News: Brokerage

Electra USA names Walsh as chief financial officer

Patrick Walsh

Manhattan, NY Electra USA, a leading electromechanical contracting company, has appointed Patrick Walsh as the company’s new chief financial officer. A seasoned construction and finance executive, Walsh brings over 30 years of experience leading financial strategy, corporate operations, and business growth across top-tier construction firms.

Walsh’s background includes executive roles at Cinalta Construction, Eaglestone LLC, E.E. Cruz & Company, and Skanska USA, where he spent over two decades advancing through leadership positions including deputy CFO and director of corporate development. Throughout his career, Walsh has managed multi-billion-dollar budgets, led ERP system implementations, and overseen high-stakes mergers and acquisitions.

“Patrick’s depth of experience in both finance and construction operations makes him a valuable addition to the Electra USA leadership team,” said Sharon Novak, president and CEO of Electra USA. “His track record of driving strategic growth, optimizing systems, and managing risk will be instrumental as Electra USA grows.”

Most recently, as CFO and VP of finance at Cinalta Construction, Walsh oversaw all finance, accounting, project controls, payroll, insurance, and treasury functions, while implementing cost-saving processes and technology transitions. His earlier leadership at Eaglestone, a $600 million portfolio of MEP subcontractors, positioned him as a key executive in guiding financial reporting, forecasting, and acquisitions.

“I’m excited to join Electra USA and look forward to working with their leadership,” said Walsh. “This is a company with a strong foundation, a talented team and a clear vision for the future. I look forward to helping drive strategic initiatives that support long-term value, operational excellence, and continued expansion across key markets.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional