R.D. Olson Construction Appoints Bill Wilhelm as President
Thursday May 22nd, 2014 - 12:48PM H
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Irvine, CA—R.D, Olson, based here, has appointed Bill Wilhelm as President. In his new role, Wilhelm will be responsible for overseeing the company’s growing hotel construction business and continuing expansion in healthcare and multi-unit projects.
“Bill’s proven leadership contributions to the company over the past 20 years have helped solidify our firm’s position in the building industry,” said Bob Olson, founder and CEO of R.D. Olson Construction. “His knowledge in the technical details of building complicated projects and his managerial acumen make him the ideal person to lead this company as we embark on new growth opportunities.”
The company added that Wilhelm’s appointment comes at a time of increased activity for R.D. Olson Construction, which is projecting a sharp increase in revenue for the next fiscal year.
Wilhelm previously served as EVP and has been a partner in the company for the past 10 years. He has a 35-year background in construction and senior management, and as president will be responsible for day-to-day revenue and profitability, project deliverability and overall company strategic direction.
Olson retains his role as CEO and remains active in shaping and implementing the company’s vision. In fact, the company has allocated more than $2 billion in construction projects and has recently broke ground on the 221-room Courtyard by Marriott in Anaheim, CA. It is also scheduled to break ground later this month on the Bicycle Casino Hotel & Gaming facility in Bell Gardens, CA. Additionally, R.D. Olson is under construction on the Glenbrook Skilled Nursing Facility in Carlsbad, CA, and additional phases of the Westin Desert Willow Timeshare located in Palm Desert, CA.
“Our culture is what drives the company,” said Wilhelm. “I’ve been immersed in the R.D. Olson Construction culture and surrounded by R.D. Olson people who are committed to a high standard of excellence. Being afforded the opportunity to build on the foundation of our company is both exciting and rewarding."
Tags: R.D. Olson • Bill Wilhelm • • Hospitality • Ownership •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.