AECOM Announces New CEO, President
Construction firm AECOM recently announced the appointment of W. Troy Rudd as its new Chief Executive Officer.
Rudd, who is the company’s current Chief Financial Officer, will take over for Michael S. Burke, who announced his plans to retire last fall.
The company also announced the appointment of Lara Poloni, currently AECOM’s Chief Executive of Europe, the Middle East and Africa, to President of AECOM. Both appointments are effective Oct. 1.
“Following a comprehensive six-month search process that considered internal and external candidates, the Board concluded that Troy is best suited to lead AECOM at this pivotal time,” said Steven Kandarian, Lead Independent Director of AECOM’s Board of Directors.
“We enter this new chapter providing greater certainty to all our stakeholders that AECOM is moving decisively to sustain its solid momentum, driven by its ongoing transformation into a professional services business.
“We have full confidence in Troy to define the next, successful era for our organization. His leadership, as well as Lara’s, have contributed to our strong financial performance and the execution of key initiatives that resulted in substantially improved profitability and expanded margins, and transformed our balance sheet with record levels of liquidity.”
About Rudd and Poloni
Since joining AECOM in 2009, Rudd has held key leadership roles, including operational and financial responsibility for AECOM’s Americas Design and Consulting Services business, as well as AECOM Capital, mergers and acquisitions, investor relations, treasury, corporate controllership and financial reporting, risk and controls, and tax and shared services functions.
Rudd has also led the expansion of the company’s design center and shared services center practices, according to AECOM, and has played a critical role in the transformation and growth of the company.
Poloni has held significant leadership positions across her 25-plus year tenure with AECOM, including Chief Executive of AECOM’s Australia and New Zealand operations from 2014 before moving into her current Chief Executive of EMEA role in October 2017.
The company adds that Poloni’s “institutional knowledge of global infrastructure markets, deep experience across AECOM’s sectors and commitment to inclusion, diversity and leadership development position her to excel in this role.”