Corvias Group announced that Greg Cannito has been appointed managing director of Corvias Solutions. Corvias Solutions, a wholly owned subsidiary of Corvias Group, is a privately owned company that strives to tackle large-scale facilities and infrastructure challenges through public-private partnerships (P3).
In his new role, Cannito will oversee the application of Corvias’ P3 model to solve the infrastructure and energy challenges public sector institutions are facing nationwide. This includes Corvias Solutions’ recently approved 30-year, $100 million Clean Water Partnership with Prince George’s County, Md., where Corvias will manage the design, construction and long-term maintenance of storm water management systems. Cannito has been involved with the project since Corvias’ initial discussions with the county, the U.S. Environmental Protection Agency and Maryland Department of the Environment (DOE). His efforts have played a part in helping Corvias’ partners understand that Corvias, as a private company, can provide local governments with access to capital markets and private sector efficiencies to meet clean water goals more quickly and for less money than traditional funding methods.
“In Greg’s time with Corvias, he has exhibited a keen ability to foster and implement partnerships across a broad range of sectors with an equally diverse array of public partners,” said Corvias Group President and Chief Operating Officer Michael De La Rosa. "He’s shown a deep understanding of Corvias’ distinct approach, and has helped our partners like the Department of Defense and Prince George’s County appreciate how our tailored solutions can help them address their significant challenges. Greg was instrumental in the development of The Clean Water Partnership from its infancy and we are excited to apply our knowledge about the ongoing infrastructure issues facing municipalities nationwide to future undertakings.”
Most recently, Cannito served as the senior vice president of program development for Corvias Group where he was responsible for strategic development and execution of new opportunities aligned with the company’s P3 approach. Cannito joined Corvias in 2003 and has more than 15 years of business development and P3 experience.
In addition to his work with The Clean Water Partnership, Cannito managed operations representing a total development budget of more than $500 million for Corvias Military Living, the company’s military housing division, at Fort Meade and Aberdeen Proving Ground in Maryland. During this time, Cannito also coordinated the development of Reece Crossings, a $72 million project that created the first-ever on-post apartments for junior unaccompanied service members, for the Department of Defense.
Cannito served in the U.S. Marine Corps and holds a B.S. in Finance from Virginia Tech University. He is a board member of the National Council for Public-Private Partnerships.
Source: Corivas Group
