GeoStabilization International® Appoints Dominic Ivankovich as Chief Executive Officer
Colby Barrett Named Vice Chair of Board of Directors
COMMERCE CITY, Colo.–(BUSINESS WIRE)–GeoStabilization International®, the leading geohazard mitigation firm in North America, announces today that Dominic Ivankovich is joining the team as Chief Executive Officer (CEO). Ivankovich succeeds Colby Barrett, who has led GeoStabilization since 2008. Barrett will stay on as Vice Chair of the Board of Directors.
“GeoStabilization was founded twenty years ago on a promise to provide value to an underserved market. Over the years, we have seen ongoing success because of our commitment to our clients, the dedication of our employees, and our culture of innovation, service, and quality,” said Colby Barrett, Board of Directors Vice Chair of GeoStabilization International. “I’m thrilled to pass the reins to Dominic to further drive our mission of providing cutting-edge, sustainable solutions. His leadership and business growth acumen combined with our unwavering passion and unmatched technical capabilities will undoubtedly bring decades more success for GeoStabilization and our clients.”
Dominic joins GeoStabilization after nearly twenty years with Danaher and Fortive, including more than 10 years leading large global businesses across essential industries. With a degree in Chemical Engineering from Montana State University and an MBA from the Kellogg School of Management at Northwestern University, Dominic has a rich track record of driving growth acceleration and market share gains via improved client satisfaction, innovation, commercial execution, and strategic acquisitions in core and new markets. Additionally, Dominic’s significant depth in acquisition integration and construction management will be critical to GeoStabilization’s future as it continues to grow in current and new mission critical applications that are consistent with the company’s mission. Dominic has spent the last month physically working with GeoStabilization field crews across the United States as part of his transition into the CEO role.
“What attracted me to GeoStabilization is the company culture, the passion of its team, and a family atmosphere that has stood the test of time. As a company grows, this is incredibly rare – and is a testament to the leadership of Colby Barrett and the company founders Albert Ruckman and Robert Barrett,” said Dominic Ivankovich, GeoStabilization International CEO. “I am excited to join this amazing team and help further the advancements in improving infrastructure and protecting people from the dangers of geohazards.”
20 Years of Success
Founded in 2002, GeoStabilization grew from a drive to bring cutting-edge geohazard mitigation solutions that increase efficiency, decrease cost, and minimize environmental impact. Today, the company has implemented more than 5,500 unique solutions and built a team of more than 600 people composed of geologists, geotechnical engineers, equipment operators, geohazard mitigation technicians, data analysts, and rockfall remediation technicians.
GeoStabilization provides routine and emergency geohazard mitigation solutions for critical infrastructure within the transportation, railway, mining, commercial and energy industries. Many of GeoStabilization’s projects use an integrated design and construction contracting process and a suite of specialized technologies such as the Soil Nail Launcher™, RailJET®, the Spider Excavator, and multi-platform geospatial remote sensing.
The company continues to diversify its portfolio of innovations and services, adding new disciplines and dedicating resources to research and development. To stay up to date on the latest, visit www.geostabilization.com.
About GeoStabilization International®
GeoStabilization International® is the leading geohazard mitigation firm operating throughout the United States, Canada, and New Zealand. GeoStabilization specializes in emergency landslide repairs, rockfall mitigation, and grouting using design/build contracting. GeoStabilization International’s team includes some of the brightest and most dedicated professionals in the geohazard mitigation industry. Their expertise, proprietary tools, and worldwide partnerships allow them to repair virtually any slope stability or foundation problem in any geologic setting.