DIRTT Names Kevin O’Meara as Chief Executive Officer
DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT), an interior construction company using technology for client-driven design and manufacturing, announced today that Kevin O’Meara will join the company as chief executive officer on September 10, 2018. O’Meara also joins the Company’s board of directors.
O’Meara brings to DIRTT his leadership, business acumen and extensive operating experience in the building products industry. His experience includes co-founding and growing Builders FirstSource (NASDAQ: BLDR), a manufacturer and distributor of structural building products, from inception to $2.4 billion in revenue and a successful initial public offering.
“Kevin is an accomplished operating executive with extremely relevant industry experience and knowledge,” stated DIRTT board chair Steve Parry. “Kevin’s appointment was the clear choice of everyone who participated in the extensive search process, including DIRTT’s board and senior management. In addition to his entrepreneurial spirit, Kevin’s experience building customer-focused organizations and success gaining market share align closely with DIRTT’s culture and philosophy. Kevin is keenly focused on driving value for all stakeholders: employees, customers, partners, and shareholders.”
“DIRTT’s innovative technology and world-class teams deliver significant value to its customers,” said O’Meara. “I am excited to join DIRTT and look forward to helping accelerate its growth and financial momentum.”
O’Meara succeeds Michael Goldstein, who joined DIRTT as interim CEO in January 2018. “With the successful completion of his mandate, Michael’s role with DIRTT has concluded,” Parry added. “We thank him for his contribution and wish him well in his future endeavours.”
About Kevin O’Meara
O’Meara, 53, has had a highly successful 30-year business career, including the last 20 years in construction-related industries. Most recently he has been working as an advisor to several blue-chip private equity firms. Prior to working in this capacity, Mr. O’Meara was the President and Chief Executive Officer of Atrium Corporation, North America’s largest vinyl and aluminum window manufacturer. He was also a co-founder of Builders FirstSource, serving as Chief Financial Officer as well as President and Chief Operating Officer. As President and Chief Operating Officer, Mr. O’Meara was responsible for all of Builders’ operations and instrumental in growing the company from inception to $2.4 billion in revenue from a combination of integrating 23 acquired companies as well as organic growth. He was also intimately involved in the company’s initial public offering.
Prior to Builders FirstSource, Mr. O’Meara worked as a strategy consultant at Bain & Company, and a private equity investor at Hicks, Muse, Tate & Furst, and The Sterling Group.
Mr. O’Meara holds a Master of Business Administration from Harvard Business School, a Bachelor of Arts degree in economics and a Bachelor of Business Administration degree from Southern Methodist University and is a Certified Public Accountant.
DIRTT is a building process powered by technology. The name stands for Doing It Right This Time. The company uses its proprietary ICE® Software to design, manufacture and install fully customized interior environments. The technology drives DIRTT’s advanced manufacturing and provides certainty on cost, schedule and the final result. Complete interior spaces are constructed faster, cleaner and more sustainably. DIRTT’s manufacturing facilities are located in Phoenix, Savannah, Kelowna and Calgary. DIRTT works with nearly 100 sales partners throughout North America, the United Kingdom, the Middle East and Asia. DIRTT trades on the Toronto Stock Exchange under the symbol “DRT.” For more information visit dirtt.net/investors.