Webcor Hires Matt Reece, Formerly of Weeks Marine, as Chief Financial Officer

SAN FRANCISCO, June 15, 2015 /PRNewswire/ -- Webcor Builders (Webcor), one of the largest general contractors in California, has announced the hiring of Matthew Reece as Executive Vice President (EVP) and Chief Financial Officer (CFO). Reece, a seasoned financial executive, takes over the books of a construction operation with over $1 billion in revenue in 2014, $3 billion in the pipeline, and robust self-perform capabilities beyond those of most other General Contractors.

Reece began his career in the construction industry in 2000 as the Senior Vice President of Finance and Administration with URS Corporation. In 2010, he took over as CFO at Weeks Marine, another high volume self-performing contractor, before accepting the same role at Webcor earlier this year. Reece graduated from Idaho State University with a Bachelor of Business Administration (BBA) in Accounting in 1993.

"I couldn't be more excited about this opportunity," said Reece. "I've thoroughly enjoyed working in the construction industry the last 15 years. It's wonderful to be able to look out the window or walk around a city and see the tangible results of the hard work of so many. Webcor has had incredible success recently, and I see tremendous potential here for us to get even better."

As EVP and CFO, Reece will serve as an integral member of Webcor's board of directors as he assumes responsibility for Webcor's financial health and growth. He will be accountable for the administrative, financial, and risk management operations of the company including the continued development of financial and operational strategies and metrics and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

"Matt's extensive background in finance and expertise with self-performed work combined with his 15-plus years in our industry make him an ideal fit for us," said Webcor President and CEO Jes Pedersen. "We welcome him to our team and look forward to his contributions."

Webcor has completed over 55 million square feet of projects to date, and is well-known for constructing projects of all sizes, strong self-perform concrete and interiors divisions, and sustainable landmark structures. Webcor continues to be listed as one of the nation's top-ranked Construction Companies. The company is currently listed as one of the Bay Area's largest Commercial Contractors by the San Francisco Business Times and one of the top green contractors in the U.S. by the Engineering News-Record. Additionally, Webcor is one of the Top 10 Concrete Contractors in the nation per CC100.

Webcor has been featured in The Wall Street Journal, The Harvard Business Review, The New York Times, Newsweek, Business Week, California Computing, California Construction, and the Engineering News-Record for high quality, speed of construction, and industry-leading use of technology. Webcor Builders provides a full spectrum of preconstruction and construction services that include, Design Review, Structural and Constructability Analysis, LEED Certification Analysis, Scheduling, Estimating, Subcontractor Outreach, Prequalification and Selection, Material Purchasing and Commissioning.

About Webcor
Webcor's extensive knowledge base, sharply-honed technical skills, and over 43 years of experience allow the firm to provide exceptional value by building smarter. Webcor Builders is one of the leading General Contractors in California and were recently named the 2014 California Contractor of the Year by the Engineering News-Record (ENR). Founded in 1971, Webcor is known for an innovative and efficient approach to construction, wide range of experience, cost effective design/build methodology, skill in concrete construction, and expertise in building landmark projects.

Webcor's mission is to build structures of superior quality and value with integrity and continuously improve its processes through the innovation of skilled people. It strives to be open to individual ideas and add social and economic value to its communities. Please visit www.webcor.com to learn more and follow Webcor on Facebook, Twitter, LinkedIn, Instagram, and Tumblr.

Photo - http://photos.prnewswire.com/prnh/20150615/223100

SOURCE Webcor Builders

Related Links

http://www.webcor.com