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Willdan Group, Inc. Appoints David L. Hunt President and CEO of Engineering Subsidiary, Willdan
ANAHEIM, Calif., Mar 22, 2007 (BUSINESS WIRE) -- Willdan Group, Inc. ("WGI") (NASDAQ:WLDN), a leading provider of outsourced services to public agencies, today announced the appointment of David L. Hunt as president and chief executive officer of WGI's engineering services subsidiary Willdan. Mr. Hunt has served as senior vice president and Orange County regional office manager for Willdan since 2002 and originally joined the Company in 1985 as a senior engineer.
W. Tracy Lenocker, Chief Executive Officer of Willdan Group, stated, "Dave is highly qualified to lead Willdan and oversee the growth and expansion of our largest subsidiary. Dave has been with the Company for over twenty years and was instrumental in the rapid growth of our Southern California operations. As an active participant in our recent transition to public company status, he is well prepared to guide Willdan through its next stage of development. On behalf of the Board, we enthusiastically welcome Dave to his new position and look forward to his immediate contributions."
"I am thrilled to accept the position," said David L. Hunt. "I have been a part of Willdan's history for the past two decades and look forward to playing a key role in driving the Company's continued growth."
Hunt joined Willdan in 1985 as senior engineer, succeeding into the roles of supervising engineer, vice president and division manager, and later, senior vice president and regional office manager for Orange County. He has served on the Boards of WGI subsidiaries Willdan and Arroyo Geotechnical since 2003 and the Board of subsidiary Public Agency Resources since 2005. Prior to joining Willdan, Hunt was with PRC Engineering for ten years as an engineer. Hunt earned Master's and Bachelor's degrees in Civil Engineering from California State University, Fullerton. He is a licensed civil engineer in California and is active in the American Society of Civil Engineers, the American Public Works Association, the League of California Cities and CELSOC (Consulting Engineers and Land Surveyors of California).
In conjunction with the appointment of Willdan's new president and chief executive officer, the Company announced the appointment of Lisa M. Penna to assume the position of senior vice president and regional office manager for the Orange County, California regional office of Willdan. Ms. Penna has been with the Company for 17 years, most recently as the Orange County Vice President and Division Manager of City Engineering and Construction Management.
About Willdan Group, Inc.
Founded over 40 years ago, Willdan Group, Inc. is a leading provider of outsourced services to public agencies located primarily in California and other western states. Willdan Group, Inc. assists cities and other government agencies with a broad range of services, including civil engineering, building and safety services, geotechnical engineering, financial and economic consulting, and disaster preparedness and homeland security. www.willdangroup.com
Willdan, a wholly owned subsidiary of Willdan Group, Inc., is an engineering and planning firm dedicated to serving the individual needs of cities, towns, counties, special districts, as well as state and federal agencies. Willdan has offices throughout California, Arizona, Nevada and Utah, serving more than 400 public sector clients. www.willdan.com
Forward-Looking Statements
Safe Harbor Statement: Statements in this press release which are not purely historical, including statements regarding Willdan Group'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 the Company 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 the Company'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. The Company's business could be affected by a number of other factors, including the risk factors listed from time to time in the Company's SEC reports including, but not limited to, the Registration Statement on Form S-1/A filed with the Securities and Exchange Commission on November 3, 2006. The Company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan Group, Inc. disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release.
SOURCE: Willdan Group, Inc.
Willdan Group, Inc. Mallory McCamant, Chief Financial Officer, 714-940-6327 mallory@willdangroup.com or The Abernathy MacGregor Group Inc. Moira Conlon, 213-630-6550 MHC@abmac.com
Copyright Business Wire 2007
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