Board of Directors

Board of Directors

Carl A. Albert
Director
albert

Carl A. Albert has been a member of the Board of Directors of Great Lakes Dredge & Dock Corporation since 2010. Mr. Albert was Board Chair of Boise Inc., a leading manufacturer of a packaging and paper products company that was sold in the fall of 2013 for approximately $2 billion. Mr. Albert has had a distinguished career in the aerospace industry and more recently as an investor. Since 2000, Mr. Albert has served as Board Chair and Chief Executive Officer of Fairchild Venture Capital Corporation, a private investment firm. From 1990 to 2000, he was the majority owner, Chairman and Chief Executive Officer of Fairchild Aerospace Corporation and Fairchild Dornier Luftfahrt, GmbH, both aircraft manufacturers. After providing start-up venture capital, he served from 1981 - 1988 as the Board Chair and Chief Executive Officer of Wings West Airlines, a regional airline that was acquired, during 1988, by AMR Corporation, the parent of American Airlines. Earlier in his career, he was an attorney practicing business, real estate and corporate law. He received a Bachelor of Arts degree from the University of California at Los Angeles (UCLA) and a Bachelor of Laws degree from the UCLA School of Law.

Independent Director
Lawrence R. Dickerson
Director

Mr. Dickerson spent 34 years at Diamond Offshore Drilling, Inc. (NYSE:DO), a deepwater oil  and gas drilling contractor, where he served as President and Chief Executive Officer from 2008 until his retirement in 2014.  Prior to his service as President and Chief Executive Officer, Mr. Dickerson served as Chief Financial Officer (CFO), during which he helped take the company public, and Chief Operating Officer, during which he gained substantial operating and commercial experience. 

In addition to being a seasoned executive, Mr. Dickerson has significant board experience.  He has been a Member of the Board of Directors on the boards of Murphy Oil Corporation (MUR), a gas exploration and production company, and Oil States International (NYSE:OIS), an oilfield equipment services company, since 2014.  Mr. Dickerson is on the Audit and Nominating and Governance Committees at Murphy Oil Corporation and on the Audit Committee at Oil States International.  He was Chairman of the Board of Directors of Hercules Offshore, Inc. from 2015 to 2016, an offshore drilling company, and he also served on the Board of Directors of Global Industries, Ltd. from 2008 - 2012, (NASDAQ:GLBL), a subsea construction company that was sold to Technip in 2011. 

Independent Director
Chairman of the Board
Ryan Levenson
Director

Ryan Levenson is currently Principal and Portfolio Manager of Privet Fund Management LLC. Mr. Levenson currently serves on the Board of Directors of Frequency Electronics, Inc (NASDAQ:FEIM), Hardinge, Inc. (NASDAQ:HDNG), Agjunction, Inc. (TSX:AJX) and Cicero, Inc. (OTC:CICN). Previously, Mr. Levenson served as a director of RELM Wireless, Inc., where he served as a member of the Audit Committee, and as a director and member of the Compensation, Organization and Corporate Governance Committee of Material Sciences Corp. from May 2013 until its sale in March 2014. Mr. Levenson also served as a member of the Board of Directors and Compensation and Audit Committees of The Middleby Corporation from May 2006 until November 2012. Prior to founding Privet Fund Management LLC in February 2007, Mr. Levenson served as Vice President of Business Development at MSI, a privately held building products distributor and construction services company, from 2003 until 2006. Prior to his service with MSI, Mr. Levenson served as a financial analyst for Cramer Rosenthal McGlynn's long/short equity hedge fund after working at SAC Capital Advisors LLC in a similar capacity.

Independent Director
Lasse Petterson
Chief Executive Officer and Director

Mr. Petterson was appointed to the role of Chief Executive Officer (CEO) on May 1, 2017, by the Board of Directors.   Mr. Petterson most recently has served as a private consultant to clients in the Oil & Gas sector and served as Chief Operating Officer (COO) and Executive Vice President at Chicago Bridge and Iron (CB&I) from 2009 to 2013.  Reporting directly to the CEO, he was responsible for all of CB&I's engineering, procurement and construction project operations and sales. Prior to CB&I, Mr. Petterson was CEO of Gearbulk, Ltd., a privately held company that owns and operates one of the largest fleets of gantry craned open hatch bulk vessels in the world.  He was also President and COO of AMEC Inc.Americas, a subsidiary of AMEC plc, a British multinational consulting, engineering and project management company.  Prior to joining AMEC, Mr. Petterson served in various executive and operational positions for Aker Maritime, Inc., the deepwater division of Aker Maritime ASA of Norway over the course of 20 years.  He spent the first nine years of his career in various positions at Norwegian Contractors, an offshore oil & gas platform contractor.  Mr. Petterson holds both master's and bachelor's degrees from the Norwegian University of Technology.

Kathleen M. Shanahan
Director

Kathleen M. Shanahan is a prominent Florida businesswoman with a long and distinguished background in business, politics and public service. Ms. Shanahan has recently been named co-CEO of Turtle & Hughes, an electrical and industrial distribution company headquartered in Linden, New Jersey. Prior, she was the Chairman of Ground Works Solutions, previously known as URETEK Holdings, Inc. Ground Works Solutions is a Florida based company focused on soil stabilization and densification for infrastructure rehabilitation. From 2011 until 2016, Ms. Shanahan served as Chairman and Chief Executive Officer of the company.

Ms. Shanahan currently serves as a Vice Chair of the Florida Council of 100, pro bono advisor to the Florida Coalition Against Domestic Violence, board member of BioIQ, board member of the Hillsborough Area Regional Transit Authority (HART), board member of Tampa General Hospital, board member & Executive Vice President of Marketing for Turtle & Hughes, and is a member of Women Corporate Directors and the International Women’s Forum.

