MONTREAL, August 10, 2012 /PRNewswire/ --
Robert G.
Card selected to head multinational E&C company
SNC-Lavalin (TSX: SNC) is pleased to announce that, effective
October 1, 2012, Robert G. Card will become its new President and
CEO, and a member of the Board of Directors.
After a global search, Bob Card
was selected based on his excellent credentials in leading
engineering, construction and operations businesses
internationally. He earned a Masters degree in Environmental and
Civil Engineering from Stanford and
attended Harvard. Card has almost 40
years of experience in the operations and management of
infrastructure and energy projects in the industry and with the
CH2M Hill Companies Ltd. group, a Fortune 500 engineering services
firm with 30,000 staff, a presence in more than 80 countries and
$6B in revenues.
At CH2M Hill, he held a variety of positions, including
President and Group Chief Executive of the International division;
President of the Government, Environment & Nuclear division;
President of the Facilities & Infrastructure division; and
President of the Energy, Water & Facilities division, as well
as having been on the Board of Directors. From 1996 to 2001, Card
oversaw the execution of a $7 billion
project for the operation, cleanup and decommissioning of the Rocky
Flats nuclear facility for the U.S. Department of Energy. More
recently, he also acted as COO for the consortia responsible for
the successful delivery of the highly challenging £9.2B
($15B) London Olympics complex, which
included everything from the design and construction of all
facilities, utilities and transportation right through to the
planning of site demolition and remediation, all on time and on
budget.
Between 2001 and 2004, he acted as Under Secretary to the U.S.
Department of Energy, a Senate-approved presidential appointment in
which he oversaw 65,000 federal and contract employees, and a
budget in excess of $14 billion.
Card has broad experience in the areas of infrastructure
development; nuclear, fossil and renewable energy; water and waste
management; mining; the environment; transportation; and climate
change and technology. His expertise in delivering large-scale
energy and infrastructure projects around the world will stand him
in good stead in his new role as CEO and President of one of the
world's largest engineering and construction firms.
"We considered several strong candidates from Canada and around the world," said
Gwyn Morgan, Chair of the Board.
"Our key focus was to identify an experienced senior leader with
both an extensive background in the international engineering and
construction (E&C) sector and a deep understanding of the
complexities of operating internationally. In addition to having
lived and worked in Canada, the
U.S. and abroad, Bob has also gained important leadership
experience within the public sector. The Selection Committee's
lengthy and thorough interviews, followed by an assessment by the
entire Board and independent, external corroboration all reveal an
exceptionally intelligent, energetic and ethical leader,
well-equipped to deal with both the specific issues that face
SNC-Lavalin and the broader strategic challenges of global
political and economic changes."
"SNC-Lavalin has long been known as an international player with
significant credibility in the E&C sector globally and
excellent people," says Card. "I am excited about the enormous
opportunity that this company represents. I'm looking forward to
getting acquainted with the company's leaders and to developing a
better understanding of the next steps to be undertaken. My wife
Nancy and I are looking forward to moving to Quebec and especially to learning to speak
French, which is such an integral part of this global firm's
heritage. Montreal is an
international, cosmopolitan city and a great place to have a world
headquarters."
Please note that a web-accessible
press conference for media and the analyst community will be held
on October 1, 2012, the day that Mr.
Card assumes his new role, with further information to follow.
SNC-Lavalin is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure, and in the provision of operations and maintenance
services. SNC-Lavalin has offices across Canada and in over 40 other countries around
the world, and is currently working in some 100 countries.
http://www.snclavalin.com.
SOURCE: SNC-LAVALIN
For further information:
Media:
Leslie Quinton
Senior Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc.
+1-514-390-8000, ext. 7354
leslie.quinton@snclavalin.com
Investors:
Denis Jasmin
Vice-President, Investor Relations
SNC-Lavalin Group Inc.
+1-514-390-8000, ext. 7553
denis.jasmin@snclavalin.com