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Ryan Companies Promotes Nordeen to Great Lakes Region President, McDonald to Divisional President

Eric Nordeen
Eric Nordeen
Jim McDonald
Jim McDonald
CHICAGO, IL — Eric Nordeen has been promoted to President of Ryan Companies' Great Lakes region, replacing Jim McDonald who is transitioning to Divisional President overseeing the West, Northwest, and Great Lakes regions.

In his role as Regional President, Nordeen will oversee all real estate development and construction in the six-state area that comprises the Great Lakes region. With offices in Chicago; Westmont, Illinois; and Milwaukee, the Great Lakes region currently has more than 1.5 million square feet of active projects touching several key sectors including health care, industrial, multifamily, and senior living.

“In Eric’s short time at Ryan, he has made a huge impact with his strong leadership skills and the relationships he’s established. The Great Lakes region has experienced solid growth over the last several years, and I’m thrilled to continue working with Eric as he moves the region forward,” McDonald said. “With Eric’s collaborative approach and passion for excellence, he is the perfect leader to build upon the team’s strengths and continue meeting our clients’ needs in the Great Lakes.”

Nordeen joined the team as Vice President of Real Estate Development in September 2021 with more than 20 years of experience in real estate development and capital markets. His focus has been building business across all sectors in the state of Wisconsin. Prior to Ryan, Nordeen was Principal of Ascendant Holdings, a company he cofounded in early 2010.

In his new Divisional President role, McDonald will oversee the West, Northwest, and Great Lakes regions. McDonald joined the company more than 23 years ago — migrating from construction to development — and has played an integral role in high-profile regional projects across all sectors. During his time as Leader of the Great Lakes region, McDonald successfully led the effort to diversify the regional team, business, and geographic footprint. Offices were established in Milwaukee, Westmont, and Chicago, and the Great Lakes teams are currently developing and building projects throughout the region. McDonald will also work closely with the West and Northwest regions to identify growth opportunities and sustain a competitive edge in those markets.

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“The continued success of the Great Lakes region wouldn’t have been possible without Jim’s strong leadership," said Brian Murray, Ryan Companies' Chief Executive Officer. "He has achieved success at every stage in his career, and as he assumes a new senior leadership management role, I’m confident that his commitment and guidance will accelerate the growth of the West and Northwest regions for Ryan."

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