Loren Sokolow, ENP SV
Loren has over 40 years of experience in finance and business operations. He served as the Chief Financial Officer of Psomas, an employee-owned firm in the AEC space, from 2001 through 2019 and was integral to its continued success and growth. During his tenure, Psomas acquired 12 firms and continues to be ranked by ENR as one of the top engineering firms in the nation.
In joining IAG, Loren continues our commitment to providing experienced practitioners from the AEC industry. During his long tenure as CFO, he provided guidance, advice and the consolidation of lessons learned for the firm as it experienced continuous growth. Loren has experience with strategic planning, ownership transitions, ESOP planning and implementation, operations, and IT processes. He has extensive experience in mergers and acquisitions. Loren was part of the valuation, selection and negotiation of the 12 acquisitions at Psomas. Additionally, he has been responsible for the integration of the many disparate accounting and reporting systems and business operations.
Loren speaks regularly at industry conferences focusing on the responsibilities of a CFO operating an ESOP owned company. He is a member of the National Contracts Management Association (NCMA); Finance Executive International (FEI); and the AEC Southern California CFO Roundtable. In 2019, Loren was presented with the ACEC Distinguished Service Award for his role as co-chair of the ACEC’s Finance Forum for the preceding twelve years. Loren was recognized by the Los Angeles Business Journal with their Lifetime Achievement Award at their September 2019 CFO of the Year Awards Dinner.
Loren graduated from the University of California, Los Angeles and has a Master’s degree in Administration from San Diego State University.
Since 2013, Loren has been and continues to be a credentialed Envision Sustainability Professional (ENV SP) by the Institute for Sustainable Infrastructure.