Graycor Appoints 33-Year Veteran Dave Wing as New CEO

Dec 9, 2024 at 10:01 AM
Graycor, based in Oakland Terrace, Illinois, has made a significant leadership change. A Dec. 3 news release announced that Dave Wing has been tapped as the company's new CEO. Prior to this appointment, Wing served as the president and chief operating officer for five years.

Graycor's New CEO - A Milestone in Company History

Wing's Early Days at Graycor

Dave Wing first started working with Graycor in 1991 as a project engineer. Over the course of his 33-year tenure, he was promoted several times. His journey within the company showcases his dedication and growth. He began at the grassroots level and worked his way up through the ranks, demonstrating his capabilities and earning the trust of the organization.During his early years, Wing was exposed to various aspects of the construction business. He gained valuable hands-on experience that laid the foundation for his future success. His attention to detail and commitment to excellence were evident from the start, setting him apart from his peers.

Wing's Recent Role and Achievements

In his most recent position as COO, Wing focused on short- and long-term strategic planning. He understood the importance of having a clear vision for the company's future and worked tirelessly to develop strategies that would drive growth and success. His efforts in developing a talent pipeline were crucial in ensuring the company's continued success. By identifying and nurturing young talent, Graycor is well-positioned for the future.Wing also introduced strategies to improve management practices and introduce efficiencies. His focus on operational excellence led to significant improvements in the company's processes and bottom line. His leadership and vision have been instrumental in Graycor's growth and development.

The Significance of Wing's Appointment

Wing's appointment as CEO carries a historically significant milestone for Graycor. He is the first CEO who is not a member of the Gray family, which founded the company in 1921. This marks a new era for Graycor, one that is focused on innovation and growth.Under Wing's leadership, Graycor is aiming to reach $1 billion in revenue. This is a bold goal, but one that is within reach with his leadership and the team's expertise. His appointment is a sign of the company's confidence in his abilities and his vision for the future.Graycor provides construction-manager at-risk, self-perform, and design-build services across various sectors, including education, healthcare, manufacturing, gas infrastructure, and corporate builds. With Wing at the helm, the company is well-positioned to continue to expand and succeed in these markets.Graycor was ranked No. 231 on Engineering News-Record's list of the top 400 contractors in the nation by revenue. In 2023, it reported $538.3 million in revenue, a testament to the company's success under previous leadership. With Wing's leadership, the company is poised to take the next step in its growth journey.