Ray Sedey on Building a Legacy in Construction

In this episode, we delve into the career and personal journey of Ray Sedey, the Chairman and CEO of McCarthy Building Companies, a leading construction firm. Amidst his insightful recount of industry dynamics and company growth, Ray highlights the challenges and evolving landscape of power generation and distribution, especially the shifting focus towards natural gas and package nuclear plants. He shares his expansive career path, starting from his roots in the construction field influenced by his father, through his rise within McCarthy, reflecting on over two decades of moves, projects, and leadership growth. Ray also discusses the importance of adaptability, leadership development, and the significance of the company's employee ownership model. Additionally, Ray offers advice to young professionals about the value of curiosity and being open to new opportunities. Through personal anecdotes, including navigating family moves and career milestones, Ray provides a comprehensive look into his professional life and the ethos of McCarthy Building Companies.

Timestamps:

00:00 Introduction to Power Companies and Distribution Challenges

01:16 Guest Introduction and Career Highlights

01:59 Childhood and Early Influences

06:09 Educational Journey and Early Career

10:29 Joining McCarthy Building Companies

13:06 Early Career Experiences and Challenges

24:25 Leadership Aspirations and Career Growth

30:04 Reflecting on Personal Growth and Learning

30:36 Unexpected Move to Texas

32:36 Boom and Bust in Las Vegas

35:32 Challenges and Opportunities as CEO

38:05 The Unique Employee Ownership Model

42:31 Building Impactful Projects

45:21 Future Growth and Opportunities

48:57 Advice for Young Professionals

50:24 C-Suite Closers: Getting to Know Ray

You can Find Ray in LinkedIn here:

https://www.linkedin.com/in/ray-sedey-2b205a9/

Check out Ray's Favorite Foundation: 

https://www.heart.org/

Check out Ray's Favorite Books Here:

Good to Great: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996

The Advantage: https://www.amazon.com/Advantage-Organizational-Health-Everything-Business/dp/0470941529

Check out Great State Hat here!

greatstatehat.com

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