Ellicott President Named Baltimore CEO of the Year

Ellicott president Peter Bowe was recently selected as SmartCEO’s Baltimore CEO of the Year.

Though there were many candidates for the award, SmartCEO explains why Peter was the most impressive:

“​Since arriving at Ellicott Dredges in the early 1980s, Bowe has patiently and steadily led Ellicott Dredges through tough business cycles, ownership transition, foreign political unrest, crashing capital markets, and changing trends in manufacturing and dredge usage worldwide. Not only did he revive the company when it was on the brink of extinction, he rebuilt it into the dominant player in the dredge business. Today, with 250 employees, the 129-year-old company is one of the world’s oldest, largest and most successful dredge manufacturers; it proudly delivers a “Made in America” product to the world and sets the standard for the local, national and global manufacturing industry. For these impressive achievements and more, SmartCEO honors him as our 2014 Baltimore CEO of the Year.”

Peter’s leadership was also acknowledged by those outside the industry.

Ellicott counsel Eric Orlinsky of Saul Ewing LLP stated: “As a leader, I see Peter as very fair-minded, calm, and even-handed. I have on several occasions seen him give people second chances. And I think his employees respect him tremendously for that and for all that he has accomplished. Peter was able to take a 125-year-old manufacturing company from the verge of insolvency to a now-thriving company. In doing so, he saved a considerable number of manufacturing jobs for the city of Baltimore and the state of Maryland, and he has been able to build Ellicott into an acquirer of other dredging companies around the globe.”

When asked for his reaction to being named CEO of the year, Peter responded: “I am thrilled I have survived to the point where I could even be considered.”

But in his career, Bowe has done much more than simply survive. He’s testified before Congress more than 10 times, he’s penned op-eds in the Wall Street Journal and the Baltimore Sun, he serves as a board member of the World Trade Center Institute, and he’s been winning business awards for years — all in the name of furthering Ellicott Dredges’ prospects, yes, but also in the support of American manufacturing and American exporters in general.

Without the direction of Peter Bowe, Ellicott Dredges and its affiliate companies would not be where they are today. His continued leadership will help the company, as well as the industry itself, continue on this path of success.

Press Release

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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