Powerhouse Names New Chief Financial Officer

Crowley, Texas — Powerhouse, a national construction, facilities maintenance and rollout service provider, has appointed Dianna MacDonald as chief financial officer. MacDonald joins Powerhouse from Authentix, a leading global authentication and information services nanotechnology company. She brings to the company more than 25 years of private equity experience, an executive skillset complementary to Powerhouse’s current growth strategy through acquisitions initiated late last year with the investment of Lincolnshire Management, Inc.

MacDonald will lead Powerhouse’s financial operations, centralizing efforts on establishing and deploying advanced forecasting, asset protection and reporting processes.

“Powerhouse has been experiencing a 40% year-over-year organic growth rate for a decade and a half,” says Michael Wroughton, principal at Powerhouse. “That rate of expansion, along with our recently adopted acquisition strategy, calls for a different type of leadership proficiency that adapts our financial foundation so that it effectively supports our future success. Dianna has a wealth of knowledge here earned from direct experience moving into companies at critical junctures and driving impactful, effective change. She has also proven to do this while developing strong, collaborative relationships with existing team members and partners. We’re proud to have her on board.”

MacDonald’s career began at KPMG where she served as an auditor, concentrating on financial institutions.

Founded in 2004, Powerhouse (www.powerhousenow.com) is a national construction, facilities maintenance and rollout services provider headquartered in Crowley, Texas. Powerhouse delivers a broad suite of construction, facilities maintenance, exterior and rollout services.

 

 

SOURCE: Powerhouse

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