CFO: Greg Williams

by Arkansas Business Staff  on Monday, Oct. 26, 2009 12:00 am  

Greg Williams

Chief Financial Officer

Nabholz Construction Corp.



While attending the University of Arkansas at Fayetteville, Greg Williams realized that companies needed accountants.

"So I decided to take that route," Williams said.

After receiving his accounting degree in 1983, Williams went to work for the CPA firm that is now Deloitte & Touche in Little Rock. He left there to work at a bank and a nuclear power plant before a friend called and said Nabholz Construction Corp. in Conway was looking for a controller. Williams jumped at the chance and was hired in May 1991.

Nabholz offers construction services to a variety of clients across the state, including schools and hospitals. In fiscal years that ended in 2007 and 2008, Nabholz's revenue has been just over $430 million. But for its fiscal year that ended Sept. 30, revenue is projected to be about $450 million, the highest in its history, Williams said.

Williams said one of his proudest accomplishments as CFO has been helping improve the health of the about 900 employees.

Health insurance claims had been rising "at an unsustainable pace," Williams said. To curb those costs, Williams helped launch a wellness program in January 2007. Since then, some employees have quit using tobacco and others have dropped 50 pounds. And blood tests have found some employees had undiagnosed diabetes.

Williams said Nabholz, which is self-insured, has seen its average claims drop. And he credits the wellness program for the decline. 



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