COMPANY NEWS - February 7 , 2024

DonahueFavret Expands Ownership

Greater New Orleans General Contractor Expands Ownership

DonahueFavret Contractors announces Max Ferran, vice president and director of operations, as its newest ownership partner.

DonahueFavret Contractors welcomes Max Ferran, vice president and director of operations, as its newest partner to join the company’s ownership group. Existing partners Patrick Descant, vice president of preconstruction services; Bryan Hodnett, vice president of business development; and David Dupre, vice president of operations, have also increased their ownership interest in the company. This transaction is part of the company’s strategic leadership succession planning effort.

“This an exciting time for our company,” added John Donahue, president & CEO of DonahueFavret Contractors. “This strategic move is not just a testament to Max's dedication to our clients and exceptional contributions but also aligns seamlessly with our long-range strategic plan. We are confident that he will continue to play a pivotal role in shaping the future success of DonahueFavret.”

Max joined DonahueFavret Contractors in 2015 as a senior project manager and corporate safety director. His expertise includes multiple contract delivery methods in the medical, hospitality, multi-family, commercial office, and retail sectors. Max was elected to the DonahueFavret Board of Directors in 2019 and became a vice president and director of operations in 2020. During his time as a project manager with DonahueFavret, Max has managed nearly $300 million in construction value.