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Our story


Sixty years ago, the roots of IES were planted by a group of small, community-based electrical contractors.

Even then, growth was in our DNA.

We rapidly expanded our capabilities, geographies and ambitions, growing into IES Holdings, Inc. in 1997.
Today we’re an electrical, communications, and infrastructure solutions provider focused on building,
installing and maintaining the critical systems that enable and power our daily lives.

What makes us unique?

  • our experienced operating teams with deep customer relationships
  • our national scale with local presence
  • our diversified portfolio of services
  • our robust track record of organic growth and accretive acquisitions
  • our strong cash flow and conservative balance sheet
  • our disciplined approach to capital allocation
  • our uncompromising commitment to our people, customers and communities


All this has led to remarkable, responsible growth for our customers, employees, investors,
and all who touch– and are touched by– the indispensable things we create.

Ready to grow with us?



Our Business Segments


We provide services to a variety of end markets through four principal business segments:


A leading national electrical contractor

IES Commercial & Industrial is a multi-faceted electrical contractor with a national presence and expertise in all areas of commercial and industrial markets. We provide design, build and maintenance services and utilize an array of project delivery methods in order to meet the unique needs of projects in numerous markets.
IES Commercial & Industrial operates nationally with multiple office locations across the U.S. Each location offers service capabilities including constant presence, critical plant shutdown, troubleshooting, emergency service, testing, and preventive maintenance.

Nationwide provider of network technology services

IES Communications provides the highest level of design, build and maintenance services for technology and communication systems. Our success across our national footprint is based on our reputation, trust and ability to solve the demanding and complex needs of our customers.
Over our nearly four decade history, people have been central to our success. Therefore, we take immense pride in our unmatched safety, training, and customer service by performing and perfecting cutting edge techniques to bring the most value to every project, no matter the size.

Provider of electrical and mechanical apparatus services and custom power solutions

IES Infrastructure solutions is a respected provider of electro-mechanical services and custom power solutions including generator enclosures and bus systems.
With exceptional engineering, custom fabrication, and manufacturing capabilities, we service and supply critical power equipment to a geographically diverse customer base. We also have strategically located service centers that provide best-in-class rewind, reconditioning and remanufacturing of electrical apparatuses, including AC/DC motors, transformers, switchgear/circuit breakers, and generators.

A leading provider of single and multi-family services

IES Residential is one of the nation's leading electrical, mechanical and plumbing contractors for both single family homes and multi-family apartment complexes.
As a one stop resource for the critical systems that power homes, IES Residential offers outstanding service and value to our customers. And our stellar safety record, track record of success and strong commitment to customer satisfaction is evidenced by our long-term growth and extensive list of repeat customers that includes a diverse mix of national and regional homebuilders, property developers and individual homeowners.


Our Leadership

BOARD OF DIRECTORS

Jeffrey L. Gendell

CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER

Mr. Gendell is the Chief Executive Officer of the Company, a role he has held since October 1, 2020. Previously, Mr. Gendell served as Interim Chief Executive Officer from July 31, 2020 to September 30, 2020. Mr. Gendell has also served as a director and as Chairman of the Board since November 2016. He is the founder and managing member of Tontine Associates, L.L.C., which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. Mr. Gendell formed Tontine in 1995 and manages all of the investment decisions at the firm, where he has built an extensive record in public and private investing across industries. Prior to forming Tontine, Mr. Gendell held senior investment management positions at several other private investment firms, including Odyssey Partners, L.P., and began his career in investment banking over 35 years ago at Smith Barney, Harris Upham & Co. where he was involved in capital markets, corporate finance and M&A activity. He holds a Bachelor’s degree from Duke University and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.

Jennifer A. Baldock

DIRECTOR

Ms. Baldock was elected to the Board in 2021. She has been a member of the Board of Managers of CCF Holdings, LLC and its predecessors since April 2013, where she is the chair of the Nominating and Governance Committee and a member of the Compliance Committee and the Compensation Committee. Ms. Baldock previously served as a director of Hometeam Technologies, Inc. from December 2016 to January 2020, as a director of Acculynk, Inc. from February 2016 to May 2017 and as a director of Asset Acceptance Capital Corp. from March 2004 to June 2013. From 1991 to 1999, Ms. Baldock held various senior leadership positions at World Color Press, Inc., most recently as Vice Chairman, Chief Legal and Administrative Officer and Secretary. Before joining World Color Press, Ms. Baldock was an associate at Latham & Watkins in New York. Ms. Baldock graduated from Princeton University with a B.A. and received a J.D. from Stanford Law School.
»» Chairman of the Nominating / Governance Committee
»» Member of the Human Resources and Compensation Committee

