Davie Construction Co. Announces Management Team Reorganization


Carl Carney, President and Chief Executive Officer of Davie Construction Co., announced that he has stepped away from management’s day-to-day activities to focus on marketing, relationship building, and special projects. Former Chief Financial Officer Janet Sheppard was named President, and Controller John Fallaw is now CFO.

Carl, who will maintain the roles of CEO and Founder, said, “Since joining us in 1997, Janet’s extensive financial expertise and incomparable organizational management skills have directly influenced our increase in revenue from $1M to over $100M. As CFO, her commitment to placing our clients’ interests first has guided her work with our legal, accounting, banking, subcontractor, and developer partners. As President, she will assume the top management, long-term planning, and development responsibilities required to drive our growth across the Southeast.”

Carl plans to serve as an ambassador for Davie Construction, representing the company’s interests at sponsorship events, construction conventions, and market segment conferences. “I look forward to enriching relationships with our current clients and collaborating with our development team to build new relationships and affiliations. I will also be focusing on my current business ventures.”

According to Carl, Janet’s ascendance to the presidency is a strategic transition. “I am grateful that Janet has agreed to lead our company into the future, as our partnership created and drives our significant growth throughout the years. With every decision and policy, Janet has set the standard for our fundamental corporate values of Integrity, Vision, Technology, and Teamwork. Guided by her deep-seated Christian beliefs and steadfast moral compass, Janet is unswerving in her honesty, truthfulness, and professionalism. Her imagination and vision will continue to inspire our growth. Janet’s interest in technology and systems improvement ensures that we continue introducing tools and processes that will make us more efficient while enhancing the quality of our work and service to our clients. She is a world-class Construction Industry leader.”

A Winston-Salem native, Janet is a role model for professional and community involvement. Her participation in construction industry organizations includes serving as past President and board member for the Construction Financial Management Association (CFMA), a long-time member of the Associated General Contractors of America (AGC), and an active supporter of the Piedmont chapter of the National Association of Women in Construction (NAWIC). She was awarded her bachelor’s degree in accounting and business management by the North Carolina State University and has been a licensed CPA for over 30 years. Before joining Davie Construction, Janet was Chief Financial Officer for LeBauer HealthCare in Greensboro, NC, and Account Manager for Meadowbrook Healthcare.

Janet serves her community in many leadership roles, contributing her time and resources to guide multiple health care, church, and school activities. Davie Construction’s extensive philanthropic efforts are a direct result of her commitment to making our community a better place for all who live and work in Davie County and the Piedmont Triad.

Janet and her husband, Craig, a retired financial professional with the City of Winston-Salem, have two grown children, Caitlin and Caleb. They are members of the Olivet Moravian Church and enjoy traveling and visiting the beach in their leisure time.

Controller John Fallaw, promoted to Janet’s previous position of CFO, has worked closely with her for two years. He oversees Davie Construction’s accounting operations and helps manage the daily accounting functions, IT processes, budgeting, human resources, and communications between project manager teams and accounting. John earned his bachelor’s degrees in business administration and economics from Presbyterian College in Clinton, SC, and holds a Master of Accountancy from Clemson University. He is a Certified Public Accountant.