Suntec Concrete, one of the largest concrete contractors in the Western United States, recently announced the addition of Rick Kratz, CPA, as the company’s CFO. Kratz is a 30-year veteran of construction accounting, including having served the past 22 years as a Principal for the CPA firm of Pittman & Murdough, PLLC, who merged with Henry & Horne, LLP this year.
Kratz joined the 600-employee company to bring additional leadership to the financial and risk management operations of the company, including the development of financial and operational strategies, as well as the development and implementation of tools to monitor and manage company assets and financial results.
“Rick’s impressive background in both construction and finance makes him a great fit for his new role at Suntec,” said Suntec Concrete President Derek Wright. “We look forward to his contributions in the financial and contractual management side of the business.”
“For a number of years prior to joining Suntec, in my role as a member of the company’s outside accounting firm, I was fortunate to be able to work closely with Suntec’s management team,” Kratz stated. “As a result, I was continually impressed with the company’s level of sophistication, as well as its commitment to its employees, customers and community. When I was presented with the idea of becoming Suntec’s CFO, I knew it was an opportunity I could not pass up.”
In addition to his role with the Suntec, Kratz is involved in the construction accounting association of Construction Financial Management Association (CFMA) Arizona Chapter. Kratz is a graduate of Loras College in Dubuque, Iowa and received his CPA more than 25 years ago. He is married to his wife of 32 years, has two adult children and lives in Glendale.