Ray O’Rourke to step down from Group Chief Executive role

Grant Prior 4 years ago
Share

Ray O’Rourke is stepping down as Group Chief Executive of Laing O’Rourke next September.

The firm’s founder and majority shareholder will be succeeded by Seamus French who is currently CEO of mining giant Anglo American’s Bulk Commodities and Other Minerals division.

French will will join the O’Rourke leadership team in January – initially as Managing  Director of the Europe Hub and CEO-designate, on a three-year contract.

The appointment to first lead the Europe business will allow an orderly CEO  handover from Ray  O’Rourke to French following the delivery of the FY22 (April 2021 – March  2022) trading period, audit and accounts. French will then be Group CEO and Europe  Hub MD.

He has already spent 18 months with O’Rourke  as a Non-Executive Director.

O’Rourke chairman Sir John Parker said: “The Board and I have witnessed the extensive plc and international company  operating experience that Seamus brings to the role.

“He is a world-class executive with  rich engineering experience, a successful leadership and project track record, and  deep knowledge of our operating markets.”

French said: “I am honoured that the Board has given me the opportunity to lead the business.

“During my time on the Board, I have been hugely impressed by  Laing O’Rourke’s team, its technical and engineering expertise, the  current portfolio of projects and strong order book. It has a compelling  vision to transform construction and to build safely and sustainably, while  always caring for its people.

French has been a non-exec director at O’Rourke for 18 months

“Ray, Des and the leadership team have set some very exciting ambitions for the next few years and I’m confident we have the people  and experience to achieve those goals, while continuing to push the  boundaries of what’s possible in this vital industry.”

Ray O’Rourke, 74, recently confirmed plans to float the business by 2024 with his succession part of that process.

His decision to step down comes almost 45 years after he and his brother Des began in the business with a single £2500 concrete structures project.

Ray O’Rourke will join Des as a Deputy Chairman of the Group and continue his focus on innovation, people development and major clients.

In Australia Managing Director Cathal O’Rourke has also decided to step down in April with current Group Director of Strategy and Transformation Rebecca Hanley to take over.

Latest news

TSL turnover smashes £500m as profit almost trebles

Data centre and logistics contractor rises high on surging demand
1 hour ago

Laing O’Rourke tops June contracts league

£919m animal super lab dominates new orders
2 hours ago

Gleeson Homes chief exec leaves business after restructure

Management revamp after "challenging" year
1 hour ago

Green light for 1,600-home Oldham town centre overhaul

Plans for over 1,600 homes across six regeneration sites approved
2 hours ago

DSM wins Norwich city centre clearance job

Anglia Square shopping centre clearance for £300m scheme
2 hours ago

13-year-old becomes UK’s youngest qualified digger driver

Grandson of Gallagher Group chairman sets industry record
10 hours ago

Cubby reborn in £12m Svella-backed takeover

£50m revenue target set as 14 firms combine under new Cubby Group banner
1 day ago

North East NHS trusts plot £3bn health estate overhaul

Market engagement begins for major construction push across four trusts
1 day ago

HG goes green on cranes in £1.2m switch to battery power

Diesel-free crane drive cuts fuel bills by 94%
1 day ago

Developer fined £165,000 for fire safety failings

Firm ignored fire safety orders on apartment job in Preston
1 day ago

Bidding to start for £1.8bn North West framework

Contractors invited to bid for latest Procure Partnerships deal
1 day ago

Hill hits record £90m profit as homes pipeline swells

Build-to-rent push and £4.8bn contracting book to fuel next growth phase
2 days ago

Rayner unveils £39bn plan to build 300,000 social homes

Council building revival and rent reform feature in social and affordable homes plan
2 days ago

Keltbray bounces back with £3.2m profit

Tighter controls and smarter project selection fuel strong turnaround
2 days ago

VINCI JV wins 500-home twin town centre revamps

Chester Northgate phase 2 and Northwich Weaver Square schemes move to delivery stage
2 days ago

80 energy projects unlocked as Ofgem backs grid expansion

£24bn energy networks deal gets green light from regulator
3 days ago

How to see your stories on the Enquirer

Join our Suppliers and Buyers directory to get your news published
2 days ago

Henley lands Midland Mill revamp on Leeds tower scheme

Restoration of 18th-century mill kicks off on South Bank regeneration project
2 days ago

New boss at Eric Wright Civil Engineering

Gavin Hulme takes top job as Diane Bourne moves to group role
2 days ago

Pinewood submits £1bn data centre plan

Studio giant adds green and learning spaces to tech hub blueprint
3 days ago

Record results after TClarke goes private

Britain's biggest M&E contractor flourishes after de-listing
3 days ago

Dalkia lands £200m nuclear maintenance deal

1,000 nuclear FM staff to join M&E contractor
3 days ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
4 days ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
4 days ago

Permasteelisa wins cladding deal on Bovis city tower

Facade specialist lands package at 60 Gracechurch Street
3 days ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
4 days ago

Major Building Safety Regulator shake-up to end tower delays

HSE stripped of control and top fire chiefs brought in to fast-track stalled schemes
4 days ago

Hinkley trio sign Sizewell civils deal

Balfour,Bouygues and Laing O'Rourke form Civil Works Alliance for new power station
4 days ago

£3.9bn data centre plan for Ravenscraig steelworks

Green energy to power massive new steel to silicon AI campus
4 days ago

Breakthrough on HS2’s second longest tunnel

8.4 mile Northolt to Old Oak Common drive completes
4 days ago