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

Grant Prior 3 days ago

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

Massive Stewart Milne development goes into administration

Countesswells new town now in hands of administrators
1 day ago

Ex-Laing O’Rourke boss to head rejigged BAM UK business

BAM names new chief for combined UK and Ireland businesses in growth push
2 days ago

Robertson submits £150m Cardiff Arena plan

Arena work to start next Autumn with wider Atlantic Wharf regen scheme to follow
2 days ago

HS2 pioneers first ‘box-slide’ bridge over motorway

BBV will start initial site preparation over the Christmas holiday period
2 days ago

Rocks smash site huts as quarry blast goes wrong

Breedon Trading Ltd fined £300,000 after court hears worker was forced to run for cover
2 days ago

Sellafield names £250m HVAC key delivery partners

Balfour Beatty Kilpatrick and EJ Parker Technical Services take first integrated team deal
3 days ago

Cut-price home builds quadruple maintenance cost

Mount Anvil study attempts to quantify link between Capex and Opex costs
2 days ago

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

New CEO Seamus French to join from mining giant Anglo American
3 days ago

TClarke on track for £500m revenue target

Orders surge to £525m setting fresh record for M&E specialist
3 days ago

Northern contractors still reeling from rail cancellations

Firms fear "economic black hole which will have a huge impact on regional SME contractors"
3 days ago

Go-ahead for McAlpine’s £43m Edinburgh concert hall job

Work to start next year on first concert venue in Edinburgh for over 100 years
3 days ago

Miller Homes fined £200,000 for polluting dyke

Court hears details of second incident at same Huddersfield site
3 days ago

Plans in for £60m Stoke goods yard quarter

Bowmer & Kirkland are working on the scheme under a pre-construction agreement
3 days ago

Quinn Infrastructure goes into administration

Rail M&E specialist contractor stops work on sites
4 days ago

Farrans to build £30m rotating Glasgow footbridge

Steel price rises blamed for 40% jump in rotating bridge cost
4 days ago

Brickability buys renewable energy specialist

Materials distributor buys new housing green energy specialist
4 days ago

RSK swoops for Yorkshire surveying specialist

Infrastructure surveying specialist Centara employs 60 staff
4 days ago

Former Amey director takes reins at renamed SSE Contracting

Zak Houlahan to lead Enerveo from December
4 days ago

Bouygues wins £30m Swansea zero carbon office

Firm to break ground in coming weeks on The Kingsway project
4 days ago

Sisk names new UK framework director

Rebecca Hartshorn to take on Scape framework development
4 days ago

Expanded starts work on giant HS2 station box

Construction will see 690,000 cubic metres of clay removed
5 days ago

Builders slam plans for electric car chargers in all new homes

Construction firms will foot the bill while electricity companies make the profits
5 days ago

Kier set for £32m Bournemouth council flats job

Work to start next year on four blocks of flats rising to 10 storeys
5 days ago

Severfield rises with record orders after strong first half

Orders soar to nearly £400m after Everton stadium award, shed and HS2 wins
5 days ago

Plans in for Manchester Red Bank enabling works

Council plans to spend £51m preparing way for up to 5,500 homes on old railway sidings
5 days ago

Triton bags biggest shed job yet

Firm eyes big shed delivery market after Stakehill 185 wins
5 days ago

Driver crushed between vehicles at builder’s merchant

Company fined £180,000 after court hears banksman had left yard area
5 days ago

£610m finance deal for Moda build-to-rent housing

£1.7bn Moda project pipeline targets Birmingham, Brighton & Hove and London
6 days ago

GMI names head for new North East business

GMI completes build-up of new north east team for regional expansion drive
5 days ago

National Highways halts first Smart motorway job

Balfour Beatty's £140m M3 smart motorway job put on hold
6 days ago

Contractor services