TAEBC founding board member, Dan Hurst of Strata-G, sells company to employees

Dan Hurst, CEO and Founder of Knoxville-based Strata-G, has sold his company to two of his longtime vice presidents. Elliott Barnett will assume the position of CEO, and John Patterson will serve as president. Strata-G is a valued member of the Tennessee Advanced Energy Business Council, while Hurst is a founding board member.

“These guys that have been with us 15 years are natural leaders, they know our business, they’ve built and are committed to our culture,” Hurst told the Knoxville News Sentinel. “We just had to figure out the right financial mechanism and details of business to make it work, and we did. I think we’ve done it in a way that we’re proud of each other for and thankful a lot for.”

Hurst founded the small business with senior engineer Darrell Daugherty in 2002. The engineering firm now has 250 employees and is ranked as the largest veteran-owned business in East Tennessee by the Knoxville News Sentinel‘s Book of Lists. Last year, Strata-G was named the U.S. Chamber of Commerce Dream Big Small Business of the Year

This sale has been a couple years in the making and will allow Hurst to focus most of his time on long-term strategy and outreach, while Daugherty will still serve as lead engineer until a new successor is appointed. 

“Succession is a fun word,” Hurst said. “We’re all succeeding together, and we’re doing it by them not kicking us over the hill; that’s in our benefit and theirs. The fact that we’ve got a path that lets all that ‘juice’ stay in the company, I think, is useful.”

TAEBC awarded Hurst the annual Thomas B. Ballard Advanced Energy Leadership Award during the Annual Meeting on March 5, 2020, at Schneider Electric’s Nashville Hub. The Thomas B. Ballard Advanced Energy Leadership Award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy.

“As a founding board member of TAEBC, Dan Hurst embodies the qualities of a servant leader,” said Cortney Piper, Executive Director of TAEBC. “His dedication and commitment to building a new organization that represents an entire industry that makes Tennessee a better state in which to live, work and play is truly admirable. That same vision and devotion have enabled Dan to lead and grow a successful business in East Tennessee that embraces energy innovation, environmental stewardship and sustainability.”

To learn more about Strata-G and its commitment to pursuing advanced energy projects that improve Tennessee’s communities, contribute to the state’s advanced energy economy, and ensure the wellbeing of Tennesseans, click here.

Energy Mentor Network Spotlight: Dan Hurst

The Tennessee Advanced Energy Business Council is continuing its series of feature stories highlighting the mentors behind the Energy Mentor Network program offering industry specific expertise.

The Energy Mentor Network‘s goal is to foster the growth of Tennessee advanced energy technologies and startups by connecting entrepreneurs with mentors. This gives Tennessee yet another advantage in grabbing its more than fair share of the $1.4 trillion global advanced energy market.

The Energy Mentor Network is run by the Tennessee Advanced Energy Business Council in partnership with Launch Tennessee.

In broad strokes, the Energy Mentor Network pairs mentors with promising new companies and entrepreneurs through a structured program involving panel presentations and mentoring sessions.

The purpose of the program is to develop quality startups. After completing the program, startups will have an investable pitch deck, a rock solid business model and a plan to establish more traction. These tools will position Tennessee’s entrepreneurs to raise capital, request other funds like SBIR grants, and scale their company.

This week TAEBC is highlighting Dan Hurst, president and founder of Strata-G, LLC. Dan has more than thirty years of environmental, energy and entrepreneurial experience, and he has led several startup service businesses. He has provided technical consulting and managed people and projects in the areas of environmental, safety, nuclear, and utility services for numerous federal, public utility, and commercial clients.

Under Dan’s leadership, Strata-G has grown to almost 200 professionals and has been recognized with four small-business-of-the-year awards, two Pinnacle Award finalist nominations for business excellence by the Knoxville Chamber of Commerce, and the Innovation Valley Navigator Award for community service.

Dan has an Executive Certificate in Management and Leadership from the MIT Sloan School of Business and a master’s degree in Environmental Engineering from the University of Tennessee, where he serves on the Board of Advisors for Civil and Environmental Engineering. He is the 2007 recipient of the Biosystems Engineering Distinguished Alumni Award, the 2012 TN Veterans Business Bravo-Zulu Award, and the 2015 East TN Economic Council Muddy Boot Award. Dan is a veteran of the U.S. Navy and received commendations as a Division Officer and Instructor in the Naval Nuclear Power Program. Dan currently chairs the boards of the West Knox Utility District and Knox Area Rescue Ministries.

TAEBC is continuing to accept mentors for the Energy Mentor Program. If you are interested in this opportunity, please visit the “For Mentors” section of the Energy Mentor Network portion of TAEBC’s website.