Electrical contracting company promotes from within following retirement announcements
SAN JOSE, CA – Rosendin announces new succession to the Executive Leadership
Team upon the 2025 retirement of two longstanding executives. Beginning in January 2024,
Keith Douglas will assume the role of Chief Executive Officer and join the Board of Directors as
Mike Greenawalt transitions to CEO Emeritus. Matt Hisaka will be named Chief Financial
Officer as Lorne Rundquist transitions to CFO Emeritus. The company is also announcing the
new Executive Vice President West Region, Angie Hart.
“The electrical contracting industry has undergone rapid transformation, and Rosendin’s
Executive Leadership Team has been instrumental to ensuring our company and people are at the
forefront of change,” said Mike Greenawalt, Rosendin CEO. “Keith Douglas will be leading the
charge to prepare for the next evolution in construction, and I am proud to pass the torch to such
a talented and respected leader.”
With over 30 years of experience, Douglas joined Rosendin as a Division Manager in
2012 to open the Mid-Atlantic operations as the Company expanded its national footprint into
the East. Under his leadership, operations in the region quickly grew as Rosendin became one of
the largest electrical contractors on the East Coast. Beginning in 2020, Douglas became the Chief
Operating Officer of the Eastern Region, serving on the Executive Leadership Team. Over the
next four years, he oversaw and grew operations at nine regional offices within Arizona, Nevada,
Texas, Tennessee, North Carolina, Virginia, and Maryland.
Hisaka will join the Executive Leadership Team after 12 years in Rosendin’s finance
team, serving most recently as Vice President and Chief Accounting Officer. In his new role,
Hisaka will lead initiatives to drive efficiency and support Rosendin’s Employee Stock
Ownership Plan. He will also continue as a Board Member for The Rosendin Foundation, which
he helped launch to support nonprofits nationwide.
Hart has been with Rosendin for 33 years, serving most recently as Senior Vice President.
She has grown the Company’s market reach and reputation as a top workplace in San Jose. Her
career at Rosendin began in 1990 when she took a job as a receptionist and carved her path to
leadership, mentoring, and inspiring women throughout the construction industry. In 2022, the
Silicon Valley Business Journal honored Hart as a Woman of Influence.
After collectively serving 57 years at Rosendin, Mike Greenawalt, CEO, and Lorne
Rundquist, CFO, will retire in January 2025. Greenawalt and Rundquist will remain on the
Executive Leadership Team through 2024, serving in Emeritus positions to ensure a smooth
transition to the new leaders.
Greenawalt will retire as CEO following a 21-year career at Rosendin and a 45-year
career in the electrical industry. He started as an electrical apprentice and joined Rosendin in
2002 as a Division Manager in the Arizona Office, to then Vice President of Operations. He
became a servant leader who embraced technology, amplified Rosendin’s safety culture, and
initiated cultural shifts to promote diversity, equity, and inclusiveness. Among his achievements,
Greenawalt helped champion the development of a pre-apprenticeship program with Grand
Canyon University, launched The Rosendin Foundation nonprofit, and successfully navigated the
Company through the coronavirus pandemic.
Rundquist will retire as CFO after more than 36 years of service at Rosendin. He became
the Vice President of Finance in 1992, later earning the title of CFO. Rundquist worked directly
with the Rosendin family (Ray and Lou) to establish Rosendin’s ESOP in 1993. He later led the deal to complete the purchase of the Company from the Rosendin family, making the ESOP fully
employee-owned in 2000, helping to create the platform that will continue to support the next
generation of employee-owners. In addition, Rundquist has been a strategic partner and industry
leader throughout his tenure, and his steady financial guidance has supported Rosendin’s growth
to the nearly $3B company it is today.
“Thanks to the dedication and focus of Rosendin’s Executive Leadership Team and
leaders throughout our organization like Mike Greenawalt and Lorne Rundquist, we have
retained our high standards and emerged from the pandemic stronger and well-positioned for a
new chapter of innovation,” said Keith Douglas, incoming CEO. “I am proud of the work we
have done and look forward to adopting new ideas and technologies that have the potential to
change the industry fundamentally.”
For more information, visit: www.rosendin.com.
