C10 STAR BUSINESS WEEKLY TUESDAY, JANUARY 13, 2015 Business Announcements Business Announcements are published in Tuesday Business and are paid for by the company placing the announcement. Building industry rAy kowAlik APPointed to newly creAted role At Burns & mcdonnell: eXecutiVe Vice President And President of gloBAl PrActices After hiring nearly 900 employees in 2014, Burns & McDonnell reached a milestone just days ago after hiring its 5,000th employee. This inspired the firm's first major kowAlik organizational change in a decade naming Ray Kowalik as Executive Vice President of Burns & McDonnell and President of Global Practices. The newly created role will provide strategic vision for future growth at Burns & McDonnell. After graduating from the University of Missouri, Ray joined Burns & McDonnell as a structural engineer 27 years ago working on projects for both the Energy and Process and Industrial groups. For the last decade, Ray has served at the helm of the firm's successful Energy Division managing critical projects across the globe, including KCP&L's Iatan Generation Station Unit 2 that was named "Plant of the Year," by Power Magazine. Ray was promoted to president of the division in 2007 and joined the board of directors in 2009. Energy will be just one of the 11 Global Practices that Ray will now provide guidance to in his new role, which includes everything from Aviation and Federal to Transmission and Distribution and Construction Design Build. "Now that we've grown to more than 5,000 people, we need someone with the experience and ability to focus on our key areas of opportunity for our company and our clients. And that person is Ray Kowalik," says Greg Graves, Chairman and CEO, Burns & McDonnell. "Ray's steady approach and forward thinking that he's provided the Energy sector is just the type of leadership that will help guide the entire company into our next chapter." rick hAlil nAmed generAl mAnAger of Burns & mcdonnel's energy diVision With a career resume highlighted by successful completion of some of the power industry's most complex projects, rick halil has been appointed GenhAlil eral Manager of the Burns & McDonnell Energy Group. Rick has spent his entire career in the Energy group since joining Burns & McDonnell in 1989 as a mechanical engineer, just after graduating from the University of Florida. Rick has served in various roles both leading and serving on multi- discipline project teams designing and constructing power generation, renewable energy, nuclear, environmental and plant betterment projects. For the past 10 years, he has provided strategic leadership of the division's engineering and project management teams which are responsible for executing client projects around the world. Rick was named an officer of the company in 2005. Rick has steadily advanced in his responsibilities with Burns & McDonnell, and is noted for providing thoughtful guidance to clients as they consider various approaches to power generation projects in a constantly evolving marketplace. "During a period of regulatory uncertainty and large-scale transformation of the utility industry, I can't think of anyone better suited than Rick in providing the guidance our clients need," said Greg Graves, Chairman and CEO of Burns & McDonnell. "He is the right leader to build on the foundation set by Ray Kowalik and the entire Energy team." Burns & mcdonnell generAl counsel elected to Vice chAir of the design-Build institute of AmericA Bill quatman, fAiA, dBiA, General Counsel of Burns & McDonnell, has been elected to Vice Chair of the Design-Build Institute of America (DBIA), the only organization in quAtmAn the world that defines, teaches, and promotes best practices in design- build project delivery. In 2014, Bill served as Treasurer of DBIA and will succeed Peter Kinsley as National Board Chair in 2016. With degrees in Architecture and Law, Bill joined Burns & McDonnell in 2008 providing a rich and unique perspective of 25 years of experience in design and construction law. He's been a trailblazing proponent of design-build throughout his career founding the Mid-America Chapter of DBIA and promoting design-build legislation. Bill also taught design-build and construction law at the University of Kansas and wrote the book, "Design-Build for the Design Professional." Design-build is the fastest growing method of construction that integrates design and construction services under one contract with a single point of responsibility. Representing 40% of all construction projects, design-build is at the heart of almost every project at Burns & McDonnell which aims to provide the best value for the client while meeting schedule, cost and quality goals. holly streeter-schAefer Joins legAl teAm At Burns & mcdonnell holly streeter- schaefer is Burns & McDonnell's newest staff attorney who offers a rich blend of passion and experience in construction law. Holly graduated with distinction from streeter-schAefer Iowa State University with a degree in Construction Engineering and received her law degree from Drake University. Specializing in construction law, contracts and risk management, Holly will leverage her 15 years' of legal experience to focus on three of the firm's growing global practices: