Dive summary:

• East Coast contractor PC Construction will have a new president April 1, when Kevin McCarthy will replace CEO and President Peter Bernhardt as he moves into being chairman of the board of the employee-owned company.
• PC, which is headquartered in South Burlington, Vt., and has offices in North Carolina and Maine, is owned by its 800 employees and has an annual average of $450 million in business over the past five years.
• McCarthy, currently executive vice president, has been with PC since 1998 and will be the third top leader when Bernhardt, who has been with PC for 37 years, gives up day-to-day direction.

From the article:

McCarthy joined PC Construction as vice president with more than 17 years of estimating, project management and executive oversight experience in the construction industry. ...