Todd M. Cleveland

DIRECTOR

Mr. Cleveland has served as a director of the Company since February 2017. He has also served as the Chief Executive Officer of Patrick Industries, Inc. (“Patrick”), a publicly traded manufacturer of specialized building products and materials, since February 2009, and as a director of Patrick since 2008. Mr. Cleveland was President of Patrick from May 2008 to December 2015, and Chief Operating Officer of Patrick from May 2008 to March 2013. Prior to that, he served as Executive Vice President of Operations and Sales and Chief Operating Officer of Patrick from August 2007 to May 2008. Mr. Cleveland also spent 17 years with Adorn Holdings, Inc., serving as President and Chief Executive Officer from 2004 to 2007; President and Chief Operating Officer from 1998 to 2004; and Vice President of Operations and Chief Operating Officer from 1994 to 1998. Mr. Cleveland was a director of Stag-Parkway, Inc. from 2013 to 2014. Mr. Cleveland has over 25 years of recreational vehicle, manufactured housing and industrial experience in various operating capacities. He graduated from DePauw University with a B.A.
»» Chairman of the Human Resources and Compensation Committee
»» Member of the Nominating / Governance Committee
»» Member of the Audit Committee

David B. Gendell

DIRECTOR

Mr. Gendell was elected to the Board in 2012. He previously served as non-executive Chairman of the Board from January 2015 to November 2016 and as Interim Director of Operations for the Company from November 2017 to January 2019. He has over 30 years of operations and consulting experience in a variety of service industries, including health care, technology and banking. From 2004 through 2017, Mr. Gendell was an employee of Tontine Associates, LLC, which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. At Tontine, he focused on investment opportunities in industrial, manufacturing and basic materials companies. From 2006 to 2010, he served on the Board of Directors of Neenah Enterprises, one of the largest independent foundries in the United States. Mr. Gendell has also held senior positions at several venture-backed startups. From 1999 to 2002, he was President and Chief Operating Officer of Homserv, LLC, a privately-held data aggregator focused on real estate transactions, and from 2002 to 2003, he served as President and Chief Operating Officer of Cogent Design Inc., a privately held practice management software system. He also currently serves as the Chairman of the Board of Advisors of the Duke Global Health Institute. Mr. Gendell holds a Bachelor’s degree from Duke University.

Joe D. Koshkin

DIRECTOR

Mr. Koshkin was elected to the Board in 2013. He has worked as an independent financial consultant offering financial and advisory services to a diverse group of clients since 2006. Mr. Koshkin retired as a partner from PricewaterhouseCoopers in 2006 after a 34-year career with the firm. During his career at PricewaterhouseCoopers, he served as the partner in charge of the firm’s North America Engineering and Construction Industry practice. He also served as a senior client service partner advising clients on technical accounting, Securities and Exchange Commission issues, Sarbanes-Oxley compliance, risk management, and mergers and acquisitions. From June 2010 to July 2011, Mr. Koshkin served as a director and a member of the audit committee of Sterling Bancshares. Mr. Koshkin is a Certified Public Accountant in Texas and is a member in good standing with the AICPA and TSCPA. He has extensive experience with corporate finance and financial reporting and tax, and he holds a BBA in Accounting from Lamar University.
»» Chairman of the Audit Committee
»» Member of the Human Resources and Compensation Committee
»» Member of the Nominating / Governance Committee

Elizabeth D. Leykum

DIRECTOR

Ms. Leykum was elected to the Board in 2021. She has served as founder of Serenade Capital LLC, an investment firm, since May 2016. Prior to founding Serenade Capital, from October 2013 to April 2016, she served as a founding principal of HEG Capital LLC, an investment advisory firm, and worked in investment management for ESL Investments, Inc. for over a decade. Since April 2014, Ms. Leykum has served on the Board of Directors of Lands’ End, Inc. and since May 2021 she has served as Chair of the Board of Valaris Ltd. Ms. Leykum graduated from Harvard College with an A.B. in Economics and received an M.B.A. from Harvard Business School.
»» Member of the Audit Committee
»» Member of the Human Resources and Compensation Committee




