GLDD Appoints New Senior Executive

Press Release
Monday, August 20, 2012

Great Lakes Dredge & Dock Corporation (GLDD) appoint Bill Steckel Senior Vice President & Chief Financial Officer.

Mr. Steckel brings nearly 30 years of financial and operating management experience in public and private companies. Bruce Biemeck, who has served as President and CFO since September 2010, will remain as President and Chief Operating Officer of the Company. Mr. Steckel will report to Chief Executive Officer Jonathan Berger.

Bill Steckel's background includes success in increasingly responsible financial positions, where he dealt with the full spectrum of financial and operating responsibilities including SEC reporting, financial planning, restructuring, taxes, IT, acquisitions, international operations, capital formation and strategic planning.

Bruce Biemeck said, "This move is intended to broaden Great Lakes' executive and financial management teams, as the Company increases its reach into new markets and works to achieve the growth and diversification targets established in our strategic plan. As we have grown and challenged our management teams, it has become clear we need to add demonstrated leadership and we are very pleased Bill is joining our team. I welcome Bill and look forward to working with him on the challenges ahead."

Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and the only U.S. dredging company with significant international operations. The Company is also one of the largest U.S. providers of commercial and industrial demolition services primarily in the Northeast.


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