Aecom announces board changes following chief executive’s retirement

Aecom, America’s largest design engineer, has announced that Troy Rudd will take over as chief executive after the retirement of Michael Burke, its current chief executive and chairman, on 1 October.

Rudd joined Aecom in 2009, and has overseen operational and financial matters for its Americas Design and Consulting Services business, as well as expanded its design centre and shared services centre practices.

Aecom has also revealed that Lara Poloni, currently the company’s chief executive for Europe, the Middle East and Africa (EMEA), will become Aecom’s new president.

Poloni has worked for Aecom for 25 years, and was chief executive for Australia and New Zealand between 2014 to 2017, before taking her current role in the EMEA branch.

Burke, said: "I have been privileged to lead this incredible organisation and proud to see the positive impact our teams have made in building a better company and a better world.

"Troy has been core to these achievements and I am confident that Aecom will continue to thrive under his leadership. With Lara, their combined tenure and deep familiarity with the Company’s strategic initiatives uniquely position them to lead the firm forward and realise long-term success."

Steven Kandarian, lead independent director of Aecom’s board of directors, said: "We have full confidence in Troy to define the next, successful era for our organisation. 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."

Image: Michael Burke (Aecom)

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