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HOUSTON - Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, announced Monday the appointment of Alison Vasquez as Executive Vice President, Chief Financial Officer, and Treasurer, effective June 23, 2025. Vasquez will succeed Scott Thanisch, who is leaving to pursue another opportunity but will remain in an advisory role until July 1 to ensure a smooth transition.
Vasquez brings over 25 years of experience in finance and accounting within public companies. Her previous roles include Senior Vice President and Chief Accounting Officer at KBR, Inc. (NYSE: KBR), where she led a large team and held various leadership positions. During her tenure, KBR demonstrated strong financial performance, with InvestingPro data showing revenue growth of ~13% in the last twelve months and an impressive return on equity of 28%. Her expertise extends to auditing, investor relations, and mergers and acquisitions, particularly in the global construction industry.
Travis Boone, President and CEO of Orion, expressed confidence in Vasquez’s ability to contribute to the company’s next growth phase and emphasized her alignment with the firm’s strategic goals. Austin Shanfelter, Chairman of the Board, echoed Boone’s sentiments, highlighting Vasquez’s timely skills and experience.
Orion reiterated its 2025 full-year guidance, anticipating revenues between $800 million and $850 million, with Adjusted EBITDA projected to be in the range of $42 million to $46 million. This guidance reflects the company’s optimism about its future performance. According to InvestingPro, KBR maintains strong market position with a market capitalization of $6.9 billion and has maintained dividend payments for 18 consecutive years. Investors seeking deeper insights into both companies can access comprehensive Pro Research Reports, available for over 1,400 US stocks through InvestingPro’s advanced analytics platform.
Vasquez, a Certified Public Accountant in Texas, holds both a Bachelor of Business Administration degree and a Master in Professional Accounting degree from the University of Texas at Austin. She expressed excitement about joining Orion, noting the company’s leadership position in specialty construction services and its significant market opportunity.
Boone also took the opportunity to thank Thanisch for his contributions and wished him success in his future endeavors.
Orion Group Holdings, based in Houston, Texas, operates in the infrastructure, industrial, and building sectors, providing services both on and off the water in various regions, including the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin. KBR, where Vasquez previously served, currently shows strong financial health metrics according to InvestingPro, with a solid Piotroski Score of 7 and an Altman Z-Score of 4.27, indicating robust financial stability in the sector.
This leadership change announcement is based on a press release statement from Orion Group Holdings, Inc.
In other recent news, KBR Inc. reported its first-quarter 2025 financial results, which included an adjusted earnings per share (EPS) of $0.98, exceeding the forecasted $0.87. However, the company’s revenue of $2.05 billion fell slightly short of the anticipated $2.08 billion. Despite this mixed performance, KBR remains optimistic about its fiscal year 2025, projecting revenues between $8.7 billion and $9.1 billion. In addition, KBR announced a regular quarterly dividend of $0.165 per share, reflecting its commitment to returning value to shareholders.
KBR has also entered a partnership with ACMI Properties to enhance its space food capabilities in Houston, aiming to establish a new facility at NASA’s Exploration Park. This initiative underscores KBR’s ongoing efforts to support human spaceflight needs. Meanwhile, analysts from Goldman Sachs downgraded KBR’s stock rating from Buy to Neutral, citing the stock’s alignment with its target price. Despite this, Goldman Sachs acknowledged KBR’s technological strengths and strategic financial decisions.
These recent developments highlight KBR’s strategic initiatives and ongoing projects, including significant contract wins in its Mission Technology Solutions segment. The company continues to focus on expanding its operations and maintaining a robust backlog, which supports its positive outlook for the year.
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