2019 Corporate Responsibility Report
Quanta Services has been built on a history of strong, innovative and entrepreneurial leaders.
As society becomes more connected, there is an increasing need for reliable, physical, social and environmental infrastructure. While working to meet these evolving infrastructure needs, we focus on the interests of our stakeholders, including our employees, our customers and the communities where we live and work. We believe that by giving back to our people and the world around us, we continue to think differently, evolve and grow as an operationally sustainable company.
Earl C. "Duke" Austin, Jr.
Derrick A. Jensen
Paul Gregory
Donald Wayne
Jayshree Desai
Redgie Probst
Doyle N. Beneby
J. Michal Conaway
Vincent D. Foster
Bernard Fried
Worthing F. Jackman
David M. McClanahan
Margaret B. Shannon
Pat Wood, III
Martha B. Wyrsch
Earl C. (Duke) Austin, Jr.
President, Chief Executive Officer and Chief Operating Officer
Earl C. “Duke” Austin, Jr., is president, CEO and COO of Quanta Services, a recognized leader driving the operations of the largest specialized contractor serving electric power, pipeline, industrial and communications customers in North America.
Quanta Services is a Fortune 300 company with more than $11 Billion in revenue and 39,000 plus employees worldwide. Austin has played a fundamental role in Quanta's significant growth in its key markets, including strategic development of the company's capabilities in assessment, planning, engineering and design, procurement, construction, commissioning, testing, operations and management of critical infrastructure systems.
Austin served as chief operating officer and served as president of Quanta's Electric Power and Natural Gas and Pipeline Divisions before assuming the chief executive officer role. Austin initially joined the Quanta executive team in 2009 to lead the company's expanding pipeline operations.
Before joining Quanta Services, Austin served as president of North Houston Pole Line, LP, a Quanta operating unit. He was instrumental in the strategic growth of the Texas-based unit, which delivers a full range of electric power, gas and telecommunication utility infrastructure services to customers throughout the region
Austin serves on the CEO Roundtable, the board of the Southwest Line Chapter of the National Electrical Contractors Association, as well as the Junior Achievement board of Southeast Texas (JASET), and the executive committee for the Greater Houston Partnership (GHP). He also serves on the Texas State University System Board of Regents.
Austin is a graduate of Sam Houston State University, where he received his B.S. in Business Management/Accounting. In 2016, Austin received the Sam Houston State University Distinguished Alumni Award. Austin resides in Houston with his wife, three sons and one daughter.
Derrick A. Jensen
Chief Financial Officer
Prior to taking on his current responsibilities in May 2012, Jensen served as senior vice president of finance and administration and chief accounting officer with oversight of the company's finance and accounting, treasury, IT and risk management functions.
Jensen also had a significant role in the company's acquisition and integration strategies and the development of integrated business and information system processes.
Throughout his 15-year tenure at the company, Jensen had increasing financial and accounting responsibilities. He joined Quanta in 1997 as controller, a title he held until 2009. He added the roles of vice president and chief accounting officer in 1999. Before joining Quanta, Jensen obtained his public accountant certification (CPA) and was a manager at Arthur Andersen LLP where he served primarily commercial clients, many of which were highly acquisitive.
Jensen earned a Bachelor of Science in business administration with a major in accounting from Oklahoma State University in 1992.
Paul Gregory
President, Pipeline and Industrial and Chief Strategy Officer
As president, pipeline and industrial, of Quanta Services, Paul Gregory works with the corporate management team in all areas of pipeline and industrial operations and overall strategy.
Gregory began his career in the construction of pipelines and related facilities in 1989 with Gregory & Cook, Inc. He has direct field and management level experience in all facets of pipeline construction. In 1997, Gregory, along with long-time members of Gregory & Cook's management, formed Gregory & Cook Construction, Inc., where he served as President & CEO for over ten years. In 2008, the company was combined with H.C. Price to form Price Gregory International, which is now Quanta Services' largest transmission pipeline division.
Gregory holds a Bachelor of Business Administration and a Master of Business Administration, both from the University of Texas, Austin. He is an active member of the Pipeline Contractors Association, serving as president of the Board of Directors and on the Labor Committee.
