Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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
- ◦People