Ruth McMorrow, formerly executive vice president of Parsons‘ enterprises business, has been promoted to president of the unit focused on the development of concession-based businesses.
Parsons said Wednesday McMorrow will oversee merger-and-acquisition transactions in her new position and report to Virginia Grebbien, Parsons corporate executive vice president and chief of staff.
“Ruth’s deep understanding of our business, her wealth of knowledge, and her vast experience in the North American state, provincial, and municipal financial arena will continue to advance our strategic objectives,” said Grebbien.
McMorrow joined Parsons from Scotia Capital where she worked as managing director and led the bank’s expansion efforts in U.S., Europe and Asia Pacific.
The 35-year investment banking and capital financing veteran also served as managing director of Depfa Bank and finance commissioner for the County of Orange in New York, among other roles.