ANAHEIM, Calif.--(BUSINESS WIRE)--
Willdan Group, Inc. ("Willdan") (NASDAQ:WLDN) today announced the
promotion of Stacy B. McLaughlin to Chief Financial Officer, effective
November 15, from her previous position as the company's Compliance
Manager.
"Stacy is a proactive, results-oriented professional who has extensive
knowledge of the financial drivers and performance of each of our
business segments and has worked closely with everyone on our finance
and leadership teams," said Thomas Brisbin, Chief Executive Officer.
"During the past three years, she has made a key contribution to the
Company in designing and implementing processes and procedures to
streamline accounting functions and improve efficiencies. Stacy has
already proven her capabilities and I am confident she will make a
strong contribution to our future success as our Chief Financial
Officer."
Stacy brings nearly 10 years of experience in finance, SEC reporting and
compliance. As Compliance Manager at Willdan, she has been responsible
for overseeing all aspects of the financial reporting process, including
analyzing the balance sheets and income statements of each business
segment. Prior to joining Willdan, Mrs. McLaughlin was, from 2009 to
2010, Senior Associate at Windes & McClaughry Accountancy Corporation
and, from 2004 to 2009, Senior Audit Associate at the public accounting
firm KPMG, LLP. In this position, she planned, coordinated and completed
financial statement audits for companies in the engineering services
sector, among others. McLaughlin has a Masters in Accounting from the
University of Southern California and BS from the University of Arizona.
Brisbin continued, "I would also like to thank Kimberly Gant for the
many contributions she has made to Willdan as our Chief Financial
Officer over the past 6 years and wish her well in all of her future
endeavors."
About Willdan Group, Inc.
Founded in 1964, Willdan provides professional technical and consulting
services to public agencies at all levels of government, public and
private utilities, and commercial and industrial firms. Willdan provides
a broad range of services to clients throughout the United States,
including engineering and planning, energy efficiency and
sustainability, economic and financial consulting, and national
preparedness and interoperability. For additional information, visit
Willdan's website at www.willdan.com.
Forward-Looking Statements
Safe Harbor Statement: Statements in this press release which are not
purely historical, including statements regarding Willdan's intentions,
hopes, beliefs, expectations, representations, projections, estimates,
plans or predictions of the future are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. The
forward-looking statements involve risks and uncertainties including,
but not limited to, the risk that Willdan will not be able to expand its
services or meet the needs of customers in markets in which it operates.
It is important to note that Willdan's actual results could differ
materially from those in any such forward-looking statements. Factors
that could cause actual results to differ materially include, but are
not limited to, a slowdown in the local and regional economies of the
states where Willdan conducts business and the loss of or inability to
hire additional qualified professionals. Willdan's business could be
affected by a number of other factors, including the risk factors listed
from time to time in Willdan's SEC reports including, but not limited
to, the Annual Report on Form 10-K for the year ended December 28, 2012
filed on March 26, 2013 and the Quarterly Reports on Form 10-Q for the
quarter ended March 29, 2013 filed on May 9, 2013, for the quarter ended
June 30, 2013 filed on August 8, 2013 and for the quarter ended
September 30, 2013 filed on November 7, 2013. Willdan cautions investors
not to place undue reliance on the forward-looking statements contained
in this press release. Willdan disclaims any obligation to, and does not
undertake to, update or revise any forward-looking statements in this
press release.
Willdan Group, Inc.
Stacy McLaughlin
Chief Financial Officer
Tel:
714-940-6300
smclaughlin@willdan.com
or
Financial
Profiles, Inc.
Moira Conlon
Tel: 310-478-2700 x11
mconlon@finprofiles.com
Source: Willdan Group, Inc.
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