Graycor Taps New CEO, First Nonfamily Member To Hold Position

Graycor, a construction company based in the Chicago suburbs, promoted Dave Wing to CEO, the first chief executive outside the Gray family to hold the title in the firm's more than 100-year history.

Wing previously worked as president and chief operating officer of the Graycor family of companies. The Bradley University graduate joined Graycor as a project engineer in 1991 and has been promoted several times since.

“Dave has been responsible for creating a culture of servant leadership and growing the business through the growth of the people,” Graycor co-Chair Matthew Gray said in a press release. “In his new role, Dave will provide direction and leadership in Graycor’s next chapter while maintaining focus on our people, our performance excellence standards, and our ever-evolving client partnerships.”

Edward Gray founded the company in 1921, starting as Chicago Concrete Breaking Co. Matthew and Steven Gray, Edward's grandsons, now serve as the company's co-chairs.

Graycor prepared for the transition to Wing for several years, it said in the release.

“I look forward to continuing my commitment to creating environments that foster teamwork, collaboration, innovation, technical excellence and mentorship,” Wing said. “I'm proud to continue working with this organization that has helped me and so many others to build their careers over the past several decades.”

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job Sites

While Chicago Development Stalls, Fulton Market Keeps Building

AI Has Saved Time But Muddied Traffic Data For CRE Marketing Execs

The Crown Estate Unveils Nearly 170K SF Of West End Redevelopment

AI-Assisted Construction-Bid Startup Fields $4M Seed Investment

Amazon Close To Deal For Goose Island Warehouse: The Chicago Deal Sheet

'A Welcoming Destination': Arlington Heights, Illinois, Is Making Big Investments In Its Future

Oceanwide Plaza Sale Primed To Move Forward

Chicago Ranks No. 3 For AI Job Growth As Office Market Stands To Benefit