{"id":32303,"date":"2025-09-14T08:53:24","date_gmt":"2025-09-14T15:53:24","guid":{"rendered":"https:\/\/essential.construction\/news\/balfour-beattys-new-ceo-starts-work\/"},"modified":"2025-09-14T08:53:24","modified_gmt":"2025-09-14T15:53:24","slug":"balfour-beattys-new-ceo-starts-work","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/balfour-beattys-new-ceo-starts-work\/","title":{"rendered":"Balfour Beatty\u2019s new CEO starts work"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/img\/play.svg?500116090725\" alt=\"-\"><br \/>\n        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">2 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1757682081\/news\/text_to_speech\/balfour-beatty-new-ceo-philip-hoare_eb4sex.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<p><span><span><span><span><span><span>Balfour Beatty, the London-based construction giant and a leading infrastructure builder in the U.S., has a new CEO.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Following the March announcement that former CEO <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/balfour-beatty-ceo-step-down-leo-quinn\/741879\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Leo Quinn would step down<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, the company completed its transition and <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.balfourbeatty.com\/media-centre\/latest\/philip-hoare-joins-balfour-beatty-as-group-chief-executive\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>elevated Philip Hoare to the new group chief executive role<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to a Sept. 8 news release.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span><span>Hoare<\/span>, a civil engineer by background, brings 30 years of engineering, project management, and construction experience to the role, per the release. Prior to joining Balfour Beatty, he was the chief operating officer of AtkinsR\u00e9alis, an engineering and nuclear services business based in Montreal.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cThe financial and operational strengths of the Group- including market-leading capabilities in core growth markets- place us in a strong position for the future,\u201d Hoare said in the release. \u201cWith significant opportunities ahead and a talented team in an industry that is rapidly evolving, I am <span>energised<\/span> by both the challenge and the responsibility.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<figure class=\"image-right inside_story\">\n<div class=\"figure_content\">\n<div><img decoding=\"async\" alt=\"A headshot of Philip Hoare\" data-imagemodel=\"185814\" src=\"https:\/\/imgproxy.divecdn.com\/ga-nzZ1lk3DCv9xU1DwsrNLnSuJBuDrj9zsWKHet8rw\/g:nowe:120:0\/c:864:1080\/rs:fit:0:860\/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS8yNjI3OTQ3Nzk0LXBoaWxpcC1ob2FyZS53ZWJw.webp\"\/><\/div>\n<\/div><figcaption class=\"inside_story_caption\">\n<p>Philip Hoare<\/p>\n<p>Courtesy of Balfour Beatty<\/p>\n<p>\u00a0<\/p>\n<\/figcaption><\/figure>\n<p><span><span><span><span><span><span>Hoare takes over in a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/construction-dive-august-2025-economic-roundup\/759590\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>construction landscape both uncertain and optimistic<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> amid a swath of infrastructure spending across the country. Indeed, construction planning is up 51% year-over-year in the U.S., which points to stronger construction activity in 2026 and 2027. However, that uncertainty over President Donald Trump\u2019s <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/rising-materials-costs-test-construction-producer-price-index\/759940\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>tariff policies and still-rising material costs<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> could still lead to swings in planning numbers.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Despite that backdrop, Quinn sounded a note of optimism as he stepped aside.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cI\u2019m very confident with the momentum in the business on the rising tide of infrastructure that we\u2019ll be actually delivering significant shareholder returns into the future,\u201d Quinn said during <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/balfour-beatty-earnings-us-challenges\/757678\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>the company\u2019s Q2 earnings call<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> on Aug. 13, his last as CEO.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/balfour-beatty-new-ceo-philip-hoare\/759945\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Balfour &#8230; <a title=\"Balfour Beatty\u2019s new CEO starts work\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/balfour-beattys-new-ceo-starts-work\/\" aria-label=\"Read more about Balfour Beatty\u2019s new CEO starts work\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-32303","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/32303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=32303"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/32303\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=32303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=32303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=32303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}