MT. LAUREL, N.J.--(BUSINESS WIRE)--United Engineers & Constructors, Inc. (United) Chief Executive Officer Scott Reeder announced his retirement, effective June 28, 2024, after more than 46 years of service. He will continue to support the company as a Board member.
Mr. Reeder began his career at Catalytic, a United legacy company, after graduating from Virginia Polytechnic Institute. During his career, Mr. Reeder served in a number of project leadership and senior management roles executing complex projects across North America and internationally. Prior to his appointment to corporate leadership, he led programs and projects ranging from turnkey engineering, construction, and commissioning to operating support of large nuclear facilities and the design and construction of nuclear processing facilities. His experience also includes environmental compliance projects for coal-fired power plants and fleet-wide maintenance and outage services support programs. Many of those projects were recognized for outstanding value and industry-leading results. His teams earned international recognition for innovation, industry leadership in industrial safety, and achieving exceptional value through teaming.
After becoming CEO in 2020, Mr. Reeder successfully piloted the company through a transition of ownership during the global pandemic. He also advanced the company’s brand, returning it to United Engineers & Constructors, a company from its nearly 120-year legacy.
“I am humbled by the experience of leading United Engineers & Constructors over the past four and a half years,” said Mr. Reeder. “It has truly been an honor to lead the company and work alongside the talented and dedicated members of our team. United’s focus is its people, and I am proud of what we built together.”
“United and its employees have benefited tremendously from Scott’s leadership and mentorship, and he has helped set forth a vision for the future of United,” said Brad Holtmeier, Partner at CriticalPoint Capital. “We are incredibly grateful for Scott’s partnership with CriticalPoint and wish him the best during his retirement.”
Art Lembo, President of United’s Power Generation business, will assume the leadership role for the company. Mr. Lembo has held numerous executive leadership roles for the company and is well-positioned to continue working closely with United’s clients and employees as United continues to support North America’s critical infrastructure build and modernization.
About United
United Engineers & Constructors is an industry leading infrastructure engineering, procurement, construction, and consulting company dedicated to improving lives by delivering the most impactful solutions. Since 1905, we have served the power industry by providing comprehensive lifecycle services for the nuclear, conventional generation, renewable, and distributed energy markets. Together with our clients and partners, we are unified in our efforts to deliver innovative and transformative infrastructure that is designed and built to meet the demands of today and the future. www.ueci.com
About CriticalPoint Capital
Founded in 2012, CriticalPoint Capital is a private investment firm based in Manhattan Beach, CA. The firm is focused on acquiring companies with long-term value creation opportunities and partnering with management teams that can benefit from patient capital and a thoughtful approach to growth. CPC’s portfolio is currently comprised of eight platform investments and the firm looks to grow through additional platform and add-on acquisitions. www.criticalpointcapital.com