MILPITAS, Calif. (July 1, 2019) — XL Construction, an award-winning Bay Area general contractor, has announced the promotion of industry veteran, Richard Walker, to President and COO. The appointment expands Walker’s responsibilities to leadership of all company operating units. Eric Raff, a founder and former President / CEO, will remain in the position of CEO, focusing on corporate and organizational strategy.
Walker joined XL Construction five years ago from Balfour Beatty Construction to oversee operations. In his time with the company, he has helped drive significant growth and build key services, including preconstruction, construction technology, and sustainability.
“This change recognizes Richard’s tremendous contributions to the company over the past five years,” said Raff. “He brought a new perspective along with some great strategic thinking that has been critical to our growth and success. Having Richard in this role will allow us to leverage his strengths across the whole company and continue to deliver successful, purpose-driven projects and lasting client partnerships.”
As President, Walker will oversee day-to-day company operations, facilitating continued excellence in delivering award-winning life sciences, advanced technology, corporate office, civic, healthcare, and education projects throughout the Bay Area and Sacramento. This will facilitate Raff’s focus on long-term company vision and strategies for retaining its status as a top-ranked Bay Area general contractor, Best Place to Work, and Healthiest Employer.
“I am honored to carry on Eric’s 27-year legacy and continue to work with him during this next exciting phase of the company’s growth and development,” said Walker. “Eric’s vision and leadership has made XL what it is today – a truly purpose-driven organization with outstanding reputation with its clients and employees alike. I look forward to building on his vision and helping to ensure the company endures for generations to come.”
Walker has 30 years of industry experience. Prior to joining XL, he served as a Senior Vice President with Balfour Beatty Construction, and before that was a Vice President with construction firm Howard S. Wright Contractors. In both positions, his responsibilities included strategic planning, project management and business development. Earlier in his career, he led acquisition and development for Kimpton Hotels, and was a partner at a real estate law firm. He holds a B.S. in finance, with a minor in economics, from San Diego State University, and a J.D. from the University of California, Hastings College of Law. He serves as Executive Board Member for HomeAid Northern CA, a nonprofit dedicated to addressing homelessness. He is also active in NAIOP and other industry organizations. He resides in Berkeley with his family.About XL Construction
XL Construction builds to improve lives. A contractor of choice for leading companies in life sciences, advanced technology, corporate office, civic, healthcare, and education, XL is consistently ranked among the top general contractors in the Bay Area and regularly receives recognition as one of the Best Places to Work and Healthiest Employers. For more information, visit www.xlconstruction.com.