CDI Contractors LLC of Little Rock announced that President & CEO Lloyd Garrison is retiring and Vice President & Chief Operating Officer Mark Beach has been named the construction firm's next leader.
Garrison has been with the construction firm for more than three decades, serving as CEO since 2009. He'll remain with the company as chairman for a period of time.
The company's projects during his tenure include the Clinton Presidential Center & Park, Heifer International World Headquarters and the UAMS Winthrop P. Rockefeller Cancer Institute. Garrison was particularly proud of the expansion of the north end zone at Razorback Stadium in Fayetteville, the company said in a news release.
Garrison said he was also proud of being the first person hired by CDI, which was founded in 1987.
"I truly believe we have developed the most dedicated and talented construction team in the region, and I am certain CDI is in truly capable hands," he said in the release.
Beach has been with CDI since 2009. As chief operating officer, he has led a restructuring of the company that includes the addition of a dedicated preconstructions services department, the addition of virtual design and construction staff and services, and a dedicated business development and marketing team.
Beach previously worked for Duke Realty of Dallas. He has more than 30 years of experience in the construction industry in Mississippi, Texas, and Arkansas.
"CDI remains best in class in the construction industry, and I am honored to work with our incredible team to continue this success," he said in the release. "I will continue to develop talent at CDI that sets us apart among the industry and takes us solidly into the future."
CDI is a wholly-owned subsidiary of Dillard’s Inc. of Little Rock that was originally founded with the sole purpose of constructing retail stores for the company. It ranks No. 6 on Arkansas Business' latest list of the state's largest commercial contractors. The company reported revenue of $155.7 million in 2021.
Recent projects include the University of Arkansas Institute for Integrative & Innovative Research, Ouachita Baptist University student housing, and Mountain Home waste water treatment plant improvements.