Previously, Ms. Shanahan was Chairman and CEO of WRScompass, a civil and environmental construction company that experienced significant growth under her leadership from 2005 through 2011. Prior to her executive management posts, Ms. Shanahan was a senior consultant to former New York Stock Exchange CEO John Thain, and a senior executive in charge of public and community affairs at PaineWebber.

Her positions in federal and state public policy include serving as Chief of Staff for Florida Governor Jeb Bush, Chief of Staff to Vice President-elect Dick Cheney, Deputy Secretary of the California Trade and Commerce Agency, Special Assistant to then Vice President George Bush, and Staff Assistant on President Reagan’s National Security Council.

Ms. Shanahan previously served as a member and Chair of Florida’s State Board of Education, the Eckerd Board, the Lincoln Center Institute Board, member of the National Parks Foundation Board – a Presidential appointment, executive cabinet member of the American Heart Association’s Tampa Bay Heart Ball, executive committee member of the Republican National Convention 2012 Tampa Bay Host Committee, member of the Terra Sea board, a Great Lakes Dock & Dredge company with Belgian based DEME/DEC, a board member of TRC (NYSE:TRR), which was later taken private after being acquired by a private equity firm, and as Chair of the Florida Supreme Court Judicial Nominating Commission.

In recent years, Ms. Shanahan has been honored with the Tampa Bay Business Journal’s Inaugural Community Leader Award at the 2012 Business Woman of the Year Gala. In 2011 she received the Governor’s Business Leader Award, and in 2010 she was awarded the Foundation for Excellence in Education’s Arts for Life! Guardian of the Arts Award.

Ms. Shanahan received her undergraduate degree in biochemistry from the University of California, San Diego and a Masters of Business Administration from the New York University Stern School of Management.

Ronald Steger
Director

Mr. Steger serves on the Board of Directors of Great Lakes Dredge and Dock Corporation (since May of 2018) as a member of the Audit Committee; Global Eagle Entertainment, Inc. (since April 2017) as Chairman of the Audit Committee.  Since September 2015, Mr. Steger has served as the Senior Technical Advisor to the Effectus Group, an accounting advisory firm based in Silicon Valley.  He has also served on the Advisory Board of ATREG, a global advisory firm specializing in the semiconductor and related advanced technology verticals, since February 2014; Overseas Shipholding Group, Inc. from August 2014 to June 2018 as its Audit Committee Chairman and member of the Corporate Governance and Risk Assessment Committee; and International Seaways, Inc. (from November 2016 to June 2017) as a member of the Audit Committee and Chairman of the Corporate Governance and Risk Assessment Committee.

Mr. Steger began his career with KPMG in 1976 and was admitted into its partnership in 1986. Ron served as an SEC Reviewing Partner from 2003 to 2013, and retired from the firm in December 2013.

Mr. Steger holds a BS in Accounting from Villanova University. 

D. Michael Steuert
Director

Mr. Steuert served as senior vice president (SVP) and CFO of Fluor Corporation (NYSE:FLR), one of the world’s largest publicly traded engineering, procurement, construction, maintenance, and project management companies, from 2001 until his retirement in 2012.  Prior to his service at Fluor, Mr. Steuert served as SVP and CFO of Litton Industries Inc., a defense contractor acquired by Northrop Grumman Corporation in 2001, and as SVP and CFO of GenCorp Inc., now Aerojet Rocketdyne, a technology-based aerospace and defense company (NASDAQ:AJRD), from 1990 to 1999.  Mr. Steuert started his career at TRW Inc.

In addition to his extensive executive leadership experience, Mr. Steuert has substantial board experience.  He has been a Member of the Board of Directors of LNG Ltd. (ASX: LNG) since 2015 and is a member of the Board’s Audit Committee and Chairman of its Risk Committee.  He has been a Member of the Board of Directors of Weyerhaeuser Co. (NYSE:WY) since 2004 and is Chairman and Financial expert of the Audit Committee and is a member of the Corporate Responsibility and Governance Committee.

Independent Director
Major General (Ret.) Michael J. Walsh
Director
Michael Walsh

Mr. Walsh currently serves as Vice President – Water Resources and Coastal Resiliency at Dewberry, a privately held professional services firm providing architectural, engineering, management and consulting services to a wide variety of  public- and private-sector clients.  Prior to Dewberry, Mr. Walsh served over 19 years with the U.S. Army Corps of Engineers (the “Corps”).  From 2011 to 2013, he was Deputy Commanding General for Civil and Emergency Operations and responsible for a $10 billion annual program supervising all civil works activities nationwide.  Mr. Walsh oversaw the operation and maintenance of civil infrastructure valued at $232 billion, including more than 693 dams, 4,254 recreation areas, over 12,000 miles of commercial inland waterways, and approximately 926 harbors.  From 2008 to 2011, Mr. Walsh was Commanding General, Mississippi Valley Division and President of the Mississippi River Commission, after having served as Commanding General for the Gulf Region Division in Baghdad, Iraq for Operation Iraqi Freedom from 2006 to 2007.  Mr. Walsh served as Commander of the South Atlantic Division from 2004 through 2006.  Prior to 2004, Mr. Walsh held various positions within the Corps, both in the field and at the Corps headquarters.  He served as District Commander of the San Francisco and Sacramento Districts, respectively, in addition to serving as Executive Director of Civil Works and Chief of Staff at the Corps headquarters in Washington, D.C.  Mr. Walsh received his Master of Building Construction degree from the University of Florida, and his Bachelor of Science degree in civil engineering from the Polytechnic Institute of New York.

Independent Director

For recent transactions, including derivative transactions, see our Section 16 SEC filings page.