Tom Plumb is Appointed President and CEO

February 03, 2016
For Immediate Release

Succession Planning Continues: Kinetic Construction Announces New President and Employee Shareholders

Kinetic Construction, a Construction Manager and General Contractor with offices in Victoria, Vancouver and Courtenay, is continuing its succession plan by appointing a new president, Tom Plumb. Tom succeeds Bill Gyles, Kinetic’s founder and longtime president and CEO.

Tom joined Kinetic in 1999 and previously served as Courtenay Branch Manager for 10 years. He is a graduate of BCIT’s Building Technology program, is a Gold Seal Project Manager and has a Red Seal in carpentry. Tom has spent six months training and learning from Bill Gyles in order to prepare for his new role.

“It is both humbling and an honour to be asked to take over the leadership of Kinetic.” said Tom Plumb, Kinetic’s new president and CEO. “I’m excited to work with this exceptional team as we continue in our vision to grow in the Vancouver Island and Lower Mainland markets, as well as expand the number of employee shareholders.”

Gyles will continue working at Kinetic to help with this important transition, training and mentoring Tom and other senior employees. “It has been an honour to serve as Kinetic’s leader for the past 32 years,” Bill said. “Kinetic’s employees are a fantastic group of people to work with and have made my job easy. I know Kinetic will continue thrive under Tom’s leadership.”

Another key to Kinetic’s succession plan is employee ownership. Four more employees purchased shares in Kinetic. These new shareholders joined the existing company shareholders to increase the number of employee owners to fifteen (15.)

“Kinetic is an example of what can be achieved when you gather great people, provide a healthy and progressive culture, and let them do their work,” said Tom Plumb. “This is truly an exciting time to be at Kinetic.”

The new shareholder group met at the Annual General Meeting on January 30th, 2016 and elected these shareholders as Directors:
• Bill Gyles, Board Chair
• Chris Chalecki, Victoria Branch Manager
• Katy Fairley, Business Development Manager
• Micheal Gareau, Corporate Controller
• Mark Liudzius, Senior Project Manager
• Tom Plumb, President
• Mike Walz, Vancouver Branch Manager

Micheal Gareau, Corporate Controller, is the most recent addition to the Board.

Following the AGM, Kinetic’s Board of Directors unanimously appointed Tom Plumb as President and CEO. Bill Gyles will continue in his role as Board Chair.

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Picture, Shareholders January 2016

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