Donald Wayne
EVP, General Counsel
As Executive Vice President and General Counsel, Donald Wayne oversees the legal function of the company. He has 25 years of legal experience, including 20 years serving as General Counsel of companies with a focus on energy and construction.
Prior to joining Quanta, Wayne served as Senior Vice President, General Counsel and Corporate Secretary for Archrock, Inc. and its predecessor companies, Exterran Holdings, Inc. and Universal Compression Holdings, Inc., a publicly traded provider of oilfield services, EPC services and oil and gas production equipment, from 2006 through 2017. During that time, he also served as Senior Vice President and General Counsel of the managing general partner of a master limited partnership controlled by Archrock and its predecessor companies, and as a director of the publicly traded managing general partner from 2015 through 2017. Wayne also previously served as Vice President and General Counsel of U.S. Concrete, Inc., a publicly traded provider of ready-mixed concrete and related products and services, from 1999 to 2006. Prior to joining U.S. Concrete, he served as an attorney with the law firm of Akin, Gump, Strauss, Hauer & Feld, L.L.P.
Wayne is a graduate of Tufts University and completed his Master of Business Administration and Juris Doctorate at Washington University.
Jayshree Desai
Chief Corporate Development Officer
Prior to joining Quanta, Desai was president of ConnectGen LLC, a private-equity backed developer of utility-scale wind energy, solar energy and battery storage projects. From 2010 to 2018, she was the Chief Operating Officer of Clean Line Energy Partners LLC, an independent developer of high voltage transmission lines to bring renewable energy to market. Before Clean Line, Desai served as the Chief Financial Officer of EDP Renewables North America (EDPR NA), where she co-led the company through multiple recapitalizations, including the sale of EDPR NA's predecessor company to the Goldman Sachs Group, Inc., the subsequent sale in 2007 to Energias de Portugal for $2.7 billion and the $2.4 billion initial public offering of EDP's renewable energy subsidiary in 2008. Desai began her career as a business analyst at McKinsey & Company and then as a director of corporate development at Enron Corporation.
Desai currently serves as a director on the board of TPI Composites, Inc, the world's largest independent manufacturer of wind turbine blades. She is active on the executive board of KIPP Texas, an organization of public charter schools.
Desai holds a Master's of Business Administration from the Wharton School of the University of Pennsylvania and a Bachelor's of Business Administration from the University of Texas at Austin.
Redgie Probst
President, Electric Power
Redgie Probst has served as President, Electric Power for Quanta Services since March 2019. He previously served as Senior Vice President, Electric Power from May 2018 to March 2019, focusing on Quanta's electric power operations and corporate strategies across North America.
Before that, he served as Regional Vice President, Electric Power from 2016 until May 2018. He also served as President and Chief Executive Officer of Probst Electric Inc., which he founded in 2004, and Summit Line Construction, which he founded in 2008.
Both companies were acquired by Quanta in November 2013. His responsibilities as CEO of Probst and Summit included the oversight of all business strategy and operations matters.
Doyle N. Beneby
Board of Directors
Experience
Mr. Beneby has been a member of the Board since March 2016. Mr. Beneby has served as President and Chief Executive Officer of Midland Cogeneration Venture, a natural gas-fired combined electrical and energy generating plant located in the United States, since November 2018. He previously served as the Chief Executive Officer of New Generation Power International from October 2015 until May 2016 and as President and Chief Executive Officer of CPS Energy from August 2010 until September 2015. Mr. Beneby has served as a director of Korn/Ferry International since September 2015 and as a director of Capital Power Corp. since May 2012. Mr. Beneby holds a Bachelor of Science degree in Engineering and a Master of Business Administration degree.
Qualifications
The Board believes Mr. Beneby’s qualifications to serve on the Board include his extensive executive-level experience at a municipal electric and gas utility and his service as a chief executive officer and director of other public companies, as well as his operational, safety and financial expertise and knowledge of the industries Quanta serves.
