McCownGordon Construction, one of the region’s biggest contractors, announced this morning that its co-founders, CEO Pat McCown and President Brett Gordon,were moving to board roles and turning day-to-day management of the company over to Ramin Cherafat in 2018.
McCown will retire at the end of this year, and Gordon will become chairman of the company’s board. Cherafat, currently chief operating officer, will become CEO.
“When Brett and I co-founded McCownGordon in 1999, it was with the intent to build a company on strong core values and exceptional client service; a company that would endure well beyond our tenures and provide growth and opportunity for our current and future associates and partners,” McCown said in a news release announcing the succession plan. “We have grown from a handful of associates in 1999 to over 250 today with a portfolio of projects that has helped shaped the Kansas City area and beyond. We are proud of all that the team of McCownGordon has accomplished.”
“The origins of our succession plan came in 2015 when we launched the ESOP that made the company 100 percent employee owned,” saidGordon. “We made the move to employee ownership to ensure every associate has a voice and an opportunity to participate in the success of the company through their hard work and dedication. It is with this foundation that we unveil the plan today.”
Cherafat has been with the company almost from the start, and has been a member of the executive team for the 13 years, playing key roles in growing reginoal market share, opening a regional office in Manhattan, and creating the Veloxity Building Concepts operation.
“McCownGordon has grown and thrived because of the incredible team that we have in place to provide our clients and partners the best building experience. It is one of the reasons our customers, design partners and subcontractors choose to build with us again and again,” Cherafat said.
The firm historically has not disclosed its revenues, but Cherafat said it projects to bring in more than $525 million this year, with a backlog of more than $750 million. “We have a talented and collaborative leadership team in place that will continue to focus on the company’s growth well into the future with ongoing emphasis on our firm’s core values of integrity, relationships and performance,” he said.