Orion Group announces Board member Austin Shanfelter as next Chair of the Board of Directors

– USA, TX –  Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, today announced the election of Austin Shanfelter as Board Chair, effective January 1st, 2021, succeeding Richard Daerr who will retire as Chair but will remain on the Board of Directors.

Mr. Shanfelter has served on the Board since 2007 and currently serves as Chair of the Compensation Committee.

Mr. Daerr commented, “It’s been an honor and a privilege to serve as Board Chair. I have no doubt that Austin’s deep knowledge of the Company, coupled with his recognized leadership, will help realize Orion’s full potential as it executes its strategy.”

Mr. Shanfelter said, “I’m honored to be the next Chair of Orion’s Board of Directors. I’m confident in our future and our leadership as we continue to work to deliver strong value to our customers, employees, and stockholders. On behalf of the entire Board, I want to thank Richard for his dedicated service as Chair.”

“It’s been a pleasure working with Richard as Chair and I’m fortunate to be able to continue to count on his experience and expertise as a Board member,” said CEO, Mark Stauffer. “I look forward to continuing to work with Austin as incoming Chairman. Austin’s wealth of knowledge and experience will continue to help me as we drive operational performance and execute our strategic plan.”

About Orion Group Holdings

Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial, and building sectors, provides services both on and off the water in the continental United States, Alaska, Canada, and the Caribbean Basin through its marine segment and its concrete segment. The Company’s marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural, and other associated business areas. The Company is headquartered in Houston, Texas with regional offices throughout its operating areas.

For more information: http://www.oriongroupholdingsinc.com/

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