Laing O’Rourke elevates CFO to CEO
Anna Stewart to take-up new position in April 2013
By CFOWorld.co.uk staff | CFO UK | Published 15:21, 04 December 12
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.
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