Sterling Construction Co., Inc., which operates a heavy civil construction business specializing in the building and reconstruction of transportation and water infrastructure projects in large and growing markets in Texas, announced that Milton L. Scott has been named to its Board of Directors. At the same time, Robert M. Davies' resignation became effective so that there continue to be eight directors on Sterling's Board.
Scott, age 49, joins the Board as an independent director and will serve on Sterling's Audit Committee. Mr. Scott is a managing director of Complete Energy Holdings, LLC in Houston, which was established in 2003 to acquire, own and operate power generation assets in the U.S. and has completed two successful acquisitions to date.
Before co-founding Complete Energy Holdings, Mr. Scott was executive vice president and chief administrative officer of Dynegy, Inc., which he joined in 1999 after 22 years with the Houston office of Arthur Andersen LLP, where he served as partner in charge of the Southwest Region Technology and Communications practice. He also serves on the board of directors as the lead director and chairs the audit committee of W-H Energy Services, Inc., a New York Stock Exchange listed company.
Patrick T. Manning, Sterling's chairman and CEO, noted that the Board thanked Mr. Davies for his many years of service to the Company and welcomed Mr. Scott, who he said will add extensive business experience and financial expertise to the company's Board.
Source: Sterling Construction Co., Inc.
