Proposed FASB Revenue Recognition Rules—What Surety Professionals and their Contractor Clients Need to Know

Jerry Henderson leads BKD’s Construction & Real Estate Group and is responsible for facilitating its growth through service innovation and the advancement of technical expertise among client service personnel. He provides technical input on matters unique to the construction and real estate industry and coordinates BKD’sconsulting services to contractors and real estate developers. Mr. Henderson writes for national trade journals, such as the Construction Financial Management Association’s Building Profits and speaks at regional and national conferences. He is the professional co-chair of the emerging issues committee of the Construction Financial Management Association and is a member of Associated General Contractors of America’s National Tax & Fiscal Affairs Committee. 

Patrick is the Team Leader of Lockton’s Surety Operations Department, which includes more than 75 surety-only professionals. Through his active involvement in construction and surety industry associations — the Surety and Fidelity Association of America, National Association of Surety Bond Producers and the Associated General Contractors of America — Patrick has developed key executive-level relationships with the major
surety markets and industry leaders. This rapport with executives, as well as local surety branch managers, extends Patrick’s credibility as he steers Lockton’s continued success
in the surety marketplace.

Darrin Weber is President of IMA of Texas, Inc. where he oversees the insurance and surety bond operations for the Dallas office. He is also a member of the board of directors for IMA, Inc. Before joining IMA in 2004, he was with Dodson-Bateman & Company (Arthur J. Gallagher & Company in Chicago and Dallas) where he oversaw construction insurance and surety bond operations. Darrin is chairman of the NASBP Insurance & Risk Management Committee and an active member of Quoin, the Dallas Chapter of the Association of AGC, Associated Builders and Contractors of North Texas, CFMA, and ASA.