AECOM announces appointment of Kristy Pipes to its Board of Directors
September 19 2022 - 3:05PM
Business Wire
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting
firm, announced today the appointment of Kristy Pipes to its Board
of Directors.
Ms. Pipes brings to the Board extensive management, financial
and accounting experience, having held several senior leadership
positions throughout her career, including most recently as
Managing Director and CFO at Deloitte Consulting, a global
management consulting firm. The appointment will be effective on
October 1, 2022, and Ms. Pipes will become a member of the Audit
Committee upon her appointment to the Board.
“I am pleased to welcome Kristy Pipes to our Board of
Directors,” said Douglas Stotlar, AECOM’s chairman of its Board of
Directors. “Kristy’s notable experience, leadership and broad range
of Professional Services industry expertise will bolster our
efforts to advance our strategy as we focus on holistically
advising our clients and capitalizing on increasing long-term
demand for critical infrastructure, sustainability and
resilience.”
From 1999 until her retirement in 2019, Ms. Pipes served in
various roles at Deloitte Consulting, including her positions as
Managing Director and Chief Financial Officer. She currently serves
as a director of Public Storage (NYSE: PSA), as a director of
ExlService Holdings, Inc. (Nasdaq: EXLS), and as a director of
Savers Value Village, Inc., which is an operator of retail stores.
Previously, Ms. Pipes was a director of PS Business Parks, Inc.,
which was a publicly-traded real estate investment trust until
acquired in July 2022.
About AECOM
AECOM (NYSE: ACM), is the world’s trusted 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, new 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 $13.3 billion in fiscal year 2021. See how we are
delivering sustainable legacies for generations to come at
aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of
historical fact are “forward-looking statements” for purposes of
federal and state securities laws, including any statements of the
plans, strategies and objectives for future operations,
profitability, strategic value creation, coronavirus impacts, risk
profile and investment strategies, and any statements regarding
future economic conditions or performance, and the expected
financial and operational results of AECOM. Although we believe
that the expectations reflected in our forward-looking statements
are reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements.
Important factors that could cause our actual results, performance
and achievements, or industry results to differ materially from
estimates or projections contained in our forward-looking
statements include, but are not limited to, the following: our
business is cyclical and vulnerable to economic downturns and
client spending reductions; impacts caused by the coronavirus and
the related economic instability and market volatility, including
the reaction of governments to the coronavirus, including any
prolonged period of travel, commercial or other similar
restrictions, the delay in commencement, or temporary or permanent
halting of construction, infrastructure or other projects,
requirements that we remove our employees or personnel from the
field for their protection, and delays or reductions in planned
initiatives by our governmental or commercial clients or potential
clients; losses under fixed-price contracts; limited control over
operations run through our joint venture entities; liability for
misconduct by our employees or consultants; failure to comply with
laws or regulations applicable to our business; maintaining
adequate surety and financial capacity; potential high leverage and
inability to service our debt and guarantees; ability to continue
payment of dividends; exposure to political and economic risks in
different countries, including tariffs; currency exchange rate and
interest fluctuations; retaining and recruiting key technical and
management personnel; legal claims; inadequate insurance coverage;
environmental law compliance and adequate nuclear indemnification;
unexpected adjustments and cancellations related to our backlog;
partners and third parties who may fail to satisfy their legal
obligations; AECOM Capital real estate development projects;
managing pension cost; cybersecurity issues, IT outages and data
privacy; risks associated with the benefits and costs of various
dispositions such as the sale of our Management Services,
self-perform at-risk civil infrastructure power construction, and
oil and gas construction businesses, including the risk that
purchase price adjustments, if any, from those transactions could
be unfavorable and any future proceeds owed to us as part of those
transactions could be lower than we expect; as well as other
additional risks and factors that could cause actual results to
differ materially from our forward-looking statements set forth in
our reports filed with the Securities and Exchange Commission. Any
forward-looking statements are made as of the date hereof. We do
not intend, and undertake no obligation, to update any
forward-looking statement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220919005672/en/
Media Contact: Brendan Ranson-Walsh Senior Vice
President, Global Communications 1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor Contact: Will Gabrielski Senior Vice President,
Finance, Treasurer 1.213.593.8208 William.Gabrielski@aecom.com
AECOM (NYSE:ACM)
Historical Stock Chart
From Apr 2024 to May 2024
AECOM (NYSE:ACM)
Historical Stock Chart
From May 2023 to May 2024