Brian Murray Joins Ryan as Chief Financial Officer

MINNEAPOLIS (Nov. 2, 2009) – Ryan Companies US, Inc. welcomes Brian Murray to the company as its new chief financial officer. Murray is a financial executive with more than 20 years experience in the private and public sector.

"When anyone new joins Ryan, regardless of level, we carefully consider how they will embrace and enhance our culture, which is rooted in four values: service, character, spirit and intelligence,” said Pat Ryan, president and CEO, Ryan Companies US, Inc. “Brian has demonstrated these values throughout his career, holding himself to the highest standard of leadership. We are pleased to welcome Brian into the Ryan family.”

Murray got his start at Arthur Andersen, where he worked as an audit and business advisory manager. He then joined UnitedHealth Group, where he worked his way up the ranks, lastly serving as chief financial officer of two of its operating divisions. After nearly two decades in the world of finance, Murray took a four-year sabbatical to give back to the community through active leadership roles on various not-for-profit boards including the Catholic Community Foundation, Cristo Rey Jesuit High School, St. John Vianney Seminary and the St. Paul Seminary. Murray also served as Parish Council president at the Church of the Annunciation, his home parish in Minneapolis, and is a board member of Friends of FANA Minnesota, an organization assisting adopting families and supporting the FANA orphanage in Bogotá, Colombia.

“I am excited to join a company that has such a great reputation for delivering service and value to its customers,” said Murray. “Ryan is well-respected for providing successful, full-service construction and real estate solutions by collaborating with customers and communities. I am excited to bring my collaborative skills to this fantastic team and help the company continue its long legacy of success.”

Tim Gray, an owner of Ryan Companies, will assume the role of vice chairman. Gray first joined Ryan in 1969 as controller and later became its chief financial officer.

"The core mission of Ryan is the same as when I joined it 40 years ago, and it has grown beyond anyone’s imagination. Due to his extensive experience, Brian is ideally suited to lead the company’s financial strategy and execution,” said Gray. “While I will still be involved with the company, it’s a transition I could not make without being assured that our new CFO would be more than capable of setting the financial direction and handling the day-to-day operations. Brian is a great addition to the company.”

"Tim isn’t going away. He is assuming more of an ownership role which is vital since we lost our partner and friend Jim this past spring,” said Pat Ryan, referring to former president and CEO, Jim Ryan, who recently passed away.

About Ryan Companies US, Inc.

Ryan Companies US, Inc., a nationally recognized developer, design-builder and real estate manager, has specialized in fully integrated solutions for more than 70 years. Ryan builds lasting relationships with a project delivery model based on full-service customized solutions and total collaboration – pairing the customer’s needs and expectations with the talents of a team of developers, financiers, architects, engineers, constructors and property managers. In addition to its Minneapolis office, Ryan has offices in Chicago, Phoenix, San Diego, Tampa, Cedar Rapids, Davenport and Des Moines, Iowa. Ryan was named the 2007 National Developer of the Year by the National Association of Office and Industrial Properties (NAIOP). For more information, visit www.ryancompanies.com.

Editor’s note: Interviews with Ryan executives are available by contacting Sarah Voigt at 612-455-1784 or svoigt@psbpr.com