Posted on March 23, 2026
Great Lakes Dredge & Dock Corporation reported that David J. Johanson, Senior Vice President, Project Acquisition and Operations, will retire effective March 27, 2026. He has held a key leadership role overseeing project acquisition and operations for the company.
The company and Mr. Johanson are expected to enter into a retirement agreement under which he will receive continued vesting of his equity awards. This indicates his existing stock-based compensation will continue to vest over time following his retirement, rather than ending immediately.
