BELLEVUE, WA — GLY Construction, an employee-owned general contracting firm, announces that it has promoted Ted Herb to the role of Chief Executive Officer. Herb succeeds Jim Karambelas, who is retiring after 25 years with the company.

Herb joined GLY in 1987 as a Project Engineer, rising to Vice President of Operations by 2008, and has served as President since 2016. He brings an understanding of the skills and perspectives that contribute to successful project delivery at every level within the general construction industry. He has played a major role in shaping the company's cultural focus on employee training, development and recruitment.

"Ted has played a pivotal role in shaping the company we are today," Karambelas said. "He has always placed a great importance on investing in the safety and continuous education and training of the people who make our buildings possible and is the natural leader for GLY's next chapter."

"Our region is experiencing a period of tremendous growth and transformation," Herb said. "I'm aware of both the opportunities and the challenges this brings and remain convinced that our people are our greatest asset and ally in creating the best company possible. I'm humbled by GLY's trust in me and believe that we can play an important role in shaping a place our children will be proud to call home for a long time."

Herb's projects in Bellevue include the Lincoln Square real estate development projects and Overlake Hospital's expansions. He is on numerous boards and is active in community events. Herb has served as a member of the Overlake Hospital Board of Trustees and is a past President of the Overlake Medical Center Foundation Board. Additionally, he currently serves as a facilities team member for Path with Art, a not-for-profit focused on arts engagement opportunities for low-to-no income adults in active recovery.

Herb has a Bachelor of Arts degree from the University of British Columbia and a Bachelor of Science degree from the University of Washington.

GLY also announces the addition of three minority shareholders to its ownership. The following shareholders were added: Joe Bonacci, Chief Financial Officer; Tess Wakasugi-Don, Senior Project Manager; and Garrick Hughes, Senior Project Manager.

"Joe, Tess and Garrick are core to the overall success of GLY Construction, and we are excited to invite them as shareholders as we head into 2020," Herb said. "Each of them are trailblazers in their own way, and they bring decades of experience that is core to what makes our company one of the best.”

Bonacci joined GLY in 2016 as Director of Finance, a role he held for three years before being named CFO in late 2018. Bonacci's involvement in leveraging new technology to improve various processes continues to have impact on internal and external customer service. He will also serve on the company's executive committee.

Wakasugi-Don currently serves as a Senior Project Manager and is the first female owner in the firm's 52-year history. She possesses knowledge of construction methods, materials and resources and has coordinated the delivery of complex projects in both Seattle and Bellevue.

Hughes currently serves as a Senior Project Manager and his career at GLY has mirrored the growth of the tech industry with the delivery of multiple complex projects for Amazon and Expedia. He continuously pushes the industry to improve efficiency and processes that eliminate waste and cost.