Rhumbix Welcomes Jigisha Desai to Board of Directors
Rhea-AI Summary
Rhumbix, a Field & Workforce Management solutions provider for the construction industry, has appointed Jigisha Desai as an independent director to its Board of Directors. Desai brings extensive experience in finance and operations from the construction sector, most recently serving as Executive VP and Chief Financial & Strategy Officer at Granite Construction.
Desai currently serves on the Board of Directors of Tutor Perini (NYSE: TPC) and Central States Manufacturing. She holds a BS in Accounting from the University of Houston, an MBA in Corporate Finance from Golden Gate University, and is a Certified Treasury Professional with advanced certifications from Harvard Business School.
Since its founding in 2014, Rhumbix has been implemented on over one million project sites worldwide, focusing on North American commercial, industrial, and mission-critical construction markets.
Positive
- Addition of experienced construction industry executive to TPC board
- 25 years of expertise in finance, strategy, and risk management
- Strong background in M&A transactions and corporate governance
- Experience in digital transformation and technology implementation
Negative
- None.
News Market Reaction – TPC
In the trading session that priced this news, TPC declined 7.92%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"We are thrilled to welcome Jigisha to the Rhumbix Board," said Zach Scheel, Co-Founder and CEO of Rhumbix. "Her extensive leadership experience in finance, strategy, and digital transformation within the construction industry will be invaluable as we continue to scale and enhance our platform for field productivity and data-driven decision-making."
Desai most recently served as Executive Vice President and Chief Financial & Strategy Officer at Granite Construction, where she played a pivotal role in shaping corporate finance, strategy, risk management, and operational efficiency. Over her 25-year career in the construction and infrastructure sectors, she has led transformative initiatives focused on financial performance, capital allocation, strategic growth, and digital adoption. She has also been instrumental in driving M&A transactions, corporate governance enhancements, and enterprise-wide technology implementations to improve business intelligence and operational effectiveness.
Currently, Desai serves on the Board of Directors of Tutor Perini Corporation (NYSE: TPC), where she is a member of the audit, nomination, and governance committees, contributing her expertise in financial oversight and strategic decision-making. In February 2024, she joined the Board of Directors of Central States Manufacturing, a leading ESOP company specializing in metal building components, roofing, and structural solutions.
A Certified Treasury Professional, Desai holds a Bachelor of Science in Accounting from the University of
"Rhumbix is transforming the construction industry by empowering field teams with smarter, more connected solutions," said Desai. "I'm excited to support the company's mission to drive efficiency, safety, and innovation for self-performing General Contractors and Specialty Trade Contractors."
Desai's appointment comes as Rhumbix expands its impact, helping contractors streamline workflows, improve data visibility, and maximize project profitability. Since its founding in 2014, Rhumbix has been deployed on over one million project sites worldwide, with a strong focus on the North American commercial, industrial, and mission-critical construction markets.
For more information about Rhumbix and its leadership team, visit www.rhumbix.com.
Tyler Riddell
Tyler@peritusmarketing.com
C: 951-297-8789
C/O Rhumbix Communications Team
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SOURCE Rhumbix