Pernix Group announces new senior management

Lombard-based Pernix Group Inc. announced that Gregg Pollack and Scott Finch have joined the management team as chief financial officer and vice president — administration and vice president — finance and corporate strategy, respectively.

Pollack was most recently CEO of Tasmanian Dairy Products Co. Ltd., an Australian dairy company formed to build and operate a $70 million milk processing plant. Prior to his work overseas, he was a managing director with Chicago-based investment bank Dresner Partners, where he was employed for over 12 years. Pollack’s professional experience includes extensive corporate finance, strategic planning, project management and merger and acquisition work for both publicly traded and privately owned businesses. He received a bachelor of science degre in economics and an MBA in finance from the Wharton School of the University of Pennsylvania, and he is a member of the AICPA and the Illinois CPA Society.

Finch brings extensive financing and M&A experience to Pernix, having completed nearly 100 transactions totaling in excess of $40 billion in gross proceeds, as a banker or member of management for both publicly traded and privately held companies. His efforts on the corporate side have been focused on creating and managing international treasury operations, managing banking and investor relations, and helping companies grow through the identification, financing, and integration of M&A transactions. His international financing expertise includes acquisition and project finance, securitizations, and equity transactions. He received a JD from Vanderbilt University and an MBA in Finance and Corporate Strategy from The University of Michigan.

With Pollack’s appointment, Nidal Zayed, chief executive officer of Pernix, will no longer be serving as Interim CFO.

“We are very excited about Gregg and Scott joining Pernix as our company continues to build critical mass and strategic presence in its key markets,” Zayed said. “Together with Jim Rice, our vice president — construction, and Carol Groeber, our corporate controller, we continue to add the executive-level expertise and resources necessary to support the recent growth in our business and to implement new initiatives to drive future growth. We welcome Gregg and Scott and look forward to their contributions to our continuing success.”

Pernix Group is a global company based in Lombard which is engaged in three primary business segments: construction services as a Design-Build General Contractor in the Federal and Government market; building, managing and investing in creditworthy and bankable Energy Projects as an Independent Power Producer and General Contractor; and as a provider of RF Transmitter Design, Installation, and Service.