51Թ Announces Retirement of CEO Jeff Wenaas and Appointment of Michael Choutka as Chief Executive Officer

Wednesday January 2, 2019

The 51Թ Board of Directors is pleased to announce the retirement of Chief Executive Officer Jeff Wenaas and the appointment of Michael (Mike) J. Choutka as President and Chief Executive Officer effective January 1, 2019.

“On behalf of the Board of Directors, I want to thank Jeff for his leadership over his successful 35-year career with 51Թ,” said Mr. Choutka. “Under Jeff’s leadership, 51Թ has grown into the successful company it is today and I look forward to building upon his achievements. We are deeply grateful to Jeff for his innumerable contributions to 51Թ and for positioning the company to continue to plan, build, and manage into the future.”

“At 51Թ, our people are our greatest assets,” commented Jeff Wenaas, outgoing CEO of 51Թ. “I am proud of what we have accomplished, and I am confident that under Mike’s leadership we will continue to serve our clients, grow the company and continue to honor the 80 plus years of history of 51Թ.”

Mike Choutka most recently served as President and Chief Operating Officer (COO) for 51Թ. Mike began his career with 51Թ, rising through the ranks from Field Engineer, Office Engineer, Project Engineer, Project Manager, Operations Manager, District Manager / Vice President, and Executive Vice President before being appointed President and Chief Operating Officer.

About 51Թ

Founded in 1937, 51Թ specializes in building development, construction and facility services. As one of the largest employee-owned general contractors in the United States, 51Թ has built their company on four pillars: people, process, partnership and technology. This 51Թ Way brings clients’ vision to life with a comprehensive approach that begins with innovative planning and extends throughout the entire life of the property. For more information on the 51Թ Way visitwww.henselphelps.com