2023 Cabot Executive in Residence:
Executive Vice President/Chief Operating Officer
Kraus-Anderson Construction Company
March 28, 2023
Rich, Stout Class of ’89, is responsible for leading the day-to-day operations of Kraus-Anderson Construction Company as Executive Vice President/Chief Operating Officer, fostering a workplace environment that embodies our core purpose of Building Enduring Relationships and Strong Communities. Based in Minnesota, Kraus-Anderson is a general contractor/developer completing over $1 billion in construction projects each year throughout the country. He started his career in the engineering department of Hyatt Hotels and joined Kraus-Anderson as a project manager in 1992. In his tenure at Kraus-Anderson, he has managed major construction projects, including schools, healthcare, retail, hospitality, recreational, industrial, and residential projects. He is a skilled consensus builder, guiding forward momentum among clients, architects, engineers, subcontractors and financial entities. He works seamlessly with all stakeholders in order to ensure a successful experience for everyone in the company and the projects Kraus-Anderson constructs.
Dr. Ashok Rai
President and CEO
Leadership Resiliency and Plasticity During a Pandemic
DR. ASHOK RAI is the President and Chief Executive Officer of Prevea Health – a physician-led, multispecialty health care provider working in partnership with Hospital Sisters Health System (HSHS) hospital across Wisconsin. Dr. Rai’s passion to redesign health care in the U.S. embraces the movement from fee-for-service methods of payment to value-based care, which rewards health care organizations for their work in preventative health care and encouraging patients to live healthy lifestyles and not for the number of procedures they perform. Dr. Rai has also taken proactive steps to enhance diversity and inclusion efforts within the Prevea Health system, and equitable access to health care for all in our communities.
Since the start of the COVID-19 pandemic, Dr. Rai has helped Prevea Health lead the way and set standards for high-quality, accessible, and innovative COVID-19 education, prevention, testing, treatment, and vaccination efforts across Wisconsin – all of which have garnered attention from local, state and national health care leaders and journalists. Dr. Rai is actively involved in his community and committed to make a difference on local, state, and national levels. He is a regent for the University of Wisconsin System Board of Regents, appointed by Wisconsin Gov. Tony Evers in April 2021. Dr. Rai also joined the American Medical Group Association Board of Directors in 2012 and served as Chairman in 2018.
Other roles held by Dr. Rai include Chairman of the Board of Weidner Center Presents in Green Bay; Chairman of the Cellcom Green Bay Marathon; member of the Board of Directors for the Automotive Gallery in Green Bay and Progress Lakeshore.; member of the Board of Downtown Green Bay, Inc.; and a member of the Chancellor’s Council of Trustees at UW-Green Bay.