ST. LOUIS – Rob Koester, CPA, has been promoted to Executive Vice President and Chief Financial Officer. The announcement was made by Patrick J. Murphy, Jr., President and Chief Executive Officer.
Koester joined Murphy Co. in 2003 and has served as CFO. He holds a bachelor’s degree in accounting from Truman State University and began his accounting career with Deloitte. In making the announcement, Patrick Murphy, Jr. noted that Koester has shown tremendous financial acumen and strategic thought leadership and has taken on additional responsibilities. “Rob has worked diligently to ensure Murphy is always in the soundest of financial positions to tackle multiple large projects and, when necessary, to weather any temporary downturns in the construction cycle,” said Murphy.
Koester oversees Murphy’s accounting, finance, human resources, IT, risk management, procurement and facilities departments. Under Koester’s leadership Murphy has implemented numerous best practices in these areas that have helped support the company’s growth over the past 15 years. During Koester’s tenure with Murphy he played an instrumental role in the successful implementation of Murphy’s ERP system, development of a robust employee wellness program and continued investment in leading-edge technology and state-of-the-art data and communications systems. Murphy has also significantly expanded talent and resources in those key areas under Rob’s leadership.
Outside of Murphy, Koester serves on the boards of SSM Health Foundation – St. Louis, Leadership Council Southwestern Illinois, American Contractors Insurance Group and St. Clair Stars Baseball Club. Koester is a member of the American Institute of Certified Public Accountants.