Sixty years ago, the roots of IES were planted by a group of small, community-based electrical contractors.
Even then, growth was in our DNA.
We rapidly expanded our capabilities, geographies and ambitions, growing into IES Holdings, Inc. in 1997.
Today we’re an electrical, communications, and infrastructure solutions provider focused on building,
installing and maintaining the critical systems that enable and power our daily lives.
What makes us unique?
All this has led to remarkable, responsible growth for our customers, employees, investors,
and all who touch– and are touched by– the indispensable things we create.
Ready to grow with us?
We provide services to a variety of end markets through four principal business segments:
Mr. Gendell is the Chief Executive Officer of the Company, a role he has held since October 1, 2020. Previously, Mr. Gendell served as Interim Chief Executive Officer from July 31, 2020 to September 30, 2020. Mr. Gendell has also served as a director and as Chairman of the Board since November 2016. He is the founder and managing member of Tontine Associates, L.L.C., which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. Mr. Gendell formed Tontine in 1995 and manages all of the investment decisions at the firm, where he has built an extensive record in public and private investing across industries. Prior to forming Tontine, Mr. Gendell held senior investment management positions at several other private investment firms, including Odyssey Partners, L.P., and began his career in investment banking over 35 years ago at Smith Barney, Harris Upham & Co. where he was involved in capital markets, corporate finance and M&A activity. He holds a Bachelor’s degree from Duke University and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.
Ms. Baldock was elected to the Board in 2021. She has been a member of the Board of Managers of CCF Holdings, LLC and its predecessors since April 2013, where she is the chair of the Nominating and Governance Committee and a member of the Compliance Committee and the Compensation Committee. Ms. Baldock previously served as a director of Hometeam Technologies, Inc. from December 2016 to January 2020, as a director of Acculynk, Inc. from February 2016 to May 2017 and as a director of Asset Acceptance Capital Corp. from March 2004 to June 2013. From 1991 to 1999, Ms. Baldock held various senior leadership positions at World Color Press, Inc., most recently as Vice Chairman, Chief Legal and Administrative Officer and Secretary. Before joining World Color Press, Ms. Baldock was an associate at Latham & Watkins in New York. Ms. Baldock graduated from Princeton University with a B.A. and received a J.D. from Stanford Law School.
»» Chairman of the Nominating / Governance Committee
»» Member of the Human Resources and Compensation Committee
Mr. Cleveland has served as a director of the Company since February 2017. He served as the Chief Executive Officer of Patrick Industries, Inc. (“Patrick”), a publicly traded manufacturer of specialized building products and materials, from February 2009 to December 2019, and as a director of Patrick since 2008. Mr. Cleveland was President of Patrick from May 2008 to December 2015, and Chief Operating Officer of Patrick from May 2008 to March 2013. Prior to that, he served as Executive Vice President of Operations and Sales and Chief Operating Officer of Patrick from August 2007 to May 2008. Mr. Cleveland
also spent 17 years with Adorn Holdings, Inc., serving as President and Chief Executive Officer from 2004 to 2007; President and Chief Operating Officer from 1998 to 2004; and Vice President of Operations and Chief Operating Officer from 1994 to 1998. Mr. Cleveland was a director of Stag-Parkway, Inc. from 2013 to 2014. Mr. Cleveland has over 25 years of recreational vehicle, manufactured housing and industrial experience in various operating capacities. He graduated from DePauw University with a B.A.
»» Chairman of the Human Resources and Compensation Committee
»» Member of the Nominating / Governance Committee
»» Member of the Audit Committee
John Louis Fouts, 57, has served as the managing member at Fouts Family Investments, a private investment holding company, since 2021. He also currently serves as a Trustee of the Georgia Tech Foundation and is the Chairman of its Investments Committee. From 2002 to 2021 he was a partner with Water Street Capital, Inc. a private investment firm located in Jacksonville, Florida. From 2000 to 2001 he served as the CEO of e-dr.com, an optometry and ophthalmology distribution company and from 1998 to 2000 he was an associate with the investment firm Caxton Corporation. Prior to joining Caxton, Mr. Fouts was a consultant at Boston Consulting Group. Mr. Fouts graduated from the Georgia Institute of Technology with a Bachelor of Science in Industrial Engineering and received an M.B.A. from Harvard Business School.
