Stout Named Chairman and Chief Executive Officer
March 17, 2008
 (Harrisburg, Pa.) William M. Stout, P.E., was recently named chairman of the board and chief executive officer of Gannett Fleming, an international planning, design, and construction management firm. Stout succeeds Ronald J. Drnevich, P.E., who retired in January 2008.
Based at the firm’s corporate headquarters in Harrisburg, Pa., Stout is responsible for all Gannett Fleming and subsidiary and affiliated company operations. Previously, he served as president of the firm’s Valuation and Rate Division and director of the Administrative Division. He has been a member of Gannett Fleming’s parent company board of directors since 1996.
Stout began his career with Gannett Fleming nearly 35 years ago as a valuation engineer responsible for conducting studies related to utility plant depreciation and cost of service, as well as extensive service life studies for clients such as Union Pacific Railroad and Burlington Northern Santa Fe Corporation. He has appeared as an expert witness in more than 120 proceedings related to utility regulation and tax litigation.
“Our mission at Gannett Fleming is to amaze our clients with our responsiveness and innovation,” stated Stout. “When we do that, society benefits from better roads and bridges, cleaner land and water, greener buildings, and improved technologies for managing these assets. I feel very privileged to lead an organization that plays such an integral role in improving the quality of life of our ultimate customers.”
Stout holds a bachelor of science in management engineering from Rensselaer Polytechnic Institute. He is a registered professional engineer in Pennsylvania.
Active in professional associations, Stout is a member of the National Society of Professional Engineers, Pennsylvania Society of Professional Engineers, Institute of Industrial Engineers, and is a former president of the Society of Depreciation Professionals. He is also a member of the Design Professionals Coalition, the Construction Industry Round Table, the American Council of Engineering Companies (ACEC) Institute for Business Management, and serves as a member of ACEC of Pennsylvania’s Business Practices Committee.
For more information, please contact Judy L. Hricak at (717) 763-7211, ext. 2624 or via e-mail.
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