Emery Sapp is excited to announce the promotion of Dan Hoover to the role of Chief Financial Officer (CFO) of the holding company.
Dan joins the holding company leadership team following his predecessor, Keith Bennett, who has served as the CFO for the last 22 years. Keith will remain on the Board of Directors and continue mentoring Dan as he transitions from Executive Vice President of Finance to CFO.
‘Proud’ is the word that comes to mind when asking Bennett how he felt about Dan’s promotion. Dan has spent nearly two decades leading Accounting and Finance operations at Emery Sapp and its family of brands. United alongside a talented team of leaders, Dan is dedicated to prioritizing the company’s high-performing Employee Stock Ownership Plan (ESOP) and fortifying the firm’s position as a leading national infrastructure contractor.
Commenting on the significance of Dan’s promotion to the company’s 2,500 employee-owners, Bennett says, “With nearly two decades of experience at ESS, Dan has helped grow the ESOP — and the company’s success — from the early stages. He demonstrates a wealth of knowledge in the management of the company’s finances that will enhance the c-suite and assist them in rising to the next challenge.”
With a career spanning close to 30 years, Dan’s collective experience has helped him build a cost-conscious culture. Dan’s passion for the ESOP has been bolstered by his industry involvement as a member and former officer of the Heart of America Chapter of The ESOP Association and the National Center for Employee Ownership. Over the course of his career, Dan has developed a team of professionals each with their own wealth of knowledge surrounding the ESOP and the technical and cultural aspects of financial operations. The continuity from Executive Vice President of Finance to CFO will prove seamless as Dan begins to take on his new responsibilities.
“Dan has the cultural and institutional knowledge that makes him relevant and critical to the processes of the holding company,” says Tim Paulson, Co-CEO. “His passion for the ESOP has fueled his efforts to successfully achieve sustainability and compliance for the accounting and finance teams. As CFO, he will continue to bring accurate reporting and forecasting of financials while amplifying his impact on strategic initiatives.”
Dan notes that he is rewarded every day because he is “surrounded by a dedicated and hard-working team.” His immediate priorities as he steps into the new role will be to equip the accounting and finance team to be high functioning and successful, take advantage of technology to improve efficiencies and automation of processes, and remain a financial thought leader in the industry. The driving force behind Dan’s dedication is his commitment to future generations of employee-owners.
Dan commented on his new role, “I am a goal-oriented person who is always in pursuit of bettering myself. The significance of Keith’s success as the former CFO is inspiring and a great motivator to take on any challenges to come as I step into the role. I have some pretty big shoes to fill, but I am excited to see what this next decade and beyond will bring for this best-in-class company.”
When not crunching numbers, Dan enjoys spending his time outside of the office creating memories with his family. Any outdoor activity is suited for the Hoovers including fishing, hunting, and spending weekends at the Lake of the Ozarks. Dan’s five children keep him busy and integrated with the community through their involvement in youth sports — just call him Coach Hoover! Dan and his wife carve out time each year to take a motorcycle trip, the most memorable endeavor taking them through the Rocky Mountains from Pike’s Peak to Estes Park.
When asked what the future holds, Tim Paulson shared, “The mission and value of the company don’t change with new leadership, and what made the ESOP so robust and successful will be perpetuated as Dan continues to help us deliver results!”
Congrats, Dan! We’re excited to see where you lead us next.