Real Estate 2023: GARY BOWMAN
FOUNDER, CEO AND CHAIRMAN, BOWMAN CONSULTING GROUP, RESTON
Bowman was a principal for 15 years at Urban Engineering before founding Bowman Consulting, which started as a five-person company at its inception in 1995. The publicly traded engineering services firm now has about 1,700 employees and 80 offices nationwide, including eight in Virginia. The company moved up 31 spaces to No. 87 this year on Engineering News-Record’s Top 500 Design Firms, ranked by revenue.
In May, Bowman Consulting marked the two-year anniversary of its IPO. The company has seen a 74% increase in revenues year over year, from almost $150 million in fiscal year 2021 to $261.7 million for 2022. It acquired at least 20 companies since going public.
In September 2022, Bowman donated $5 million to Virginia Tech’s College of Engineering for the expansion of sustainable land development learning initiatives. A Tech alumnus, Bowman previously served on the university’s College of Engineering advisory board and the Civil and Environmental Engineering Alumni board. He is a member of the department’s Academy of Distinguished Alumni and is also a former chair of the Virginia Board of Housing and Community Development.