Balfour Beatty plc, the international infrastructure group, has announced that Leo Quinn will step down from the Board later this year, after over 10 years as Group Chief Executive.
Following an extensive international search, Philip Hoare, Chief Operating Officer, AtkinsRéalis, has been chosen by the Board to succeed him and will join the Group in September of this year.
Philip, a civil engineer, has built his 30-year career in the industry at AtkinsRéalis Group Inc., a 39,000 strong global engineering services and nuclear enterprise with annual revenues of CAD $9.4 billion (£5.1 billion) and listed on the Toronto Stock Exchange. With his extensive leadership experience in the engineering, project management and construction sectors, the company says he has been fundamental to its growth and performance, first as CEO of Atkins in the UK and Europe, and then as President of the global Engineering Services business.
In January 2024, he was appointed Chief Operating Officer of the transformed group to drive growth and performance across the company and lead a diverse portfolio of significant international projects.
Following Philip’s appointment to the Board in September, Leo will continue in an advisory capacity for several months to ensure a seamless transition.
Charles Allen, Lord Allen of Kensington, CBE, Balfour Beatty Group Chair, said:
“I am delighted Philip will join the Group as Chief Executive. The selection process made clear that his depth of industry knowledge and his experience in delivering a profitable growth strategy across multiple geographies make him the ideal person to drive forward the Group’s success in our chosen markets.
“On behalf of the Board, I pay tribute to Leo for his exceptional and inspirational leadership of both Balfour Beatty and the industry over the last decade.
“Leo has transformed Balfour Beatty into a strong, resilient Group, setting it firmly on a trajectory of profitable growth. This is underpinned by a culture across its workforce which is committed to expertise, discipline and excellence, resulting in a trusted reputation for delivering value for all stakeholders.”
