Press Release: 03.05.2019

McCarthy Promotes Kristine Newman to Senior Vice President

kristine newman headshot

McCarthy recently promoted Kristine Newman to Senior Vice President of Finance with McCarthy Holdings, Inc. She is responsible for creating strategies to deploy and diversify capital for the benefit of the employee-owners of the national builder. 

In her new role, Newman reports directly to McCarthy Holdings, Inc. Chief Financial Officer Doug Audiffred. She is a Certified Public Accountant (CPA) and holds the Certified Construction Industry Financial Professional designation.

Newman joined McCarthy almost 14 years ago and previously served as vice president of finance and controller for the builder’s Southwest region. She began her career with Arthur Andersen LLP, working on audit and consulting engagements in the firm's Chicago and Phoenix offices, prior to joining McCarthy.

“I am thrilled that Kris is stepping into this new national role on behalf of our employee owners,” commented Audiffred. “She has done great work in McCarthy’s Southwest region and is well-positioned to lead this focus area for our company.”   

Newman earned her bachelor’s degree in accounting from Purdue University. She is a past president and current member of the Valley of the Sun Chapter of the Construction Financial Management Association, and she serves as president of the board of directors for UMOM New Day Centers in Phoenix.

About McCarthy

McCarthy Holdings, Inc. is the oldest privately held national construction company in the country – with more than 150 years spent collaborating with partners to solve complex building challenges on behalf of its clients. McCarthy Holdings, Inc. is comprised on McCarthy Building Companies, Inc. and Castle Contracting, Inc. With an unrelenting focus on safety and a comprehensive quality program that span all phases of every project, McCarthy utilizes industry-leading design phase and construction techniques combined with value-add technology to maximize outcomes. Repeatedly honored as a Best Place to Work and Healthiest Employer, McCarthy is ranked the 14th largest domestic general builder (Engineering News-Record, May 2018).  With approximately 4,600 salaried employees and craft professionals, the firm has offices in St. Louis, Atlanta; Collinsville, Ill.; Portage, Ind.; Kansas City, Kan.; Omaha, Neb.; Phoenix; Las Vegas; Denver; Dallas, Houston; and San Diego, Newport Beach, San Francisco, San Jose and Sacramento, Calif. McCarthy is 100 percent employee owned. More information about the company is available online at or by following the company on Facebook, Twitter, LinkedIn and Instagram.

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