Tillkännagivande • Jul 06
Balfour Beatty plc Announces Board and Committee Changes, Effective July 13, 2026 Balfour Beatty PLC announced the appointment of Melody Meyer and Sandra (Sandy) Stash as Non-Executive Directors of the Company and members of the Remuneration Committee, with effect from July 13, 2026. Melody Meyer brings extensive international board and executive experience across complex, capital intensive and safety critical industries. She currently serves as a Non-Executive Director, Chair of the Public Policy & Sustainability Committee and member of the Audit Committee of AbbVie Inc. and as a Non-Executive Director of Airswift Parent LLC. She previously served as a Non-Executive Director on the boards of NOV Inc. and of BP plc, where she chaired the Safety and Sustainability Committee and was a member of the Remuneration Committee. Prior to her non-executive positions, Melody had a 37-year executive career with Chevron, culminating in her role as President of Chevron Asia Pacific Exploration & Production, where she was responsible for large-scale international operations, major capital projects and a workforce of over 11,000 employees across multiple jurisdictions. Sandy Stash is a highly experienced international Non-Executive Director with a strong track record across infrastructure, energy and capital-intensive industries. She currently serves on the boards of ACWA Power and Trans Mountain Company, where she chairs the Operations and HSE Committee, and has previously held Non-Executive Director roles at Diversified Energy Company plc, where she was Senior Independent Director, EVRAZ plc, Medallion Midstream, Lucid Energy, and Chaarat Gold. Sandy's executive career spans over four decades in the global energy sector, including senior leadership roles at Tullow Oil including Executive Vice President, Safety, Operations and Engineering, Talisman Energy and BP America. She has expertise in operational excellence, engineering, safety-critical environments, risk management and the delivery of large-scale, complex projects across international markets. Tillkännagivande • Jul 01
Balfour Beatty plc Announces Appointment of Angus Murray as Managing Director of Uk Major Projects Business, Effective September 1, 2026 Balfour Beatty PLC announced the appointment of Angus Murray as Managing Director of its UK Major Projects business, effective from September 1, 2026. Angus Murray oversaw a portfolio of projects supporting the delivery of some of the UK's most significant infrastructure programmes, including Hinkley Point C and Net Zero Teesside. He also led Balfour Beatty's engagement in emerging complex infrastructure markets, including Small Modular Reactors and the UK reservoir programme. Angus Murray brought over 30 years' experience to the role, with a strong track record in leading complex, large-scale infrastructure programmes. He most recently served as Chief Executive of Connect Plus, the 30-year consortium that includes Balfour Beatty, which is responsible for managing and operating the M25 network on behalf of National Highways. Prior to Connect Plus, Angus held a number of senior leadership roles including nearly two decades at Fluor Corporation, where he served as Vice President of Operations for its Advanced Technologies and Life Sciences business across Europe, Africa and the Middle East. He started his career as a civil engineer with Tarmac. Tillkännagivande • May 09
Balfour Beatty plc Approves Final Dividend for the Financial Year Ended December 31, 2025 Balfour Beatty plc at its Annual General Meeting held on 7 May 2026 approved to declare a final dividend of 9.8 pence per share on the ordinary shares of the Company. Tillkännagivande • Feb 24
Balfour Beatty plc Announces Chief Financial Officer Changes Balfour Beatty PLC announces that Phil Harrison will step down from the Board later this year following more than 10 years as Chief Financial Officer. Following an extensive search process and as part of the Board's long-term succession planning, Myles Westcott, currently Group Financial Controller at BAE Systems plc, has been appointed to succeed him. Subject to finalising his departure date from BAE Systems plc, Myles will join the Group later this year as Chief Financial Officer. Myles, a chartered accountant, brings more than 30 years of finance leadership experience, including almost 25 years at BAE Systems plc, a c.£30 billion multinational defence and security corporation. As Group Financial Controller, Myles leads the Group's financial reporting, planning, governance, and risk functions. Prior to that, he held a number of Finance Director roles across major business units, overseeing large scale operations, major international programmes and complex long-term contracts. Throughout his career, Myles has built a strong record in financial stewardship, operational performance, and value creation. Since Phil Harrison joined the Company in 2015, Balfour Beatty has strengthened its balance sheet from average net debt of £371 million in 2014 to £1,102 million average net cash in 2025. Reflecting this strong cash performance, between 2021 and 2025, £944 million of capital has been returned to shareholders through dividends and share buybacks. Phil will remain a Director of the Company and will continue to fulfil his current role until Myles joins, supporting the business through its 2025 full year results in March 2026. Following Myles' appointment to the Board, Phil will continue in an advisory capacity for four months to ensure a smooth transition. Tillkännagivande • Jan 06
Equitix Investment Management Limited acquired ten UK Infrastructure investment assets from Balfour Beatty plc (LSE:BBY) for £87 million. Equitix Investment Management Limited acquired ten UK Infrastructure investment assets from Balfour Beatty plc (LSE:BBY) for £87 million in December 2025. A cash consideration of £87 million will be paid by Equitix Investment Management Limited. As part of consideration, £87 million is paid towards assets of ten UK Infrastructure investment assets of Balfour Beatty PLC.
