John Rakolta III joined the company in 2007 and is well rounded in the business of construction with experience in sales and business development, field operations and finance.
J.R., as he’s called, had a nickname for his grandfather, the late-Walbridge Chairman and CEO John Rakolta, Sr. It was “Popeye.” He was one tough guy when it was necessary. And he was fiercely protective of Walbridge’s reputation as an honest and trustworthy construction partner to customers.
J.R. has been further influenced by his father, John Rakolta, Jr., who has served as Walbridge’s Chairman and CEO since 1993.
He attended Purdue University, where he received a bachelor’s degree in Building Construction Management. (Company co-founder Albert Aldinger graduated from Purdue in 1898.) J.R. also earned a master’s degree in Real Estate Finance and Investment from New York University.
Prior to joining Walbridge, he worked for The Athena Group in New York. Today, he heads these functions at Walbridge: Finance, Information Technology, Human Resources, and Real Estate Development & Asset Management.
In 2016, JR was named to “30 in their 30s”, a list of up-and-coming Detroit-area executives by DBusiness magazine.
He is a third-generation member of the Rakolta family to work for Walbridge and serve on its Board of Directors.