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Posted 12 December, 2023

Willdan Group, Inc. appointed Michael A. Bieber as new CEO

Nasdaq:WLDN appointed new Chief Executive Officer Michael A. Bieber in a 8-K filed on 12 December, 2023.


  On December 8, 2023, the Board appointed Michael A. Bieber, the Company's current President, as President and Chief Executive Officer of the Company, effective as of December 30, 2023.  

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Overview of Willdan Group, Inc.
Business/Consumer Services • Technical Services
Willdan Group, Inc. engages in the provision of technical and consulting services. It operates through the Energy and the Engineering and Consulting segments. The Energy segment offers energy and sustainability consulting services to utilities, public agencies and private industry. The Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering office management, city planning, civil design, geotechnical, material testing and other engineering consulting services. The company was founded in May 1964 and is headquartered in Anaheim, CA.
Market Cap
$337M
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Willdan Group, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On December 8, 2023, Thomas D. Brisbin informed the Board of Directors (the "Board") of Willdan Group, Inc. (the "Company") of his intention to retire and resign as Chief Executive Officer of the Company, effective December 29, 2023. Dr. Brisbin will continue his service as Chairman of the Board after December 29, 2023.


On December 8, 2023, the Board appointed Michael A. Bieber, the Company's current President, as President and Chief Executive Officer of the Company, effective as of December 30, 2023. Additionally, on December 8, 2023, the Board increased the size of the Board from seven to eight members and appointed Mr. Bieber to the Board to fill the newly created vacancy and to serve until the 2024 annual meeting of stockholders and until his successor has been duly elected and qualified or until his earlier resignation or removal, in each case effective December 30, 2023.


A description of Mr. Bieber's background and compensatory arrangements is available in the Company's Proxy Statement filed with the Securities and Exchange Commission on April 27, 2023 and is incorporated by reference herein. On December 8, 2023, the Compensation Committee of the Board and the Board approved an increase to Mr. Bieber's base cash salary to $525,000 per year, effective December 30, 2023.


In connection with the management transition described above, the Company expects to enter a consulting agreement with Dr. Brisbin on the terms and conditions to be approved by Board and the Audit Committee of the Board.