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McShane Construction’s Jeff Raday Stepping Down

After serving as president of McShane Construction Company for 22 years, Jeff Raday will retire at the end of the year. Upon Raday’s retirement from the firm, Mat Dougherty, EVP at Rosemont, IL-based McShane, will transition into the president’s role.
“We have been planning this transition for quite some time,” said Raday. “I’m very excited to see what the future holds for McShane Construction under Mat’s leadership.”

Raday joined the firm in October 1996 as VP and was promoted to president in March 1998. He has guided the firm’s growth into one of the nation’s leading construction organizations.

Under Raday’s leadership, the firm broadened its project portfolio and diversified geographically, expanding into new markets across the country. He led the establishment of the firm’s four regional offices in Phoenix; Irvine, CA; Auburn, AL; and Madison, WI, and has grown the business’ annual revenue from $60 million to $600 million.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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