Walton Investors, LLC has appointed Dan Frisbee of St. Louis as chief operation officer of Walton Construction Company, LLC. As CEO, Frisbee will provide overall direction and vision for the company, whose corporate offices are in Kansas City, Missouri. He also will continue to oversee and support the operations of Walton’s five divisions nationwide.

Frisbee told me “The past year was a very active and positive year for our company. In addition to our leadership transition, we’ve built the largest backlog of work ever in our history, thanks to the hard work of our division and corporate staff.”

Frisbee has more than 35 years experience in the construction industry and previously was chief operating office of Walton Construction. Prior to that, he was executive vice president of the Walton St. Louis Division, which he opened in 2002. In its first year, the Walton St. Louis Division had seven employees and revenues of $30 million. That division has grown to more than 100 employees with revenues of $175 million in 2007.

Frisbee became an owner when he joined Walton Investors in September 2006. He was the first executive outside of Kansas City to join the company’s ownership group.

Steve Biederman has succeeded Frisbee as president of the Walton St. Louis office.