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Aecon appoints new company CEO

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Aecon Group Inc. has announced that its board of directors will appoint Teri McKibbon, currently president and chief operating officer, as the company’s president and chief executive officer, effective June 11. John M. Beck will become executive chairman and will continue to serve the company on a full time basis.

TORONTO

Aecon Group Inc. has announced that its board of directors will appoint Teri McKibbon, currently president and chief operating officer, as the company’s president and chief executive officer, effective June 11. John M. Beck will become executive chairman and will continue to serve the company on a full time basis.

“The board has been working toward our succession plan and is committed to ensuring a smooth transition,” said Brian V. Tobin, vice-chair and lead director.

“We would like to extend our deep appreciation to John Beck and his leadership in bringing Aecon to its position today as Canada’s premier construction and infrastructure development company. Teri McKibbon has proven himself as a strategic, disciplined and focused executive as well as being a collaborative leader.”

“I have every confidence that Teri will lead Aecon with distinction and a relentless focus on execution,” said Beck. “He has been at the forefront of our paramount objective of improving margins and consistent financial performance, and of Aecon becoming the Canadian-based partner-of-choice for large-scale construction projects.”

by Dcn News Services

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