Water, Transportation, and Environmental. In addition, she will also provide legal guidance and strategy on a broad range of business matters that intersect with design and construction law, corporate, regulatory and business law. Holly comes to Burns & McDonnell from the Polsinelli law firm, where she spent the majority of her career focusing on legal matters in the design and construction industry. Holly also spent more than five years in-house with a large construction company where she served as corporate counsel. Holly is a member of the Missouri Bar, Kansas Bar and the Kansas City Metropolitan Bar Association. She is highly involved in the construction trade organization and is a regular speaker on current issues within the industry. She is also on the Board of Central Exchange and a member of the Central Exchange WiSTEMM committee. Holly also serves on the City of Overland Park's Code Board of Appeals and as a board member of the Greater Kansas City NAWIC chapter. About Burns & McDonnell Burns and McDonnell is a company made up of more than 5,000 engineers, architects, construction professionals, scientists, consultants and entrepreneurs with offices across the country and throughout the world. The firm strives to create amazing success for its clients and amazing careers for its employeeowners. Burns & McDonnell is 100% employee-owned and is proud to be No. 14 on FORTUNE's 2014 List of 100 Best Companies to Work For. For more information visit: http://burnsmcd.com. hollis + miller Architects Announces the following Addition to its Architecture + design firm hollis + miller Architects has expanded its team with the following addition: travis J. willson, AiA joined Hollis + Miller Architects as a licensed and registered senior architect. Prior to joining the firm, he was an architect at Clockwork Architec- willson ture + Design (2014), HTK Architects (2009-2013) and Springfield, Mo.based Jack Ball Architects (20022008). Willson has a bachelor's of architecture from Drury University. Deadline is Tuesday 2 weeks prior to desired publication. For information, call Rhonda Sparks at 816-234-4089 or email [email protected] [email protected] or 816-234-4089 WWW.KANSASCITY.COM CHROSTOWSKI: Recovery’s for real FROM C1 500 rising 13.7 percent including dividends. The plunge in oil prices provided the most surprising dose of economic medicine. Falling from near $100 a barrel to below $50 will give consumers what amounts to at least a $100 billion a year tax cut. The Fed felt confident enough to begin winding down its quantitative easing, while interest rates stayed low. Defying pessimists, inflation remained caged and the price of gold fell. Overall, the U.S. will log about a 3.3 percent increase in the GDP and easily outperformed the economies of many other countries. Thus the dollar strengthened. At the first of 2014, the dollar bought .73 of a euro. Monday it bought .85. And finally, U.S. budget hawks should note that the deficit as a percentage of GDP is the best since before the recession. Still, as in any recovery from near death, it’s too soon to declare the economy fully healed and sure to keep improving. A big danger now is that the Fed overestimates the health of the economy and raises interest rates too fast. Pessimists still have plenty of bad numbers they could use to dim a rosier view. Wage stagnation, the weak labor force participation rate and rising inequality are still problems. The numbers I find most immediately troubling are housing and business startups. Sales of new and existing homes last year fell about 3 percent, and we’re still below the pace of single-family home construction and sales that existed even before the housing bubble. Business startups are at their lowest in 30 years. U.S. businesses are now dying faster than they’re being created. The overriding reason for the weakness, economists say, is that despite low interest rates, tight credit continues. Bankers just aren’t approving enough loans, even to mortgage applicants with good credit records or entrepreneurs with good ideas and decent collateral. To help housing, Fannie Mae recently eased lending standards a bit, and the Obama administration last week said it planned to shave insurance premiums on some federally issued mortgages. Of course, we don’t want to go back to the bubble years, when bankers were figuratively throwing money out their doors. But it’s galling that bankers who got us into this mess by being reckless are now holding back the economy out of cautionary excess. Other economic observations: ❚ The increase in minimum wages in 25 states next year will provide a chance to see whether the boost hurts businesses and leads to significant layoffs compared with other states. ❚ Remember the angst about cutting back longterm jobless benefits? What happened to those people? Economists should figure out whether they finally began taking less-than-optimum jobs and whether that played a big part in the increase in jobs created last year. ❚ My scary prediction for 2015: Hackers will succeed in taking down a major U.S. financial institution. To reach Keith Chrostowski, business editor of The Star, call 816-234-4466 or email [email protected]. Twitter: @Keithc3
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