Balfour Beatty today announces that Ian Tyler will hand over to Andrew McNaughton as Chief Executive, effective from 31st March, 2013. Andrew will take over leadership from Ian Tyler, who has led the organisation successfully for eight years. Ian will remain with the Group until 30th April to ensure a smooth transition.
Andrew McNaughton is currently Deputy Chief Executive and Chief Operating Officer. He joined Balfour Beatty in 1997 and was appointed to the Board in 2009 as Chief Operating Officer, leading the worldwide operations for the last three years where he has been instrumental in developing the Group’s global strategy to move into higher growth sectors and geographies. In line with the Board’s succession plan, he was promoted to Deputy Chief Executive on 1st July 2012, at which point he assumed additional responsibility for the Investments division and for various global functions including Health & Safety and Human Resources. Andrew is a chartered civil engineer and Vice-President of the Institution of Civil Engineers.
Steve Marshall, Chairman, said “The Board is delighted that someone of Andrew’s calibre has developed from within the business and is now ready to take over the role of Chief Executive from Ian. Andrew has a deep understanding of our customers and operations, and the relentless drive necessary to successfully deliver the strategy that he has been intimately involved in developing.
“On behalf of the Board, I want to say a huge thank you to Ian Tyler for his outstanding contribution to Balfour Beatty during his sixteen-year career with the Group, including, the last eight years as Chief Executive. During Ian’s tenure, the business has trebled in size, extended its global reach and its capabilities, particularly in developing professional services following the acquisition of Parsons Brinckerhoff in 2009. It is also testament to his leadership that Balfour Beatty has the depth of management talent that has ensured a smooth succession.”
Commenting on today’s announcement, Ian Tyler, Chief Executive, said “It has been a great honour to have been Balfour Beatty’s Chief Executive, and to have led such a talented group of people. Together, we have created one of the world’s leading infrastructure businesses. After eight years, I believe, the time is right to hand over to Andrew to lead the business in the next stage of its development. He will be supported by an experienced Executive Team. I am looking forward to exploring new opportunities outside Balfour Beatty.”
Andrew McNaughton said “It has been a privilege to be part of the leadership team at Balfour Beatty for several years only now surpassed by the opportunity to take over from Ian as Chief Executive. We have a strong company and are in a good position to meet the short term market challenges and take advantage of the longer term opportunities. I am looking forward to building on the solid platform that we have created and leading us to the next stage of strategic growth."
Analyst/investor enquiries:
Basak Kotler
Balfour Beatty plc
Tel. +44 (0)20 7216 6924
Media enquiries:
Rebecca Salt
Balfour Beatty plc
Tel. +44 (0)20 7216 6865
Notes to editors:
Biographical Details – Andrew McNaughton
Career
Balfour Beatty
July 2012 to 2013 - Deputy Chief Executive & Chief Operating Officer
January 2009 to July 2012 - Chief Operating Officer
April 2007 – January 2009 - Group Managing Director
October 2004 to April 2007 - Managing Director – Balfour Beatty Civil Engineering Limited
February 2004 to September 2004 - General Manager – Balfour Beatty Civil Engineering Limited, Infrastructure Services Division
July 2002 to February 2004 - Technical Services Director - Balfour Beatty Major Projects
October 2001 to July 2002 - Operations Director – Balfour Beatty Major Projects
April 1999 to September 2001 - Project Director - Channel Tunnel Rail Link, East Kent Section
July 1997 to April 1999 - Engineering Manager – Balfour Beatty Civil Engineering Limited
Kier Group
1994 to July 1997 - Deputy Project Manager/Chief Engineer - Deeside Roadlink River Crossing, Nth Wales
1992 to 1994 - Deputy Project Manager - M4 Motorway, Briton Ferry South Wales
1991 - Project Manager - Process Manufacturing Installations, Dunkirk, France
1988 to 1991 - Site Agent, Sizewell ‘B’ Power Station CW Works, Suffolk
1987 to 1998 - Design Engineer, Secondment: Gifford and Partners
1985 to 1987 - Site Engineer, Kier Southern
Professional Affiliations and Accreditations
FICE (Fellow of the Institution of Civil Engineers)
Named Civil Engineering Manager of the Year by the Institution of Civil Engineers, 2002
Freeman of the City of London and elected as a Liveryman in the Worshipful Company of Engineers
Vice President of the Institution of Civil Engineers - 2010
Education & Personal
The Royal Hospital School, Ipswich, Suffolk
The University of Nottingham - B Eng (Hons) Degree in Civil Engineering
The University of Reading - MSc Degree in Project Management
Andrew lives in London and has two teenage daughters
1. Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments.
We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise.
Key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail).
The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services.
Balfour Beatty employs 50,000 people around the world.
