Posted on March 30, 2026
Brian Waterfield Named Colonna’s Shipyard Inc.’s Next Chief Financial Officer
NORFOLK, Va. (March 26, 2026) — Colonna’s Shipyard, Inc. announced today that Brian Waterfield has been appointed Chief Financial Officer (CFO), effective March 30, 2026. Waterfield will oversee the company’s accounting function and support enterprise financial strategy, bringing deep experience in financial auditing and advisory work, particularly within the government contracting sector.
Waterfield joins Colonna’s Shipyard after more than nine years with Binder Dijker Otte, (BDO), most recently serving as an Assurance Director in the firm’s Norfolk office. In that role, he advised middle-market organizations across multiple industries, with a primary focus on government contracting, nonprofit organizations, and construction, and led engagement teams delivering financial statement audits and reviews. He also regularly advised executive leadership and boards on internal controls, emerging accounting standards, industry trends, and financial analysis.
“Brian’s background in financial assurance and his expertise in the government contracting space will be a strong asset as we continue to support our customers and invest in the future,” said Randall Crutchfield, chairman & Chief Executive Officer, Colonna’s Shipyard. “We’re excited to welcome him to the team.”
A Hampton Roads native, Waterfield has served clients ranging from local nonprofit organizations to multinational corporations, across ownership structures including private equity-backed companies, ESOPs, closely held businesses, and family-owned enterprises.
Waterfield is also active in the community. He serves on the Finance Committee for the Elizabeth River Trail Foundation and is a member of the Board of Directors for Junior Achievement of Greater Hampton Roads.
He holds a Master of Accounting and a Bachelor of Business Administration in Finance from The College of William & Mary and is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.
About Colonna’s Shipyard, Inc.
Founded in 1875, Colonna’s Shipyard, Inc. (CSI) is the oldest continuously operating private shipyard in the United States. CSI specializes in ship repair, conversion, and fabrication services for commercial and government clients. With a reputation for innovation and excellence, CSI remains a trusted leader in the maritime industry, committed to the highest standards of safety, quality, and performance. The company’s continued investment in its facilities, workforce, and community ensures it can meet the evolving needs of the global maritime sector. www.colonnaship.com
