Washington Companies

Washington Companies names Jerry Lemon as Chief Financial Officer

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The Washington Companies announced today the appointment of Jerry Lemon as Chief Financial Officer, effective immediately. The new position will provide oversight of all financial, accounting, and treasury functions for all operations that comprise the Washington Companies.

Washington Companies’ President and CEO Larry Simkins said, “As the Washington Companies continue to grow with their long term vision, the addition of Jerry’s expertise, experience, and talent is a significant step forward for the organization. Our people and our operations will benefit from his 30 plus years of global experience with complex and diverse organizations.”

Mr. Lemon commented, “I am honored to be a part of The Washington Companies at this exciting juncture. With Washington Group International’s early influence on my career, I’m particularly pleased to have the opportunity to return and work with the current leadership team in this new generation of agile growth and opportunity.”

Mr. Lemon joins the Washington Companies most recently from Quanta Services, Inc, a $12 billion Fortune 500 company specializing in electric power and underground utility and industrial infrastructure solutions. As Chief Accounting Officer, his finance and accounting team provided support to all operating companies within a decentralized operations structure. Prior to Quanta, his leadership in other Fortune 500 companies included key roles during the transitions of Washington Group International, Inc. to URS and its subsequent acquisition by AECOM.

We look forward to having Jerry in Missoula to lead our finance function as an integral member of the Washington Companies.

About Jerry Lemon:
Mr. Lemon’s experience within financial operations, strategic planning, and mergers and acquisitions in the industrial sectors is significant. He was most recently the Chief Accounting Officer for publicly held Quanta Services, Inc. (NYSE: PWR) in Houston, Texas. Prior to Quanta, he was Senior Vice President and CFO of the Energy, Infrastructure and Industrial Construction business unit of AECOM (NYSE: ACM). His construction financial experience included URS (Senior Vice President Energy and Construction) and Washington Group International, Inc. (Senior Vice President and Corporate Controller) which were ultimately acquired by AECOM. Washington Group International Inc. (NYSE: WGII) was founded by Mr. Dennis Washington and sold to URS in 2007. Mr. Lemon started his career at Arthur Andersen LLP and KPMG LLP. He is a Certified Public Accountant with a Bachelor of Science Degree from Brigham Young University

About The Washington Companies
The Washington Companies are a group of privately held companies headquartered throughout the United States and western Canada and conducting business internationally. Holdings include Montana Resources, Montana Rail Link, Seaspan Marine and Shipyards, Southern Railway, Modern Machinery and Envirocon with annual revenues in excess of $2 billion. Our customer focus to reliably deliver commodities, ships, transportation, service, equipment, and technology, as the safe, low cost operator earns us the reputation as a desired counterparty.

With over a half century of experience in our focus industries, The Washington Companies have established a reputation on fulfilling their founding principles of integrity, performance, passion and vision. As part of giving back within our local communities, the Dennis and Phyllis Washington Foundation gives a boost to local charities in the communities where our employees live and work
as well as support for prestigious national programs.