Webcor Hires Matt Reece, Formerly of Weeks Marine, as Chief Financial Officer

Executive moves west to add financial expertise to Bay Area construction leader.  

Webcor Builders (Webcor), one of the largest general contractors in California, has announced the hiring of Matthew Reece as Executive Vice President (EVP) and Chief Financial Officer (CFO). Reece, a seasoned financial executive, takes over the books of a construction operation with over $1 billion in revenue in 2014, $3 billion in the pipeline, and robust self-perform capabilities beyond those of most other General Contractors.

Reece began his career in the construction industry in 2000 as the Senior Vice President of Finance and Administration with URS Corporation. In 2010, he took over as CFO at Weeks Marine, another high volume self-performing contractor, before accepting the same role at Webcor earlier this year. Reece graduated from Idaho State University with a Bachelor of Business Administration (BBA) in Accounting in 1993.

I couldn’t be more excited about this opportunity. I’ve thoroughly enjoyed working in the construction industry the last 15 years. It’s wonderful to be able to look out the window or walk around a city and see the tangible results of the hard work of so many. Webcor has had incredible success recently, and I see tremendous potential here for us to get even better.

“I couldn’t be more excited about this opportunity,” said Reece. “I’ve thoroughly enjoyed working in the construction industry the last 15 years. It’s wonderful to be able to look out the window or walk around a city and see the tangible results of the hard work of so many. Webcor has had incredible success recently, and I see tremendous potential here for us to get even better.”

As EVP and CFO, Reece will serve as an integral member of Webcor’s board of directors as he assumes responsibility for Webcor’s financial health and growth. He will be accountable for the administrative, financial, and risk management operations of the company including the continued development of financial and operational strategies and metrics and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

“Matt’s extensive background in finance and expertise with self-performed work combined with his 15-plus years in our industry make him an ideal fit for us,” said Webcor President and CEO Jes Pedersen. “We welcome him to our team and look forward to his contributions.”

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