MasTec announces CFO Pita retires March 31, promotion of Paul DiMarco to CFO

MasTec announced that George L. Pita, MasTec’s CFO is retiring, effective March 31. Additionally, the company is proud to announce the planned promotion of Paul DiMarco to Executive Vice President and CFO, effective upon Mr. Pita’s retirement. Jose Mas, MasTec’s CEO, commented, "When George joined MasTec ten years ago, we had annual revenue of approximately $3.7B, and as he exits in 2023, we expect annual revenue to approximate $13B. During his tenure, George has provided strategic thinking and partnership, as well as financial acumen and leadership to support our incredible growth. He also developed a strong financial team with an established succession plan. I would like to thank George for his vision and dedication to MasTec and wish him well in retirement." Mr. Mas added, "We are excited to announce that long-time MasTec financial executive, Paul DiMarco, has been identified to succeed George. Paul has been with MasTec approximately 15 years, serving as Corporate Treasurer for over 10 years. He is currently serving as the CFO of our Power Delivery Segment and has been instrumental in the integration efforts of last year’s Henkels & McCoy acquisition. Paul has strong relationships with our banking, public debt, surety and insurance partners, and we look forward to introducing him to the street over the next few months.