J. Michal Conaway
Board of Directors
Experience
Mr. Conaway has been a member of the Board since August 2007. Mr. Conaway has provided consulting and advisory services since 2000 and previously served as the Chief Executive Officer of Peregrine Group, LLC, an executive consulting firm, from 2002 to 2016. Prior to 2000, Mr. Conaway held various management and executive positions, including serving as Chief Financial Officer of Fluor Corporation, an engineering, procurement, construction and maintenance services provider. Mr. Conaway previously served as a director of GT Advanced Technologies, Inc., formerly known as GT Solar International, Inc., from 2008 until March 2016. Mr. Conaway holds a Master of Business Administration degree.
Qualifications
The Board believes Mr. Conaway’s qualifications to serve on the Board include his prior service as the chief financial officer of multiple public corporations, including those within Quanta’s line of business, his years of service on boards of other public and private companies, his extensive financial and accounting expertise, and his advisory experience in strategic, operational and financial matters.
Vincent D. Foster
Board of Directors
Experience
Mr. Foster has been a member of the Board since 1998. He has served as Chairman of the Board of Main Street Capital Corporation, a specialty investment company, since March 2007 and as Senior Managing Director of Main Street Capital Partners, LLC (and its predecessor firms), a private investment firm, since 1997. He also served as Chief Executive Officer of Main Street Capital Corporation from March 2007 until November 2018. Mr. Foster previously served as a director of Team Industrial Services, Inc. from 2005 until July 2017, U.S. Concrete, Inc. from 1999 to 2010, Carriage Services, Inc. from 1999 to 2011 and HMS Income Fund, Inc. from June 2012 to March 2013. Mr. Foster holds a Juris Doctor degree and is a Certified Public Accountant.
Qualifications
The Board believes Mr. Foster’s qualifications to serve on the Board include his significant contributions and service to Quanta since its inception, his experience as chief executive officer of a public corporation, his many years of service on boards of other public companies and his extensive tax, accounting, merger and acquisitions, financial and corporate governance expertise.
Bernard Fried
Board of Directors
Experience
Mr. Fried has been a member of the Board since March 2004. He has served as Principal of BF Consulting, a provider of management consulting services, since September 2011, and previously served as Chief Executive Officer and as a director of Plastikon Industries, Inc., a plastics manufacturing company, from April 2016 to September 2017. Mr. Fried also previously served as the Executive Chairman of OpTerra Energy Group, an energy conservation measures services provider, from June 2012 to February 2016, and as the Executive Chairman of Energy Solutions International, a software provider to the pipeline industry, from March 2011 to May 2015. Mr. Fried also served as Chief Executive Officer and President of Siterra Corporation, a software services provider, from May 2005 to March 2011, as Chief Executive Officer and President of Citadon, Inc., a software services provider, from 2001 until November 2003, and as Chief Financial Officer and Managing Director of Bechtel Enterprises, Inc. from 1997 until 2000. Mr. Fried holds a Bachelor of Engineering degree and a Master of Business Administration degree.
Qualifications
The Board believes Mr. Fried’s qualifications to serve on the Board include his executive management experience, including at companies within Quanta’s line of business, his prior service on company boards, and his extensive executive-level experience in operations, engineering, construction, project management, finance and international business.
Worthing F. Jackman
Board of Directors
Experience
Mr. Jackman has been a member of the Board since May 2005. He has served as Chief Executive Officer of Waste Connections, Inc., an integrated solid waste services company, since July 2019 and as President of Waste Connections, Inc. since July 2018. He previously served as Executive Vice President and Chief Financial Officer from September 2004 until July 2018 and as Vice President - Finance and Investor Relations from April 2003 until August 2004. From 1991 until April 2003, Mr. Jackman held various positions with Deutsche Bank Securities, Inc., an investment banking firm, most recently serving as Managing Director, Global Industrial and Environmental Services Group. Mr. Jackman holds a Bachelor of Science degree in Business Administration – Finance and a Master of Business Administration degree.
Qualifications
The Board believes Mr. Jackman’s qualifications to serve on the Board include his experience as the president and chief financial officer of a public corporation and his investment banking experience, as well as his extensive financial and accounting expertise.