Equitix Investment Management Limited completed the acquisition of ten UK Infrastructure investment assets from Balfour Beatty plc (LSE:BBY) in December 2025. Tillkännagivande • Dec 05
Balfour Beatty plc Provides Earnings Guidance for the Year 2025 Balfour Beatty plc provided earnings guidance for the Year 2025. For the period, revenue expected to be over 5% ahead of prior year (FY2024: £10.0 billion) with strong progress made in the Group's chosen growth markets, principally UK energy and US buildings. Tillkännagivande • Jun 20
Balfour Beatty Announces Management Changes Balfour Beatty announced that it has appointed Nick Rowan as Managing Director of its UK Construction Services Regional Scotland business, effective from 4 August 2025. Nick's appointment is testament to the company's commitment to attracting, training and retaining its employees, having joined the company 30 years ago as a Graduate Surveyor. He spent the first two decades of his career in operational commercial roles, and the last 10 years as Director for New Business for the Regional Scotland business. A Chartered Surveyor, Nick has been instrumental in broadening Balfour Beatty's Regional Scotland portfolio. Most notably, he was involved in securing the A9 Dualling Scheme on behalf of Transport Scotland, and the Accelerated Strategic Transmission Investment offshore programme of works for SSEN Transmission. Nick replaces Hector MacAulay who has worked at Balfour Beatty for four decades, most recently as Managing Director of Balfour Beatty's UK Construction Services Regional Scotland business; a role he has held since 2015. Hector will continue in an advisory capacity for several months to ensure a seamless transition, before retiring at the end of the year. Tillkännagivande • May 09
Balfour Beatty plc Approves Final Dividend Balfour Beatty plc at its AGM held on May 8, 2025 approved final dividend of 8.7p per share on the ordinary shares of the Company. Tillkännagivande • Mar 24
Balfour Beatty plc Announces Resignation of Michael Lucki as Non-Executive Director Balfour Beatty plc announced that Michael Lucki has notified the Company that he will not be standing for re-election at the 2025 AGM and, as a result, he will step down as a Non-executive Director of the Company at the conclusion of the Company's AGM on 8 May 2025. Tillkännagivande • Mar 13
Balfour Beatty plc, Annual General Meeting, May 08, 2025 Balfour Beatty plc, Annual General Meeting, May 08, 2025. Tillkännagivande • Mar 12
Balfour Beatty plc Proposes Final Dividend for 2024, Payable on 2 July 2025 The Board of Balfour Beatty plc is committed to a sustainable ordinary dividend which is expected to grow over time, targeted at a pay-out ratio of 40% of underlying profit after tax excluding gains on disposal of Investments assets. Following the 3.8 pence per ordinary share interim dividend declared at the half year, the Board is recommending a final dividend of 8.7 pence per share, giving a total recommended dividend for the year of 12.5 pence per share (2023: 11.5 pence per share). Subject to approval at the Annual General Meeting on 8 May 2025, the final 2024 dividend will be paid on 2 July 2025 to holders on the register on 16 May 2025 by direct credit or, where no mandate has been given, by cheque posted by 2 July 2025. The ordinary shares will be quoted ex-dividend on 15 May 2025. The last date for Dividend Reinvestment Plan (DRIP) elections will be 11 June 2025. Tillkännagivande • Mar 05
Balfour Beatty plc Announces Board Changes Balfour Beatty plc announced that Leo Quinn will step down from the Board later this year, after over 10 years as Group Chief Executive. Following an extensive international search, Philip Hoare, Chief Operating Officer, AtkinsRéalis, has been chosen by the Board to succeed him and will join the Group in September of this year. Philip, a civil engineer, has built his 30-year career in the industry at AtkinsRéalis Group Inc., a 39,000 strong global engineering services and nuclear enterprise with annual revenues of CAD 9.4 billion (£5.1 billion) and listed on the Toronto Stock