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    Jeremy Routh

    Research Analyst at CJS Securities

    Jeremy Routh is an Institutional Equity Sales & Research Associate at CJS Securities, joining the firm in July 2024 after previous experience in wealth management at Northern Trust. He specializes in institutional equity research and sales, supporting analysis and coverage of public companies across multiple sectors. Routh began his career after earning a BA in Economics from Saint Michael’s College, where he demonstrated leadership as captain of the Men’s Ice Hockey Team. His professional credentials include expertise in equity markets; however, specific securities licenses and registered performance metrics have not yet been publicly disclosed.

    Jeremy Routh's questions to Great Lakes Dredge & Dock (GLDD) leadership

    Jeremy Routh's questions to Great Lakes Dredge & Dock (GLDD) leadership • Q2 2025

    Question

    Jeremy Routh, on behalf of John Tanwanteng at CJS Securities, asked about capital allocation priorities between share repurchases and debt paydown, and the rationale for expanding the credit facility.

    Answer

    SVP & CFO Scott Kornblau clarified that the primary focus is completing the newbuild program and then deleveraging. He described the share buyback as an opportunistic reaction to a depressed stock price. The credit facility was upsized to secure favorable pricing and to support the growing need for letters of credit for LNG and offshore energy projects.

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