Oscar C. Boldt, the third-generation leader of The Boldt Company, the Wisconsin-based general contractor with 14 offices across the U.S., passed away June 9 from natural causes at the age of 96.
Boldt, known to friends and business associates as O.C., had been with the company his grandfather, Martin, founded in 1889 for 72 years. Over more than half a century, Boldt transformed a family business that once teetered on the verge of bankruptcy into one of the country’s largest construction firms that generates around $1 billion in annual revenue and employs 2,000 workers.
“Oscar built a business based on honesty, and fairness, hard work, performance and a passionate love for construction,” said President and COO Dave Kievet. “These are principles that guide our team members on a daily basis and are the foundation of our culture.”
Boldt’s son Tom, the company’s CEO, who with his mother, Pat, was at his father’s side when he died, noted that Oscar maintained a deep connection with the organization. “He loved the company and the positive impact it has had on so many customers and communities. He was excited about what we will be capable of in the future. And, he wanted us to have fun doing it.”
NOTED PHILANTHROPIST
A graduate of the University of Wisconsin-Madison, where he earned a civil engineering degree, Boldt served as a B-24 navigator in the Air Force during World War II. After the war, he joined the company, and assumed its leadership reins from his father, Oscar J. Boldt, in 1950.
During his tenure, The Boldt Company, headquartered in Appleton, Wis., built many local landmarks, including the Fox Cities Performing Arts Center, and multiple healthcare facilities.
Aside from his business achievements, Boldt was a philanthropist. According to local news reports, he and his wife—who married in July 1949—regularly donated half of his annual income to church, charities, colleges, and local arts organization. They also served on numerous nonprofit boards, including the Appleton Medical Center.
Boldt’s accolades include honorary degrees from Ripon College and Lawrence University, and a Distinguished Contractor Award from the American Society of Civil Engineers. In 2000 he was inducted into the Paper Industry International Hall of Fame.
The family is planning a private funeral and memorial service for a later date.
Related Stories
| Sep 16, 2016
U.S. construction companies not embracing technology: KPMG survey
U.S. construction companies are not embracing technological advancements, such as drone aircrafts, robotics, RFID equipment and materials tracking, and data analytics, according to KPMG International’s Global Construction Survey 2016, “Building a technology advantage.
Architects | Sep 15, 2016
Implicit bias: How the unconscious mind drives business decisions
Companies are tapping into the latest research in psychology and sociology to advance their diversity and inclusion efforts when it comes to hiring, promoting, compensation, and high-performance teaming, writes BD+C's David Barista.
AEC Tech | Sep 6, 2016
Innovation intervention: How AEC firms are driving growth through R&D programs
AEC firms are taking a page from the tech industry, by infusing a deep commitment to innovation and disruption into their cultural DNA.
Sponsored | Contractors | Sep 5, 2016
Rental vs. purchase: How to minimize job site costs
Smart business decisions can mean the difference between being ‘on budget’ and going ‘way over’ budget.
| Sep 1, 2016
TRANSIT GIANTS: A ranking of the nation's top transit sector design and construction firms
Skidmore, Owings & Merrill, Perkins+Will, Skanska USA, Webcor Builders, Jacobs, and STV top Building Design+Construction’s annual ranking of the nation’s largest transit sector AEC firms, as reported in the 2016 Giants 300 Report.
| Sep 1, 2016
INDUSTRIAL GIANTS: A ranking of the nation's top industrial design and construction firms
Stantec, BRPH, Fluor Corp., Walbridge, Jacobs, and AECOM top Building Design+Construction’s annual ranking of the nation’s largest industrial sector AEC firms, as reported in the 2016 Giants 300 Report.
| Sep 1, 2016
HOTEL SECTOR GIANTS: A ranking of the nation's top hotel sector design and construction firms
Gensler, HKS, Turner Construction Co., The Whiting-Turner Contracting Co., Jacobs, and JBA Consulting Engineers top Building Design+Construction’s annual ranking of the nation’s largest hotel sector AEC firms, as reported in the 2016 Giants 300 Report.
| Sep 1, 2016
CULTURAL SECTOR GIANTS: A ranking of the nation's top cultural sector design and construction firms
Gensler, Perkins+Will, PCL Construction Enterprises, Turner Construction Co., AECOM, and WSP | Parsons Brinckerhoff top Building Design+Construction’s annual ranking of the nation’s largest cultural sector AEC firms, as reported in the 2016 Giants 300 Report.
| Sep 1, 2016
COURTHOUSE GIANTS: A ranking of the nation's top courthouse design and construction firms
DLR Group, NBBJ, Hensel Phelps, Sundt Construction, AECOM, and Dewberry top Building Design+Construction’s annual ranking of the nation’s largest courthouse sector AEC firms, as reported in the 2016 Giants 300 Report.
| Aug 30, 2016
CONVENTION CENTER GIANTS: A ranking of the nation's top convention center sector design and construction firms
Gensler, LMN Architects, AECOM, Turner Construction Co., and WSP | Parsons Brinckerhoff top Building Design+Construction’s annual ranking of the nation’s largest convention center sector AEC firms, as reported in the 2016 Giants 300 Report.