Swinerton In the News

Swinerton Builders: September 16, 2013

Hoopes named Swinerton CEO

Longtime Swinerton leader Jeffrey Hoopes has been named the company’s chief executive officer.

Hoopes replaces Michael Re, who is retiring. Re will remain as chairman of Swinerton through 2013. Swinerton is 100 percent employee owned.

In addition, Gary Rafferty has been named President and will continue to oversee the company’s general construction operations as chief operating officer.

The leadership changes come has Swinerton is playing a central role in San Francisco’s current construction boom, surpassing $2 billion in annual revenue with a wide range of office and condo projects. Recent assignments include Kilroy Realty Corp.’s 333 Brannan St., a $190 million office building set to break ground this fall, and 399 Fremont St., a 452-unit luxury condo highrise that UDR is building on Rincon Hill. The group is also doing pre-construction on Trinity Properties' $228 million phase three at Eighth and Mission, 190-unit affordable project for Tenderloin Neighborhood Housing Corp. at 1400 Mission St., and Boston Properties 307,000 square foot tower at 535 Mission St.

“This is an exciting time to be in the construction industry, as the way in which we execute our business is changing daily through the use of building information modeling and 3D, 4D, 5D, and 6D technologies,” said Hoopes. “I look forward to guiding Swinerton through this changing environment and to seeking out new business opportunities that will expand our target market business base and geographic profile. A tremendous example of these opportunities is the outstanding success of our entry into the renewable energy market.”

Hoopes joined Swinerton in 1984 as a project engineer. He helped the company navigate the economic recession of the late 1980s and rebuild Los Angeles after the destructive Northridge temblor of 1994. Later, as president, Hoopes oversaw Swinerton’s corporate business development and managed strategic and logistical planning. He is active ties with California building and civic groups and sits on the boards of the Bay Area Council and The Trust for Public Land.

In addition to his new role as incoming president, Rafferty will continue to oversee the company’s general construction operations as chief operating officer. A 28-year Swinerton veteran, Rafferty has worked alongside Hoopes for nearly three decades and has been a long-time advocate for the company’s safety and quality initiatives. Executive Vice Presidents Frank Foellmer and Eric Foster complete Swinerton’s executive team.

Retiring CEO Re has led Swinerton since 2009. Under his leadership the company surpassed $2 billion in annual revenue for the first time, cultivated an industry-leading percentage of LEED accredited professionals, and launched the company’s renewable energy division.

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