{"id":826016,"date":"2025-03-14T16:29:06","date_gmt":"2025-03-14T20:29:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/"},"modified":"2025-03-14T16:29:06","modified_gmt":"2025-03-14T20:29:06","slug":"sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/","title":{"rendered":"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">THE WOODLANDS, Texas<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 14, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Sterling Infrastructure, Inc. (NasdaqGS: STRL) (&#8220;Sterling&#8221; or &#8220;the Company&#8221;) today announced the appointment of <span class=\"xn-person\">Ronald A. Ballschmiede<\/span>, the Company&#8217;s Executive Vice President, as Sterling&#8217;s interim Principal Financial Officer and Principal Accounting Officer, effective <span class=\"xn-chron\">March 14<\/span><sup>th<\/sup>.\u00a0 Mr. Ballschmiede assumes this position following the departure of <span class=\"xn-person\">Sharon Villaverde<\/span> to pursue other opportunities. Mr. Ballschmiede served as Sterling&#8217;s Chief Financial Officer and Chief Accounting Officer from <span class=\"xn-chron\">November 2015<\/span> to <span class=\"xn-chron\">May 2024<\/span>, and has held the role of Executive Vice President from 2015 through the present. The Company has initiated a formal search process to identify a permanent Chief Financial Officer.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2257843\/Sterling_Infrastructure__logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2257843\/Sterling_Infrastructure__logo.jpg\" title=\"Sterling Infrastructure, Inc. (PRNewsfoto\/Sterling Infrastructure, Inc.)\" alt=\"Sterling Infrastructure, Inc. (PRNewsfoto\/Sterling Infrastructure, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CEO Remarks\u00a0<br \/><\/b>&#8220;I would like to thank Sharon for her contributions to Sterling over the past year and wish her all the best in her future endeavors,&#8221; stated <span class=\"xn-person\">Joe Cutillo<\/span>, Sterling&#8217;s Chief Executive Officer. &#8220;We are very pleased that Ron can seamlessly resume the CFO role during the transition period. We remain as confident as ever in the opportunities ahead of us and our team&#8217;s ability to execute at a high level,&#8221; Mr. Cutillo concluded.<\/p>\n<p>\n        <b>About Sterling\u00a0<br \/><\/b>Sterling operates through a variety of subsidiaries within three segments specializing in E-Infrastructure, Transportation and Building Solutions in <span class=\"xn-location\">the United States<\/span>, primarily across the Southern, Northeastern, Mid-Atlantic and Rocky Mountain regions and the Pacific Islands. E-Infrastructure Solutions provides advanced, large-scale site development services for manufacturing, data centers, large scale distribution centers, warehousing, power generation and more. Transportation Solutions includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail and storm drainage systems. Building Solutions includes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work, plumbing services, and surveys for new single-family residential builds. From strategy to operations, we are committed to sustainability by operating responsibly to safeguard and improve society&#8217;s quality of life. Caring for our people and our communities, our customers and our investors \u2013 that is The Sterling Way.<\/p>\n<p class=\"prntac\">\n        <i><br \/>\n          <span class=\"xn-person\">Joe Cutillo<\/span>, CEO, &#8220;We build and service the infrastructure that enables our economy to run, <br \/>our people to move and our country to grow.&#8221;<\/i>\n      <\/p>\n<p>\n        <b>Sterling Infrastructure Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Noelle Dilts<\/span>, VP of Investor Relations and Corporate Strategy<br \/>281-214-0795<br \/><a href=\"mailto:noelle.dilts@strlco.com\" target=\"_blank\" rel=\"nofollow\">noelle.dilts@strlco.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA41732&amp;sd=2025-03-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer-302402202.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer-302402202.html<\/a><\/p>\n<p>SOURCE  Sterling Infrastructure, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA41732&amp;Transmission_Id=202503141615PR_NEWS_USPR_____DA41732&amp;DateId=20250314\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire THE WOODLANDS, Texas , March 14, 2025 \/PRNewswire\/ &#8212; Sterling Infrastructure, Inc. (NasdaqGS: STRL) (&#8220;Sterling&#8221; or &#8220;the Company&#8221;) today announced the appointment of Ronald A. Ballschmiede, the Company&#8217;s Executive Vice President, as Sterling&#8217;s interim Principal Financial Officer and Principal Accounting Officer, effective March 14th.\u00a0 Mr. Ballschmiede assumes this position following the departure of Sharon Villaverde to pursue other opportunities. Mr. Ballschmiede served as Sterling&#8217;s Chief Financial Officer and Chief Accounting Officer from November 2015 to May 2024, and has held the role of Executive Vice President from 2015 through the present. The Company has initiated a formal search process to identify a permanent Chief Financial Officer. CEO Remarks\u00a0&#8220;I would like to thank Sharon for her contributions to Sterling &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-826016","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire THE WOODLANDS, Texas , March 14, 2025 \/PRNewswire\/ &#8212; Sterling Infrastructure, Inc. (NasdaqGS: STRL) (&#8220;Sterling&#8221; or &#8220;the Company&#8221;) today announced the appointment of Ronald A. Ballschmiede, the Company&#8217;s Executive Vice President, as Sterling&#8217;s interim Principal Financial Officer and Principal Accounting Officer, effective March 14th.\u00a0 Mr. Ballschmiede assumes this position following the departure of Sharon Villaverde to pursue other opportunities. Mr. Ballschmiede served as Sterling&#8217;s Chief Financial Officer and Chief Accounting Officer from November 2015 to May 2024, and has held the role of Executive Vice President from 2015 through the present. The Company has initiated a formal search process to identify a permanent Chief Financial Officer. CEO Remarks\u00a0&#8220;I would like to thank Sharon for her contributions to Sterling &hellip; Continue reading &quot;Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-14T20:29:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2257843\/Sterling_Infrastructure__logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer\",\"datePublished\":\"2025-03-14T20:29:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/\"},\"wordCount\":400,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2257843\\\/Sterling_Infrastructure__logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\\\/\",\"name\":\"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer - 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(NasdaqGS: STRL) (&#8220;Sterling&#8221; or &#8220;the Company&#8221;) today announced the appointment of Ronald A. Ballschmiede, the Company&#8217;s Executive Vice President, as Sterling&#8217;s interim Principal Financial Officer and Principal Accounting Officer, effective March 14th.\u00a0 Mr. Ballschmiede assumes this position following the departure of Sharon Villaverde to pursue other opportunities. Mr. Ballschmiede served as Sterling&#8217;s Chief Financial Officer and Chief Accounting Officer from November 2015 to May 2024, and has held the role of Executive Vice President from 2015 through the present. The Company has initiated a formal search process to identify a permanent Chief Financial Officer. CEO Remarks\u00a0&#8220;I would like to thank Sharon for her contributions to Sterling &hellip; Continue reading \"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-14T20:29:06+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2257843\/Sterling_Infrastructure__logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer","datePublished":"2025-03-14T20:29:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/"},"wordCount":400,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2257843\/Sterling_Infrastructure__logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-announces-the-appointment-of-ronald-ballschmiede-as-interim-chief-financial-officer-and-the-departure-of-sharon-villaverde-as-chief-financial-officer\/","name":"Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer - 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