Eidco Continues Expansion with Addition of Bill Carpitella

Real Estate Industry Veteran Joins Team as Executive Vice President

CHICAGO, IL (July 10, 2012) – Eidco Construction, one of the fastest growing construction management companies in the United States, today announced that Bill Carpitella has joined the firm as an Executive Vice President.

Carpitella has held executive-level positions at both real estate and consumer goods companies for the past 30 years. Formerly the CEO of The Sharrow Group, the largest full-service national real estate search and business-consulting firm in the country, he has worked for some of the most well regarded names in the industry including Hunt Real Estate, K. Hovnanian and Pulte Homes.

"We are delighted to welcome Bill to the Eidco management team," said Eidco CEO Chez Eider. "His impressive track record of real estate experience at top-tier companies and vast knowledge of the industry will greatly benefit us as we continue to expand our national footprint."

Prior to joining Eidco, Carpitella was a consultant at Fast Tracking Solutions and the General Manager for Hunt Real Estate, where he lead 16 offices and over 600 real estate brokers and employees. Prior to that, he was with Sharrow for more than eight years.

Other past positions include Senior Vice President of Organizational Development and Process at K. Hovnanian Enterprises and Vice President, Human Resources for Pulte Homes, where he was responsible for all personnel processes and change initiatives for both top 10 national builders. His consumer goods experience includes being the Vice President, Human Resources for companies such as Bell& Howell and Bausch & Lomb.

"I believe I will be able make significant contributions to Eidco and that my experience in areas such as strategic business planning, organizational development, growth strategies, and recruiting and retention of talent will be utilized to the fullest," said Carpitella. "It's exciting to be part of an innovative company that continues to see national growth."

Carpitella is a graduate of Temple University with a bachelor's degree in business administration and industrial relations and his professional affiliations include NAHB and Lominger where he is an associate expert in organizational development. Additionally, he is a contributing blogger and columnist for Pro Builder Magazine.

About Eidco Construction

A leading general contractor and construction management company, Eidco Construction is experienced in the building of commercial construction projects as well as residential developments. The firm provides pre-construction, construction management, "fast track" building and design+build services. Through depth of professional experience and a strong network of best-in-class industry professionals and suppliers, Eidco Construction delivers unparalleled value and innovation to its clients nationwide.

For more information on Eidco Construction, visit www.eidcoconstruction.com.

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