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Day & Zimmermann Announces the Retirement of Ritzel, Senior Vice President of Finance and CFO

PHILADELPHIA, PA — Day & Zimmermann (D&Z), the century-old, family-owned provider of construction and maintenance, engineering, staffing, and defense solutions, announces that Joe Ritzel will be retiring from Day & Zimmermann. Ritzel’s retirement comes after 40 years with the company, having served as only the second Chief Financial Officer at Day & Zimmermann in more than 50 years.

Ritzel joined Day & Zimmermann in March of 1983 as Controller for a Systems Engineering subsidiary (SEACOR) after leaving Touche Ross & Co (now Deloitte). In 1991, he was promoted to Vice President and Corporate Controller for Day & Zimmermann, moving into the role of Vice President and Treasurer in 1994. Three years later he was named Vice President and Group Controller for the company's Government Systems Group and then Senior Vice President and Group Controller for Day & Zimmermann's Mason & Hanger Division, prior to assuming his current role in 2001.

As CFO, Ritzel worked to continuously improve the company’s financial policies and processes, including leading many important technology improvements over the years. He was instrumental in the growth of the company through joint venture, merger, and acquisition structuring and negotiations. He also built a culture of inclusion and innovation among the company-wide finance team. In addition to his service to the company, Ritzel has been an advocate for those with disabilities and retires as the Executive Sponsor of the Abled and DisAbled Advocates Partnering Together (ADAPT) Employee Resource Group as well as working with three nonprofit boards: Pride Ventures, Special Olympics New Jersey, and the Kingsway Learning Center.

Kathleen King, Vice President, Corporate Development, will succeed Ritzel.