Home Commercial News Laing O’Rourke Chairman Announces Decision to Step Down

Laing O’Rourke Chairman Announces Decision to Step Down

152
0
Laing O’Rourke Chairman Announces Decision to Step Down

Ray O’Rourke will assume the role of Chairman in April, following Sir John’s decision to step down at the close of the group’s financial year.Having stepped down as CEO last year to take on the role of Deputy Chair, Ray O’Rourke passed the leadership baton to his son, Cathal, as the new CEO.  Reports Contract Journal

Ray O’Rourke said: “On behalf of Laing O’Rourke, I extend our heartfelt gratitude to Sir John for his contribution to our business. We are deeply grateful for his steadfast stewardship and tireless commitment which has been instrumental in bringing our vision and purpose to life.

“Testament to that commitment, Sir John has agreed to retain an ambassadorial role, which will ensure the company continues to benefit from his experience and wise counsel.

“I am delighted to confirm that I have agreed to take on the role of Chair of the Group with effect from 1 April 2025. I am looking forward to working with my son, our Group CEO, Cathal O’Rourke and our Board members as we continue to implement our strategy to push the boundaries of modern construction – which is the only way to change the nature of the work we do.

“I have spent my entire career in this industry, spanning some 50 years and I believe it is the best industry there is, but I also know, now is the time to make the step change needed to improve the way we deliver major infrastructure – for our people, our clients and our delivery partners.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here