We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedPeople Management

Laing O’Rourke elevates CFO to CEO


Anna Stewart to take-up new position in April 2013

Article comments

Engineering firm Laing O'Rourke, one of the UK’s largest private contractors, has named CFO Anna Stewart as its new CEO.

In a statement on Tuesday, the firm said Stewart would replace outgoing CEO Ray O'Rourke from April 2013.

Bagging the CEO position marks a steady climb for Stewart who has been at the engineering firm for over 30 years. In 2004, she was appointed group commercial director followed by an elevation to the firm's CFO position in 2010.  

In a statement, group chairman and outgoing CEO Ray O'Rourke said Anna Stewart was the outstanding choice to lead the company. 

"That's because of her excellent track record in helping transform and grow our international presence, her intimate knowledge of Laing O'Rourke's culture and operations, her role in the development of the Group's strategy and her unquestionable passion for realising our future vision," he added.

Responding to her appointment, Stewart said, "Laing O'Rourke is a unique business with leading capabilities in all facets of engineering and construction, a talented leadership team, highly engaged workforce and longstanding client relationships."

"I understand the obligations that come with the role and have committed to the shareholders to turn our highly compelling vision for the future into reality," she added.

Share:

Recommended Articles

Comments

Laing O’Rourke elevates CFO to CEO
People Management

Is the CFO still the sole sacrificial lamb when a company struggles?

Is the CFO still the sole sacrificial lamb when a company struggles?

Tesco's announcement today that boss Philip Clarke is to leave proves that's no longer the casemore ..


Tesco’s Philip Clarke exits after another profit warning

The UK’s largest retailer appoints outsider Dave Lewis, president of personal care at Unilevermore ..

Unemployment falls to near six-year low of 2.12 million

There were 30.64 million people in work in 3 months to May - a leap of 254,000 compared to previous quartermore ..

HP staff in favour of industrial action on jobs

Failure to cooperate with ‘knowledge transfer' may affect DWP and MoJ contractsmore ..

Ten tactics to unleash the potential of Generation Y in finance

Most CFOs are Baby Boomers or Generation X-ers – the difference in mindset is hugemore ..

What's the role of the finance chief in a takeover bid?

With Pfizer's possible takeover of Astrazeneca in the spotlight we take a look at how pivotal the CFO is in such a dealmore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..

Advertisement

* *