Suffolk, one of the most successful, privately held building contractors in the country, announced it has hired former E*TRADE Chief Marketing Officer (CMO) Lea Stendahl as its new CMO and former GE Vice President of Financial Planning and Analysis Puneet Mahajan as its new Chief Financial Officer (CFO). The strategic hires from these global innovation companies will help expand Suffolkโs national brand presence, position it for continued growth and support its mission to transform the construction industry.
โI am confident their strong leadership, wealth of experience with iconic innovation companies like E*TRADE and GE, and forward-thinking vision will help drive Suffolkโs brand awareness, attract the best talent, create new business opportunities and raise our profile as an industry game changer and disruptor.โ
Ms. Stendahl will be responsible for defining and implementing a strategic marketing vision that aligns with Suffolkโs exponential growth nationally. She will also be responsible for leading the transformation of the organizationโs marketing function by creating and executing an integrated, diverse marketing strategy that encompasses all branding, media, communications, digital marketing and promotional strategies. Mr. Mahajan will be responsible for establishing Suffolkโs financial and information technology goals and strategies. He will direct the day-to-day financial and administrative functions, negotiate credit agreements and re-engineer the organizationโs accounting and technology systems to maximize efficiencies. Ms. Stendahl and Mr. Mahajan will be based at Suffolk Headquarters in Boston, Massachusetts and will report directly to Suffolk Chairman and Chief Executive Officer John Fish.
โWe are thrilled to have Lea and Puneet join the Suffolk family to help us strengthen our brand nationally and position us for long-term financial success as we continue to revolutionize our industry,โ said John Fish, Chairman and CEO of Suffolk. โI am confident their strong leadership, wealth of experience with iconic innovation companies like E*TRADE and GE, and forward-thinking vision will help drive Suffolkโs brand awareness, attract the best talent, create new business opportunities and raise our profile as an industry game changer and disruptor.โ
As Chief Marketing Officer at E*TRADE, Lea Stendahl defined and drove the companyโs brand and marketing initiatives through innovative communications, consumer-centric positioning and break-through campaigns to help strengthen the iconic brand and reclaim its challenger position in the market. Prior to her Chief Marketing Officer role at E*TRADE, Ms. Stendahl was a Managing Director of brand and marketing communications for TD Ameritrade, and before that she spent eight years at E*TRADE as Senior Vice President of Marketing. Ms. Stendahlโs early experience also includes marketing leadership roles with several other financial institutions.
Ms. Stendahl has earned accolades for her marketing and branding vision and leadership, and she was recently named to the 2018 AdWeek 50 which recognized her as an โindispensable executive across marketing, media and technologyโ who is โleading the charge and using cutting-edge technologies to blaze new trailsโ in marketing and branding. She earned her BA in political science from the University of Wisconsin-Madison and her MBA in marketing from The Kellogg School of Management at Northwestern University.
As Vice President of Financial Planning and Analysis at GE, Mr. Mahajan was responsible for executing a critical element of that organizationโs strategic transformation by focusing on enhancing the financial planning and reporting processes to drive better alignment with strategic goals, improve transparency, and increase accountability while reducing complexity. During this tenure at GE, Mr. Mahajan improved the quality and timeliness of investor reporting, drove synergies across industrial segment operations, managed the Treasury operations strategy and provided detailed analysis and reporting for the CEO and Board. Prior to this position at GE, Mr. Mahajan served as GEโs Chief Risk Officer, Chief Financial Officer of GE India, Chief Financial Officer of GE Capital Asia and Chief Financial Officer of GE Consumer Finance Japan. Mr. Mahajan earned his Bachelor of Commerce at Panjab University and Master of Business Administration at the GOA Institute of Management.
About Suffolk
Suffolkโs vision is to โtransform the construction experience by building smart.โ Because we believe if thereโs a better way, weโll find it. Weโre always challenging the industry status quo and pushing the boundaries of what is possible. We believe in the power of innovation and people, and we empower our teams to think differently, work collaboratively and executive flawlessly on the most complex and sophisticated projects in the country. Our strong culture of innovation, combined with the most advanced tools such as virtual design and construction (VDC), virtual reality technologies and lean construction principles, is revolutionizing our industry and redefining what it means to be a builder.
Suffolk is a national building contractor with $4.0 billion in annual revenue and offices in Boston, New York City, Miami, West Palm Beach, Tampa, Fort Myers, Dallas, Los Angeles, San Francisco and San Diego. We service clients in every major industry sector, including healthcare, science and technology, education, federal government, gaming, aviation and commercial. Suffolk is privately held and is led by Founder, Chairman and CEO John Fish. Suffolk is ranked #23 on the Engineering News Record list of โTop 400 Contractorsโ in the country.
Suffolk is a community-conscious organization dedicated to environmentally friendly and sustainable business practices, and is committed to making a positive impact in its local communities through grassroots volunteer work, employee fundraising and corporate giving. For more information, visit www.suffolk.com.