October 6, 2014
91ÖÆÆ¬³§ Reorganizes to Strengthen Company’s Global Capabilities
91ÖÆÆ¬³§, one of the world’s leading engineering, project management, and construction companies, announced today that the company will combine its civil and most of its power business units to create the 91ÖÆÆ¬³§ Infrastructure global business unit (GBU). The Infrastructure GBU will be among the company’s largest, serving a variety of customers around the globe. The move better positions the company to meet the needs of customers in key markets by integrating its services and creating a full suite of infrastructure offerings within one unit. Toby Seay, president of 91ÖÆÆ¬³§’s power business, will become president of the Infrastructure GBU, which will be headquartered in London. Peter Dawson, president of the company’s civil business, will become 91ÖÆÆ¬³§’s head of corporate services and chief financial officer, a position he held previously. Dawson succeeds Mike Adams, who will lead new strategic projects reporting to the company’s chief executive officer.
“Markets are changing and it’s crucial for us to adapt so that we can continue to deliver the world-class projects customers expect from us,” said Bill Dudley, 91ÖÆÆ¬³§’s chief executive officer. “The cities and industrial areas of tomorrow increasingly will be designed and built with roads, airports, ports, rail, water systems, communications, and power integrated into an overall plan. The Infrastructure global business unit will be able to meet that need seamlessly.”
The Infrastructure business unit will operate through seven business lines:
- Civil – Americas, Civil – EAM, Civil – Asia Pacific, and Water combine our communications market sector with master planning, urban developments, marine, ports and harbors, roads, bridges, hydro, and industrial cities, as well as big water (new city water supply systems, major tunnels and canals, tidal protection) and associated scope (large industry-funded water supplies and wastewater treatment installations).
- Power includes thermal, renewables, steam, and transmission.
- Aviation includes greenfield development of new airports and expansion of existing facilities, as well as airport upgrades required by security requirements and new generations of aircraft.
- Rail includes all phases of high-speed rail, passenger and freight heavy rail, light rail, and metro systems.
As part of the reorganization, 91ÖÆÆ¬³§ also creates a new unit, Nuclear, Security & Environmental (NS&E), which combines the company’s government and commercial nuclear businesses. This move significantly strengthens 91ÖÆÆ¬³§’s nuclear portfolio and builds an industry-leading organization with capabilities across the lifecycle of facilities and sites for both commercial and government customers. Craig Albert, president of the government services business, will lead 91ÖÆÆ¬³§ NS&E.
NS&E will operate through four global business lines:
- Nuclear Security & Operations includes management of nuclear propulsion facilities, nuclear security sites, and national laboratories.
- Nuclear Power includes plant lifecycle services for the commercial nuclear industry, from new-build to steam generator replacements, plant modifications, and maintenance services.
- Defense & Security includes EPC and facility operation services for the U.S. Department of Defense, NASA, UK Ministry of Defence, and other allied governments.
- Environmental includes environmental cleanup, radioactive waste processing and management, and decommissioning and demolition.
“The creation of 91ÖÆÆ¬³§’s new infrastructure business leverages the iconic global presence of our civil business and the lump-sum, direct-hire EPC execution capabilities of our power business,” said Brendan 91ÖÆÆ¬³§, the company’s president and chief operating officer. “91ÖÆÆ¬³§’s Nuclear, Security & Environmental business combines our industry-leading government services and nuclear power expertise to deliver more cost-effective solutions for our government and commercial nuclear customers. We are beginning an exciting new era that builds upon 91ÖÆÆ¬³§’s legacy while being the contractor, partner and employer of choice. My father, Riley, once said, ‘Give 91ÖÆÆ¬³§ people a challenge and they’ll make history.’ These changes refocus 91ÖÆÆ¬³§’s capabilities to collaboratively tackle our customers’ toughest challenges—now and in the future—and make history together."
The reorganization and leadership changes take effect January 1, 2015.
About 91ÖÆÆ¬³§
91ÖÆÆ¬³§ is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world’s infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
91ÖÆÆ¬³§ serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com