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DSC Dredge Announces Dugan will Succeed Dolan as Vice President and Chief Financial Officer

Left to right: Kevin Dolan (Outgoing VP & CFO) and Doy Dugan (Incoming VP & CFO)
Left to right: Kevin Dolan (Outgoing VP & CFO) and Doy Dugan (Incoming VP & CFO)
RESERVE, LA — DSC Dredge announces the retirement of Kevin Dolan from his position as Vice President and Chief Financial Officer (VP & CFO). Dolan has dedicated 15 years to DSC and during his time worked closely with President and CEO Bob Wetta as they developed DSC’s financial policies. As a member of Senior Management, Dolan oversaw areas such as accounting, taxation, treasury operations, contract review, risk management, and corporate planning/forecasting.

Dolan started his career in 1981, and after receiving a master’s degree in economics from The Ohio State University began his journey by working in the treasury departments of two Fortune 500 companies. Prior to joining DSC, he served as VP & CFO at middle market companies in the power generation and telecommunications industries. Dolan said that he used what he had learned from each predecessor company to improve the operations of a successor company.

“We never know where the twists and turns of life will take us," Dolan said. "During my tenure at DSC, there have been ... smooth sailing moments, but like life, there were also some rough seas — all of which were learning and growth opportunities. Overall, DSC was a good ride.”

Dolan remains active in his current role and is working to help the transition of his successor Doy Dugan. Dugan is a seasoned executive, who brings over 30 years of global financial and operational experience working for both public and private companies. Most recently he served as CFO at Diversified Well Logging, LLC. Prior to that, he held the CFO position at Advanced Drilling Solutions and Spartan Offshore, LLC. Dugan began his career at Falcon Drilling Company, where he spent more than nine years in a variety of roles of increasing responsibility.

Dugan will take lead on all aspects of DSC’s financial portfolio, taking over from where Dolan left off. Dugan is a CPA with a Master of Business Administration.

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“I want to thank Kevin for his many years of service to DSC as VP & CFO and for the impact he has had on the company and indirectly all of our clients,” said Bob Wetta, President and CEO, DSC Dredge. “Kevin has driven a strategic vision for the company’s financial success, and as he embarks upon his retirement [he] leaves DSC in a stronger position for future growth. We are all truly grateful for the time he has contributed to us, and on behalf of my brother William Wetta and everyone at DSC, we wish him all the best. We are also pleased to welcome Doy to the DSC team as our new Vice President and Chief Financial Officer. His impressive track record of financial leadership and strategic planning will be instrumental in driving our continued growth and success. We look forward to working alongside Doy to further strengthen our position as a leading global dredging company.”

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