The Clyde Cos. Inc. (CCI) board of directors has announced the promotion of Jeremy Hafen to CEO of the company, effective immediately. Hafen will continue to serve as president of Clyde Cos., an Orem-based provider of construction products and services in the Intermountain West and Great Plains regions where it has nearly 5,000 employees.

Wilford W. Clyde, who previously served as CEO, will retain his position as chairman of the board.{mprestriction ids="1,3"}

“As a $2.5 billion enterprise with nearly 5,000 employees, Clyde Cos. has never been stronger or better- positioned for success,” Hafen said. “Our strategic plan extends that trajectory and honors a legacy of a strong reputation, business integrity, and community stewardship for another hundred years.”

Prior to his current role as president of Clyde Cos., Hafen served as president of CCI subsidiaries Sunroc and Sunpro and as vice president of administrative services for Clyde Cos. He joined the Clyde family of businesses in 2004. He graduated from Brigham Young University with a master’s in accounting. He currently serves as the Mountainland Technical College board vice chair and on the Salt Lake Chamber’s board of governors. He previously served as chair of the Utah Valley Chamber of Commerce.

Established in 1926, Clyde Cos. is the parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro, IHC Scott, Beehive Insurance, GWC Capital and Bridgesource.{/mprestriction}