– USA, CA – AECOM (NYSE: ACM), the world’s premier infrastructure consulting firm, today announced the nominations of Diane Creel and Sander van’t Noordende for election to its Board of Directors as new independent directors at the 2021 AGM, to occur on February 24, 2021.
Ms. Creel and Mr. van’t Noordende will begin onboarding immediately and will formally join the board at the 2021 AGM.
The company also confirmed that Lydia Kennard, whose appointment was previously announced, will join the Board effective December 14, 2020.
Dr. Robert J. Routs will retire from the Board and not stand for re-election at the 2021 Annual Meeting.
As previously disclosed, Steven Kandarian will not stand for re-election at the 2021 Annual Meeting.
“AECOM has transformed itself into a premier Professional Services business, and the additions of Diane, Sander and Lydia will further strengthen our Board as we execute our strategy focused on generating value for all of our stakeholders,” said Board Chairman, Doug Stotlar.
I“Together with Starboard, we have thoughtfully pursued the evolution of our Board to best support our company’s strategy and will now benefit from an exceptional combination of specialized skillsets and expertise. The completion of this process puts our company on a stronger path forward that will benefit all AECOM stakeholders. The AECOM board is comprised of highly respected industry leaders that bring a broad array of expertise to best guide the Company as it advances its strategy to set a new standard of excellence in the Professional Services industry.”
Mr. Stotlar continued, “On behalf of our Board, I thank both Rob and Steve for their significant contributions to our company over the years and wish them the best in their future endeavors.”
Peter Feld, managing member of Starboard Value said, “We are pleased with these additional changes to the board of AECOM resulting in seven of the eleven board members having been appointed within the past year. AECOM is an industry leader with significant opportunities for growth and continued margin expansion. We are pleased with the recent trajectory of improved financial results and we believe AECOM remains significantly undervalued with great opportunities ahead to create value for the benefit of all shareholders.”
About Diane Creel
Diane Creel is an experienced engineering and construction industry professional who has served in chief executive and public company director roles. She previously served as Chairman and CEO of Ecovation, a leading wastewater management company, before the sale of the company to Ecolab. Also, as Chairman and CEO, she helped build and lead Earth Tech, a consulting and engineering firm that was subsequently acquired by AECOM. She has served on several industry boards, including the URS Corp. and Foster Wheeler boards, and now serves on the Allegheny Technology, TimkenSteel, and Enpro boards.
She holds a master’s degree in communications from the University of Southern California.
About Sander van’t Noordende
Sander van’t Noordende is an experienced executive in the professional services industry, having most recently served as the Global Chief Executive of the Products Operating Group at Accenture, a global professional services company with leading capabilities in digital, cloud, security, and operations. He also currently serves on the board of several organizations, including Micro Focus, a leading infrastructure software company with global scale, and Out & Equal, a nonprofit organization dedicated to achieving lesbian, gay, bisexual, and transgender workplace equality.
He holds a degree in Industrial Engineering, specializing in Finance and Marketing, from the Eindhoven University of Technology, Netherlands.
About Lydia Kennard
Lydia Kennard is a respected leader with deep industry expertise who currently serves as the President and CEO of KDG Construction Consulting and as a founding principal of Airport Property Ventures. Her professional career has spanned aviation, construction management, corporate law, real estate development, and urban planning, as well as serving as a director and trustee for several publicly traded companies and nonprofit organizations. She currently serves as a member of the board of directors of Prologis, an industrial REIT, Freeport-McMoRan, a natural resources company, and Healthpeak Properties, Inc., a healthcare REIT.
She holds a Juris Doctor degree from Harvard Law School, a master’s degree in City Planning from the Massachusetts Institute of Technology, and a bachelor’s degree in Urban Planning and Management from Stanford University.
About AECOM
AECOM is the world’s premier infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design, and engineering to program and construction management. On projects spanning transportation, buildings, water, energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity, and inclusion, and a commitment to environmental, social, and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.2 billion in the fiscal year 2020.
For more information: https://aecom.com/
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