ACHESON, ALTA. — North American Construction Group (NACG) Ltd. has appointed Joseph Lambert to the position of president and CEO, effective Jan. 1, 2021.
Martin Ferron will assume the role of executive chairman and resign as CEO to facilitate transitional oversight and support to the executive team. Ferron plans to remain as non-executive chairman of the board of directors and as a major shareholder, states a release.
Lambert originally joined NACG as general manager of mining in April 2008, after an extensive career in the mining industry. In 2010, he was promoted to vice-president, oilsands operations and accepted the position of vice-president, operations support in January 2012.
“I am very proud of the many achievements NACG has attained during my eight-plus years tenure as CEO,” said Ferron in a statement. “None more so than the development of Joe Lambert into the right person to succeed me. From the outset, he impressed me as an operating executive of the highest caliber and has since applied himself with complete dedication to become the CEO this company needs to take it through and beyond its next phase.”
“I am pleased to be given this opportunity and look forward to leading this outstanding organization,” said Lambert. “Working with the great team of people here that I know well, I can assure all stakeholders we will continue the journey of safely achieving our strategic objectives. Despite the COVID-19 pandemic and enduring a very difficult Q2 this year, our business is recovering well and I am eager to continue this current positive momentum. In the short-term, I am specifically excited to publicly release our inaugural Sustainability Report within the next couple of months.”