Tag Archives: Michael Burke

Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke Quoted

Affiliates of private equity firms Lindsay Goldberg and American Securities have completed the acquisition of AECOM’s (NYSE: ACM) management services business for $2.4B. “We are pleased to complete this value-enhancing transaction, which further hones our focus on our Professional Services business and we expect will enable us to accelerate debt reduction and share repurchases,” Michael Burke, chairman and CEO of AECOM, said in a statement published Monday.

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Starboard Recommends Three New Directors to AECOM Board; Michael Burke Quoted

Starboard Value, a New York-based investment adviser and a shareholder of AECOM (NYSE: ACM), has recommended three independent directors for appointment to AECOM’s board under a governance agreement. AECOM said Friday Peter Feld, a managing member of Starboard, and Robert Card, president of executive advisory services firm The Card Group, will immediately join its board, while Jacqueline Hinman, former chairman, president and CEO of CH2M Hill, will assume duties as a board member on Dec. 16.

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AECOM Board OKs Management Services Group Spinoff Plan

The board of directors at AECOM has approved the company’s plan to separate its management services business as a new publicly traded company that will primarily serve national government clients. AECOM said Monday it expects to complete the spinoff in the second half of its 2020 fiscal year and retain John Vollmer, the segment’s president and a 2019 Wash100 winner,  along with the current management team in the leadership of the future independent company.

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AECOM Promotes Fred Werner as President of Major Pursuits; Michael Burke Comments

Fred Werner, formerly president of AECOM‘s (NYSE: ACM) design and consulting services group in the Americas, will assume a new role as president of major pursuits in line with the company’s strategy. The global infrastructure firm said Monday the appointment is part of efforts to build a diversified executive leadership team that …

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November 14 Market Close: GovCon Index Posts 4th Straight 1%-Plus Gain, AECOM Surges on CEO’s Infrastructure Comments

Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered …

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Troy Rudd Promoted to EVP, CFO at AECOM; Michael Burke Comments

Troy Rudd, formerly senior vice president and treasurer of AECOM (NYSE: ACM), will assume the roles of executive vice president and chief financial officer at the company on Oct. 5. AECOM said Tuesday former President and CFO Stephen Kadenacy will continue as president and take additional operational duties. Keenan Driscoll will succeed Rudd …

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Ret. AF Gen. Janet Wolfenbarger Named to AECOM Board; Michael Burke Comments

Janet Wolfenbarger, former commander of the U.S. Air Force Materiel Command and a retired four-star general, has been appointed to the board of directors at AECOM (NYSE: ACM) in a move that officially takes effect Saturday. She has led AFMC operations over the past three years and her prior roles also include vice …

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Michael Burke Adds Role of Board Chairman at AECOM

Michael Burke, CEO of AECOM (NYSE: ACM), has been appointed chairman of the company’s board of directors in addition to his current position. Burke succeeds John Dionisio, who recently retired from the executive chairman role and will remain as a member of the board, AECOM said Wednesday. “I would like …

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Carla Christofferson Joins AECOM as EVP, General Counsel; Michael Burke Comments

Carla Christofferson, formerly a managing partner at O’Melveny & Myers LLP, has joined AECOM (NYSE: ACM) as executive vice president and general counsel. She will be based at AECOM’s Los Angeles headquarters and oversee the company’s global legal function, AECOM said Monday. “I am confident that Carla’s proven track record will augment …

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Report: Michael Burke Details Leadership Moves in AECOM-URS Combination

AECOM (NYSE: ACM) and URS Corp. (NYSE: URS) will have a restructured senior management setup after the completion of their $4 billion merger, Building.co.uk reported Wednesday. Vern Pitt writes that Michael Burke, AECOM president and CEO, has told employees that the integrated company will comprise of four operating groups and a business development organization that …

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