CORPORATE LEADERSHIP

Jeffrey L. Gendell

CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER

Mr. Gendell is the Chief Executive Officer of the Company, a role he has held since October 1, 2020. Previously, Mr. Gendell served as Interim Chief Executive Officer from July 31, 2020 to September 30, 2020. Mr. Gendell has also served as a director and as Chairman of the Board since November 2016. He is the founder and managing member of Tontine Associates, L.L.C., which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. Mr. Gendell formed Tontine in 1995 and manages all of the investment decisions at the firm, where he has built an extensive record in public and private investing across industries. Prior to forming Tontine, Mr. Gendell held senior investment management positions at several other private investment firms, including Odyssey Partners, L.P., and began his career in investment banking over 35 years ago at Smith Barney, Harris Upham & Co. where he was involved in capital markets, corporate finance and M&A activity. He holds a Bachelor’s degree from Duke University and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.

Matt Simmes

PRESIDENT AND CHIEF OPERATING OFFICER

Mr. Simmes has served as President and Chief Operating Officer of the Company since December 2023; he previously served as Chief Operating Officer of the Company from December 2021 to December 2023. From January 2017 to December 2021, Mr. Simmes served as President of IES Communications. Mr. Simmes joined Federal Communications Group (FCG) as a field technician in 1993. FCG grew to become one of the nation's largest providers of structured cabling and low-voltage systems, where Mr. Simmes served in various positions, including Project Manager and Branch Manager. In 1999, IES acquired FCG; in 2005 Mr. Simmes assumed the role of Vice President of Operations and in 2017 became the President of IES Communications.

Tracy A. McLauchlin

SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER & TREASURER

Ms. McLauchlin has served as Senior Vice President, Chief Financial Officer and Treasurer of the Company since May 2015. She had previously served as Vice President and Chief Accounting Officer of the Company since February 2014. From June 2011 to November 2013, Ms. McLauchlin served as Vice President and Chief Accounting Officer of Rockwater Energy Solutions. Prior to joining Rockwater, Ms. McLauchlin was with Dynegy Inc. from June 2004 to June 2011, where she served as Senior Vice President and Controller from March 2009 to June 2011, and from June 2004 to March 2009 served in various other capacities in finance and accounting. She began her career with PwC and received her Master of Accounting from Rice University. Ms. McLauchlin is a Certified Public Accountant licensed in the State of Texas.






OPERATING EXECUTIVE LEADERSHIP

Thomas Emma

PRESIDENT: IES COMMUNICATIONS

Mr. Emma has been President of the Communications Division since December 2021. Mr. Emma joined IES in 2016 as Vice President of Finance with responsibility for all accounting, finance, and planning functions. Before joining IES, he spent several years as the Controller and Treasurer for Aldridge Electric, Inc. Mr. Emma holds a B.S. in Accounting from Northern Illinois University.

Jim Johnson

PRESIDENT: IES RESIDENTIAL

Mr. Johnson has been with IES Residential for twenty years and served as Vice President of Operations over the past nine years. Mr. Johnson is the President of IES Residential, a role he has held since April 2023, and is primarily responsible for leading our safety, education and training programs as well as overseeing our legacy operations. Collectively, he has over thirty years of experience in the industry and is most notably known for his wealth of knowledge and passion for safety and training.

Michael Rice

PRESIDENT: IES INFRASTRUCTURE

Mr. Rice joined IES Infrastructure (previously known as the MISCOR Group) business in April 2014 and brings over 20 years of experience in the electrical products, equipment and services space. Mr. Rice was employed by Schneider Electric S.A. from 1999 to 2013, where he served as Senior Vice President, Projects and Services, and led multiple acquisitions in the electrical services industry. Prior to that, Mr. Rice was Manager, Product Development at ABB Ltd. from 1992 to 1999. Most recently, Mr. Rice served as Chief Operating Officer at Myers Power Products, Inc.

James Valentine

PRESIDENT: IES COMMERCIAL & INDUSTRIAL

Mr. Valentine joined IES Holdings, Inc. in 2014 as Special Projects Director supporting corporate financial and operational initiatives. In 2016, he transitioned to the IES Commercial and Industrial business unit as Vice President of Finance and subsequently assumed the additional responsibilities of Regional Vice President of Operations, Division Senior Vice President, and in 2021 Division President. Prior to joining IES, Mr. Valentine worked for Ernst and Young, LLP with the majority of his clients operating in the construction and engineering industry. He graduated from the University of Texas with a Bachelor’s degree in Business Administration and a Master’s degree in Accounting.





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