»» Member of the Audit Committee
Mr. Gendell was elected to the Board in 2012. He previously served as non-executive Chairman of the Board from January 2015 to November 2016 and as Interim Director of Operations for the Company from November 2017 to January 2019. He has over 30 years of operations and consulting experience in a variety of service industries, including health care, technology and banking. From 2004 through 2017, Mr. Gendell was an employee of Tontine Associates, LLC, which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. At Tontine, he focused on investment opportunities in industrial, manufacturing and basic materials companies. From 2006 to 2010, he served on the Board of Directors of Neenah Enterprises, one of the largest independent foundries in the United States. Mr. Gendell has also held senior positions at several venture-backed startups. From 1999 to 2002, he was President and Chief Operating Officer of Homserv, LLC, a privately-held data aggregator focused on real estate transactions, and from 2002 to 2003, he served as President and Chief Operating Officer of Cogent Design Inc., a privately held practice management software system. He also currently serves as the Chairman of the Board of Advisors of the Duke Global Health Institute. Mr. Gendell holds a Bachelor’s degree from Duke University.
Mr. Koshkin was elected to the Board in 2013. He has worked as an independent financial consultant offering financial and advisory services to a diverse group of clients since 2006. Mr. Koshkin retired as a partner from PricewaterhouseCoopers in 2006 after a 34-year career with the firm. During his career at PricewaterhouseCoopers, he served as the partner in charge of the firm’s North America Engineering and Construction Industry practice. He also served as a senior client service partner advising clients on technical accounting, Securities and Exchange Commission issues, Sarbanes-Oxley compliance, risk management, and mergers and acquisitions. From June 2010 to July 2011, Mr. Koshkin served as a director and a member of the audit committee of Sterling Bancshares. Mr. Koshkin is a Certified Public Accountant in Texas and is a member in good standing with the AICPA and TSCPA. He has extensive experience with corporate finance and financial reporting and tax, and he holds a BBA in Accounting from Lamar University.
»» Chairman of the Audit Committee
»» Member of the Human Resources and Compensation Committee
»» Member of the Nominating / Governance Committee
Mr. Gendell is the Chief Executive Officer of the Company, a role he has held since October 1, 2020. Previously, Mr. Gendell served as Interim Chief Executive Officer from July 31, 2020 to September 30, 2020. Mr. Gendell has also served as a director and as Chairman of the Board since November 2016. He is the founder and managing member of Tontine Associates, L.L.C., which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. Mr. Gendell formed Tontine in 1995 and manages all of the investment decisions at the firm, where he has built an extensive record in public and private investing across industries. Prior to forming Tontine, Mr. Gendell held senior investment management positions at several other private investment firms, including Odyssey Partners, L.P., and began his career in investment banking over 35 years ago at Smith Barney, Harris Upham & Co. where he was involved in capital markets, corporate finance and M&A activity. He holds a Bachelor’s degree from Duke University and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.
Mr. Simmes has served as President and Chief Operating Officer of the Company since December 2023; he previously served as Chief Operating Officer of the Company from December 2021 to December 2023. From January 2017 to December 2021, Mr. Simmes served as President of IES Communications. Mr. Simmes joined Federal Communications Group (FCG) as a field technician in 1993. FCG grew to become one of the nation's largest providers of structured cabling and low-voltage systems, where Mr. Simmes served in various positions, including Project Manager and Branch Manager. In 1999, IES acquired FCG; in 2005 Mr. Simmes assumed the role of Vice President of Operations and in 2017 became the President of IES Communications.
Ms. McLauchlin has served as Senior Vice President, Chief Financial Officer and Treasurer of the Company since May 2015. She had previously served as Vice President and Chief Accounting Officer of the Company since February 2014. From June 2011 to November 2013, Ms. McLauchlin served as Vice President and Chief Accounting Officer of Rockwater Energy Solutions. Prior to joining Rockwater, Ms. McLauchlin was with Dynegy Inc. from June 2004 to June 2011, where she served as Senior Vice President and Controller from March 2009 to June 2011, and from June 2004 to March 2009 served in various other capacities in finance and accounting. She began her career with PwC and received her Master of Accounting from Rice University. Ms. McLauchlin is a Certified Public Accountant licensed in the State of Texas.
Ms. Newman has served as Vice President, General Counsel and Corporate Secretary of the Company since December 2019. Prior to joining IES, Ms. Newman was a Partner with the law firm of Dinsmore & Shohl, LLP from January 2017 to November 2019 and was an Associate from September 2011 to December 2016, where her practice focused on representing public and private companies in corporate transactions, including mergers, acquisitions and dispositions. She began her legal career with the law firm of Sullivan & Cromwell LLP after receiving her J.D. from Harvard Law School and B.A. from Duke University.