John H. Sottile was elected Chairman of the Board of Directors in June 1998. John joined The Goldfield Corporation as a Management Trainee in June of 1971 after graduating from the University of Miami. In September 1983, Mr. Sottile was elected to the Board of Directors and President of the Company, and in 1985, was elected Chief Executive Officer.

Thomas E. Dewey, Jr. became a member of the Board of Directors of The Goldfield Corporation in 2002. Mr. Dewey has served as Chairman of the Audit Committee since 2005. He is currently an investment banker with Dewey Devlin & King LLC. He was formerly a Founding Partner and later Member of McFarland Dewey & Co., LLC, New York, NY from 1989 until 2004. Mr. Dewey has been a Trustee of Scripps Research Institute since 2001 and has served Lenox Hill Hospital as an active Trustee since 1959 and Chairman Emeritus since 1993. Mr. Dewey also served as Vice Chairman of the New York City Housing Development Corporation from 1972 to 1989. He has testified extensively as an expert in litigation involving financial matters and in regulatory proceedings.

Harvey C. Eads has been a member of the Board of Directors of The Goldfield Corporation since 1999. Mr. Eads has served as Chairman of the Benefits and Compensation Committee since 2005. He has served on the Audit Committee since 2000. He has been a member of the Nominating and Benefits and Compensation Committees since 2001. Mr. Eads served as City Manager of Coral Gables, Florida from 1988 to 2001 and during his tenure, municipal bonds of Coral Gables earned AAA Bond Ratings from both Standard and Poor's and Moody's. He has been a commercial real estate investor since November of 2001 and served as interim Chief Operating Officer of Alpha-1 Foundation, a non-profit corporation, from February 2003 until July of 2003. Mr. Eads is a graduate of the University of Miami and earned a Master's Degree from the University of Oklahoma.

John P. Fazzini has been a member of the Board of Directors of The Goldfield Corporation since 1984. He has served on the Benefits and Compensation Committee and the Nominating Committee since 1994 and 1999, respectively. Mr. Fazzini also served on the Audit Committee from 1985 to 2006. He is a real estate developer and has been President of Bountiful Lands, Inc., a real estate development corporation, since 1980. Mr. Fazzini currently serves on the United States Department of Agriculture Central Florida Resource Conservation and Development Council and has served on the Board of the Anasazi Wilderness Foundation in Mesa, Arizona since 1985.

Danforth E. Leitner became a member of the Board of Directors of The Goldfield Corporation in 1985. Mr. Leitner has served on the Nominating Committee since 1985 and currently serves as Chairman of this Committee. He has been a member of the Audit Committee since 1998 and the Benefits and Compensation Committee since 2001. Mr. Leitner founded The Leitner Company, a real estate sales and appraisal company in North Carolina, in 1983 and served as President until his retirement in May of 2002. He served on the Board of Equalization and Review in Henderson County, North Carolina for four years from 1999 to 2002. Prior to his move to North Carolina, Mr. Leitner was a Florida real estate broker and commercial real estate investor from 1973 to 1980.

Al M. Marino has been a member of the Board of Directors of The Goldfield Corporation since 2001. He has served on the Audit Committee since 2002. Mr. Marino is currently a professional investor. Mr. Marino operated A. M. Marino Design in Massachusetts from 1986 to 2006, specializing in residential design. He is a graduate of Manhattan Technical Institute and the Boston Architectural Center with a five-year Professional Degree in Architecture. Mr. Marino holds a Massachusetts Construction Supervisors License.

Dwight W. Severs became a member of the Board of Directors of The Goldfield Corporation in 1998. He served as Secretary of the Company from 1999 until 2003. He has served as City Attorney for the City of Titusville, FL since January 1999. Mr. Severs has been a Principal for the firm of Dwight W. Severs & Associates, P.A. (a law firm) since March of 1998 and has represented clients in environmental issues including EPA and enforcement issues, land development legal matters, permitting issues and land use litigation.