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A Letter from our CEO:

I want to let the wonderful people I have worked with and served as a teammate, material supplier, community member, industry associate or legislative representative know that I will be retiring from Chaney Enterprises at the beginning of October 2019. The Construction Industry, the Construction Materials Industry and Chaney Enterprises have given an exceptional venue providing the fellowship, challenges, opportunities, rewards, pride, opportunity to make a positive difference and fun that make for a fulfilling, professional career!

The great thing about these qualities in a professional career is that they are available to anyone who fully engages themselves in our industry or our company. I cannot think of any industry or company that does a better job offering these special career opportunities to anyone who actively participates. We are all engaged in a great industry! We also all owe a tremendous debt of gratitude to those who have come before us in our industry and at Chaney Enterprises. Our industry and our company began on sheer guts, drive and determination.

I will focus the rest of my thoughts on Chaney Enterprises acknowledging that our company is representative of many family owned businesses across the United States. Our company was founded in 1962 by Eugene Chaney, his son Dickie and a handful of other dedicated, committed people with a dream and common vision. Since the beginning of our company there have been innumerable great people on the front line, managers division managers and executives who, through their dedicated service, continuously improved Chaney Enterprises. We have grown dramatically over the last 57 years, always focused on the founding principles of taking care of the people we serve, doing the right things the right way, and giving back! We must never stray from these beliefs and we must always remember the great service and the efforts of those who came before us. I would like to thank the entire Chaney Family for providing me the opportunity to serve this wonderful company beginning in 1992!!!

All of us should be effervescent with pride in the “e’sprit de corps” we have developed and the accomplishments we have achieved. The really great news is that the future is even brighter than the past for the people and communities associated with Chaney Enterprises, as well as, the company itself. We now have 39 operating facilities strategically located in Maryland, Virginia, Washington D.C. and Delaware, staffed by true professionals who are committed to taking great care of the people, businesses and communities they serve. We have a formal commitment to continue to grow, thrive and prosper, ensuring there will always be opportunities for personal and professional growth and development within Chaney Enterprises.

You may ask with everything going so well at Chaney Enterprises why would you retire? That all begins with strategic planning, which has always been an integral component of Chaney Enterprises’ overall success. In our 2008 strategic planning, we determined that we needed to change the structure of our company and get the right people in the right positions to fully capitalize on the opportunities, which the marketplace was certain to present to us in the future. We focused first on the structure, ensuring that it was productive and efficient and “easy to do business with”. The next step was to make sure we had the right people in the right positions throughout our company. The final step was to determine the best successor for me.

We determined that Hall Chaney would, most likely, be the best successor to serve as the next CEO of Chaney Enterprises. We promoted Hall Chaney to President in 2016 as the final test to determine if he would be the next CEO. Hall has performed in an exceptional manner over the last three years and will become my successor. He is a great young man who will lead our company and team members ensuring Chaney Enterprises will continue to grow, thrive and prosper by serving its employees, customers, industry and communities.

The ultimate job of any leader is to ensure long-term sustainability and success of the enterprise or venture they are leading. Our culture is firmly instilled in the members of the Chaney Enterprises Team; our organization structure is correct and focused on efficiently serving the needs of all of our constituents. Our team has the right people in the right places, and we have a very capable successor who is prepared and eager to serve our team members, our customers, our industry and our communities. I have completed my service to all of these people and entities. I am retiring from Chaney Enterprises and our affiliated companies feeling completely fulfilled and very proud of our collective accomplishments over the years.

I would like to thank all of the wonderful people I have worked with at Chaney Enterprises, served as a material supplier, worked with in our tremendous industry associations and been associated with in our communities and legislative arenas over the last 28 years. I would also like to thank my father and mother for making me aware at a very young age what a fantastic opportunity the construction industry offered. Most importantly I would like to thank my wife of 38 years, Vikki, for her unwavering support, dedication and commitment to my career with Chaney Enterprises and our industry! I am very much looking forward to continuing to serve Chaney Enterprises as a Director for many years to come! Chaney Enterprises and everyone actively engaged with it have an extremely bright future!

Sincerely,

William F. Childs IV
Chief Executive Officer