STV, a leading planning, design, and management services firm with a wide North American footprint, announced on April 10, 2024, that it has appointed Chris Statham as its new Chief Financial Officer. The action is a response to the sizeable expansion that STV is experiencing and is a part of the realization of its 2023-2025 Strategic Plan.
Statham will now oversee moving the organization’s strategic goals forward, enhancing financial operations, and implementing the corporate financial strategy to support its fast growth. With STV now having 3,000 employees and its presence in more than 60 offices in North America, the company is getting ready for increased expansion under the leadership of Statham’s financial skills.
“Since launching our Strategic Plan, our company has grown significantly, with 3,000 employees and more than 60 offices in North America,” commented Greg Kelly, CEO at STV. “Transformational growth like this requires transformational leadership, so we are excited to welcome Chris to our team as we gain momentum on our strategy and further position the firm for growth in the future.”
With more than 25 years of engineering experience under his belt, Statham has worked with the largest and the most complex public financial institutions and private equity firms in the US. He has a broad background in financial planning, modelling, risk management, accounting, technology, and mergers and acquisitions. Statham has a demonstrated ability to modernize and redesign project and financial management processes and bring in sustainable long-term growth and improvement in efficiency.
The appointment of Statham to CFO happens at a time when STV is firmly moving forward with its Strategic Plan. The plan, which was launched in 2023, is to make STV a leader in the infrastructure sector by putting technology, innovation, and sustainability at the heart of the delivery of state-of-the-art solutions to clients.
Statham’s profound comprehension of the engineering industry, together with his financial expertise and strategic thinking, make him a perfect match to support STV in addressing the growth-related complications and chances. His experience in mergers and acquisitions may be an advantage too since STV as a business may want to explore possible partnerships and expansions to strengthen its market presence.
Statham as CFO will be a critical part of maintaining STV’s financial activities in line with the strategic goals. This involves streamlining the financial processes, controlling the risks, and allocating resources to support the firm’s growth strategies. Through the consolidation of STV’s finances, Statham would hence be able to ensure the company’s preparedness for a successful future, and that it remains resilient amidst unpredictable industry dynamics.
Statham is a graduate from Lehigh University with a BBA degree in business and economics and an MBA from Northwestern University’s Kellogg School of Management. He is also a qualified Certified Public Accountant (CPA) in the State of New York.
STV’s dedication to progress and innovation is portrayed in its signing of the Equity in Infrastructure Project Pledge in 2022, which means that it is among the first architecture, engineering, and construction (AEC) companies to pledge to achieve equity in infrastructure. Under Statham’s leadership, STV will not only remain committed to delivering top-notch infrastructure projects but will also work towards the promotion of diversity, equity, and inclusion in the sector.