SAN FRANCISCO, CA — San Francisco-based general contractor Webcor appoints Executive Vice President and Chief Operating Officer Matt Rossie as Company President. Former President and Chief Executive Officer Jes Pedersen relinquished the role of President as part of a transition process that will culminate with his planned retirement in mid-2023.

In addition, Executive Vice President and Chief Financial Officer Matt Reece will be elevated to Senior Executive Vice President and will add Chief Administrative Officer to his responsibilities.

Both Rossie and Reece serve on Webcor's board of directors, which guides Webcor's strategy while representing the interests of the company's stakeholders.

Rossie, a 21-year Webcor veteran, was elevated to EVP and COO in April 2020. Before that, he served in several executive leadership roles at Webcor, including Senior Vice President and member of Webcor's executive team. Throughout his tenure, Rossie has been credited for his successful oversight of some of Webcor's largest and most complex projects with multifaceted project delivery elements, including design-build and public-private partnerships. Such projects include the UC Merced 2020 Expansion, San Francisco Public Utilities Commission Headquarters, SFMOMA Expansion, and the California Academy of Sciences.

In addressing Rossie's promotion to President, Pedersen said, "He has reorganized the way we plan and execute work to drive even more consistency across all our groups and take advantage of the best talent, regardless of where they sit in the organization chart.

"Matt has an innate ability to see the big picture yet still dive into details and tactics,” Pedersen said. “That unique combination builds a high level of confidence about how we would build any project. It also allows him to train others or make the final sell to secure work by developing unique solutions, which earns owners' trust quickly."

Reece has been Webcor’s CFO since 2015 and has served as an integral member of Webcor’s board of directors. He is responsible for Webcor’s financial health and growth and oversees the company’s administrative, financial, and risk management operations, as well as leading Paramount Insurance, Webcor’s captive insurance company. This includes the continued development of financial and operational strategies and metrics and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

Before joining Webcor, Reece served at the CFO level at two other construction-related companies, Weeks Marine and Washington Group International. As CFO and Chief Administrative Officer, Reece will be responsible and provide oversight for Webcor's legal, IT, insurance, finance/accounting, and office services functions.

"Matt Reece's extensive board experience, coupled with his comprehensive understanding of all of Webcor's diverse operations, makes him ideally suited to take on these additional responsibilities and serve as a vital partner to Matt Rossie as he assumes responsibilities as President," Pedersen said.