Steve Giacin Named President of Kaiser Electric

Kaiser Electric, Inc. Executive Vice-President of Operations Steve Giacin has been named president of the company.  Giacin, 46, has been with the company for more than 10 years and has served as project manager, service department manager, manpower coordinator, and most recently as executive vice-president of operations.

In January 2008, the company’s three owners, brothers Robert, James and John Kaiser, sold 70 percent of their stock in the company to five long-time Kaiser employees. Giacin purchased the majority of the stock at 30 percent, with the remaining four employees, Mike Lundry, Mike Murphy, Ken Naumann, and Jerry Dorhauer, each purchasing 10 percent.
 
“My primary focus will be continuing Kaiser’s commitment to its existing clients and to develop new relationships with customers looking for value and stability through performance and professionalism,” said Giacin. “Another goal for 2009 is to keep the positive momentum and success going at our newly opened Illinois office.”
 
Kaiser Electric has complete design-build capabilities, two professional engineers on staff, a communications department and a strong presence in the health-care and industrial markets. Kaiser has annual revenues of $30-$35 million. Notable projects have included lighting of the Gateway Arch, Cardinal Glennon Children’s Hospital addition/renovation, Metropolitan Sewer District’s Lower Meramec Lift Station in St. Louis County, St. Lukes Hospital OSB project, SSM St. Joseph’s Hospital expansion in Lake St. Louis, and BJC Progress West Hospital.
 
Robert Kaiser said last year’s stock deal allowed Kaiser to keep the good employees that it had, while giving them an incentive to improve the company. He praised Giacin’s leadership skills and performance and looked forward to a positive succession of the company.
 
“Steve has great skills in this industry and has done a fabulous job for Kaiser so far,” Kaiser said. “I am confident that our new leadership will continue to promote company growth, while carrying on our reputation for quality, honest service.”
 
Kaiser based in Fenton, MO, has been providing electrical contracting and engineering services to the St. Louis metro area for more than 56 years. The company focuses primarily on industrial, commercial, healthcare and communications projects and employs on average 150 field electricians.Kaiser has a branch office in Granite City, IL.
 

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