David M. McClanahan
Board of Directors
Experience
Mr. McClanahan has been a member of the Board since March 2016 and Chairman of the Board since May 2017. He previously served as President and Chief Executive Officer of CenterPoint Energy, Inc. from October 2002 until December 2013 and as Special Advisor to the Chief Executive Officer of CenterPoint Energy, Inc. from January 2014 until July 2014. From 1999 until 2002, Mr. McClanahan served as President and Chief Operating Officer of all regulated operations for Reliant Energy, Inc. He also previously served as a director of CenterPoint Energy, Inc. from 2002 until 2013. Mr. McClanahan holds a Bachelor of Arts degree in Mathematics and a Master of Business Administration degree and is a Certified Public Accountant.
Qualifications
The Board believes Mr. McClanahan’s qualifications to serve on the Board include his extensive experience, including as a chief executive officer of a public company in the electric power and natural gas industries and his prior service on the board of a public company, as well as his technical expertise and knowledge of the industries Quanta serves and his financial and accounting expertise.
Margaret B. Shannon
Board of Directors
Experience
Ms. Shannon has been a member of the Board since December 2012. She served as Vice President and General Counsel of BJ Services Company, an international oilfield services company, from 1994 to 2010, when it was acquired by Baker Hughes Incorporated. Prior to 1994, she was a partner with the law firm of Andrews Kurth LLP. Ms. Shannon served on the board of directors of Matador Resources Company, an exploration and production company, from June 2011 to December 2016. In addition, she has been active in several not-for-profit organizations in Houston. Ms. Shannon holds a Bachelor of Arts degree and a Juris Doctor degree.
Qualifications
The Board believes Ms. Shannon’s qualifications to serve on the Board include her vast experience in the energy industry, as well as in corporate governance, and her years of service on boards of other public and private companies.
Pat Wood, III
Board of Directors
Experience
Mr. Wood has been a member of the Board since May 2006. He has served as President of Hunt Energy Enterprises BEE Network, an energy storage development company, since February 2019 and as Principal of Wood3 Resources, an energy infrastructure developer, since July 2005. From 2001 until July 2005, Mr. Wood served as Chairman of the Federal Energy Regulatory Commission, and from 1995 until 2001, he chaired the Public Utility Commission of Texas. Prior to 1995, Mr. Wood was an attorney with Baker Botts L.L.P. and an associate project engineer with Arco Indonesia, an oil and gas company, in Jakarta. Mr. Wood has served as a director of SunPower Corporation since 2005. He previously served as non-executive chairman of the board of directors of Dynegy, Inc. from October 2012 until April 2018 and as a director of Memorial Resource Development from June 2014 until September 2016. Mr. Wood holds a Bachelor of Science degree in Civil Engineering and a Juris Doctor degree.
Qualifications
The Board believes Mr. Wood’s qualifications to serve on the Board include his significant strategic and operational management experience, his unique perspective and extensive knowledge with regard to the legal and regulatory process and policy development at the government level, his years of service as a director of other public and private companies, and his energy infrastructure development expertise.
Martha B. Wyrsch
Board of Directors
Experience
Ms. Wyrsch has been a member of the Board since October 2019. She previously served as Executive Vice President and General Counsel of Sempra Energy, an energy infrastructure and services company with operations in the United States and internationally, from September 2013 until March 2019, where she oversaw legal and compliance matters. She also previously served as President – North America of Vestas American Wind Technology, a wind turbine services company, from 2009 until 2012, where she had direct responsibility for North American sales, construction, services and maintenance. From 2007 until 2008 she served as President and Chief Executive Officer of Spectra Energy Transmission, a natural gas transmission and storage business in the United States and Canada, and from 1999 through 2007, she served in various roles of increasing responsibility with Duke Energy Corporation, including as President and Chief Executive Officer, Gas Transmission from 2005 until 2007. Ms. Wyrsch has served as a director of First American Financial Corporation, a publicly traded financial services company, since 2018 and as a director of Spectris plc, a provider of specialty instrumentation and controls that is listed on the London Stock Exchange, since 2012. Ms. Wyrsch holds a Bachelor of Arts degree and a Juris Doctor degree.
Qualifications
Ms. Wyrsch qualifications to serve on the Board include her experience as an executive officer of large, publicly traded utility and energy companies and her experience serving as a public company director.