AECOM announced executive leadership appointments for Fred Werner, Steve Morriss and Lara Poloni, effective immediately. The promotions create a strengthened Executive Leadership Team with diverse expertise in place to best achieve the Company’s goals and strategic priorities.
AECOM released its LA River Gateway revitalization proposal, an integrated framework that, if fully implemented, can create benefits for communities along the river’s banks while helping generate new economic prospects, the firm said.
AECOM announced a formalized capital allocation policy that provides specificity on intended future uses of capital, including the authorization by the company’s Board of Directors of a new $1 billion stock repurchase program.
Matthew (Matt) G. Cummings, P.E., a Philadelphia-based executive vice president with global infrastructure company AECOM, was elected 2017-2018 American Road & Transportation Builders Association (ARTBA) chairman.
Hyperloop One announced Colorado as one of the 10 winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Hyperloop One and the Colorado Department of Transportation (CDOT) —with support from AECOM — will enter a public-private partnership to begin a feasibility study in Colorado that considers a Front Range route from Cheyenne to Pueblo.
Hyperloop One announced the winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Following a close assessment of the proposals by a panel of experts in infrastructure, technology and transportation, 10 teams from five countries were chosen from among hundreds of applicants.
Governor Terry McAuliffe joined the Virginia Department of Transportation (VDOT) and its private partner and operator of the I-95 Express Lanes, Transurban, to break ground on the start of construction of an eight-mile extension of the I-395 Express Lanes.
AECOM reported third quarter revenue of $4.6 billion. Net income and diluted earnings per share were $101 million and $0.64 in the third quarter, respectively.
AECOM and Shimmick Construction announced a definitive agreement for AECOM to acquire Shimmick, an established company in the California and Western U.S. heavy civil construction market.