Ben Heraud Takes Helm as NV5's New CEO Amid Strategic Leadership Shift
Portfolio - People | Jan 07, 2025 | EIN
In a strategic shift within NV5's executive leadership, the company has appointed Ben Heraud as its new Chief Executive Officer, while Founder Dickerson Wright continues as Executive Chairman. Heraud, who joined the firm via the acquisition of Energenz in 2017, has held roles such as COO of NV5's Buildings & Technology group. His tenure has been marked by expanding NV5's technology services and overseeing significant growth. Reporting directly to Heraud are Alex Hockman, CEO of Infrastructure, and Kurt Allen, President of NV5’s Geospatial business. NV5 underscores its commitment to growth, innovation, and industry-leading profitability as characteristics driving its success. The company operates across utility services, infrastructure engineering, and more, holding over 100 offices globally. NV5’s forward-looking statements emphasize potential market and legal risks that could impact future results, aligning with the Private Securities Litigation Reform Act of 1995.
Sectors
- Consulting and Professional Services
- Technology Services
- Infrastructure and Engineering
- Geospatial Services
Geography
- United States – NV5 headquarters and primary market operations are based in the United States.
Industry
- Consulting and Professional Services – NV5 provides consulting solutions in engineering, technology, and certification serving both public and private clients.
- Technology Services – NV5 engages in tech-enabled services, including data centers and building digitization, reflecting its focus on technology.
- Infrastructure and Engineering – NV5's operations include infrastructure engineering services, with emphasis on utility and building systems.
- Geospatial Services – NV5’s geospatial services through its subsidiary Quantum Spatial contribute significantly to its portfolio.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NV5 Global, Inc. | Target Company | Company | A provider of technology, certification, and consulting solutions focused on utility, infrastructure, and building systems. |
| Ben Heraud | New CEO of NV5 | Person | Recently appointed CEO, previously COO of NV5's Buildings & Technology group. |
| Dickerson Wright | Executive Chairman of NV5 | Person | Founder of NV5, continues as Executive Chairman focusing on strategic growth and M&A. |
| Alex Hockman | CEO of Infrastructure | Person | Manages infrastructure engineering and operations for NV5. |
| Kurt Allen | President of Geospatial Business | Person | Leads NV5’s geospatial business, brought in through Quantum Spatial acquisition. |