Wilford W. Clyde, who previously served as CEO, will retain his position as Chairman of the Board of Directors.
"As a $2.5 billion enterprise with nearly 5,000 employees, Clyde Companies has never been stronger or better positioned for success," Hafen said. "Our strategic plan extends that trajectory and honors a legacy of a strong reputation, business integrity, and community stewardship for another hundred years."
Prior to his current role as President of Clyde Companies, Hafen served as President of CCI subsidiaries Sunroc and Sunpro, and as Vice President of Administrative Services for Clyde Companies. He joined the Clyde Companies family of businesses in 2004.
Hafen graduated from Brigham Young University with a master's degree in accounting. He currently serves as the MTech Board Vice Chair and on the Salt Lake Chamber's Board of Governors, and previously served as Chair of the Utah Valley Chamber of Commerce.
Clyde Companies is a provider of construction products and services in the Intermountain West and Great Plains regions. The company has been involved in almost every aspect of building and construction since 1926.