Exchange. With his extensive leadership experience in the engineering, project management and construction sectors, he has been fundamental to the growth and performance of the company, first as CEO of Atkins in the UK and Europe, and then as President of the global Engineering Services business. In January 2024, he was appointed Chief Operating Officer of the transformed group to drive growth and performance across the company and lead a diverse portfolio of significant international projects. Following Philip's appointment to the Board in September, Leo will continue in an advisory capacity for several months to ensure a seamless transition. Tillkännagivande • Jan 23
Balfour Beatty plc to Report First Half, 2025 Results on Aug 13, 2025 Balfour Beatty plc announced that they will report first half, 2025 results on Aug 13, 2025 Tillkännagivande • Oct 30
Balfour Beatty plc Appoints Rudolph (Rudy) Wynter as Non-Executive Director, Effective 1 December 2024 Balfour Beatty plc announced that Rudolph (Rudy) Wynter has been appointed as a non-executive director with effect from 1 December 2024. Rudy has over 35 years' experience in the gas and electricity industry where he has served in many leadership and senior operational roles with his most recent roles as President, National Grid New York, leading the company's regulated energy delivery portfolio and prior to that as Chief Operating Officer of National Grid's Wholesale Networks & Capital Delivery business. He has a Bachelor's in Mechanical Engineering from Pratt Institute and a Master of Business Administration from Fordham University in the US. Rudy is currently a non-Executive Director, Chair of the Nominating and Corporate Governance Committee and member of the Audit Committee of EnerSys Inc. Tillkännagivande • Oct 11
Balfour Beatty plc to Report Fiscal Year 2024 Results on Mar 12, 2025 Balfour Beatty plc announced that they will report fiscal year 2024 results on Mar 12, 2025 Tillkännagivande • Sep 06
Balfour Beatty Announces Executive Promotions Balfour Beatty on 6 September 2024 announced two notable changes to its digital, procurement and supply chain senior leadership team. The appointments will support Balfour Beatty's long-term focus on technology and innovation as a strategic imperative for the construction and infrastructure industry and will see the company drive further improvements in safety, productivity, and digitally assured capability. Jon Ozanne has been promoted to Chief Information Officer with responsibility for coordinating IT and digital initiatives including cyber security and AI adoption. A trained Accountant, Jon joined Balfour Beatty in 2015 to lead the transformation of Balfour Beatty's IT function. Subsequently, he was promoted to the position of UK IT Director and in 2019, to the position of Chief Information Officer for the UK. Evan Sutherland has been promoted to Chief Procurement Officer, having joined Balfour Beatty in 2015 as UK Procurement Director. In addition to his existing responsibilities leading the UK Procurement and Supply Chain function, Evan will now head up all Group-wide procurement and supply chain initiatives, promoting and adopting best practice to drive measurable value across the business. Tillkännagivande • Aug 14
Balfour Beatty plc Declares Interim Dividend, Payable on December 6, 2024 Balfour Beatty plc announced Board is declaring an interim dividend of 3.8 pence per share, which will be payable on 6 December 2024 to holders on the register on 1 November 2024. The last date for DRIP(Dividend Reinvestment Plan)elections is 15 November 2024. Tillkännagivande • May 06
Balfour Beatty plc Announces Executive Changes Balfour Beatty announced the appointments of Jeff Sandeen to president of the company's Carolinas operations and Emily Kay to incoming president of California operations. Jeff and Emily will provide strategic, operational oversight in their respective geographies, build on Balfour Beattys commitment to meeting the expanding needs of clients and partners in high-growth markets, as well as work alongside local leadership teams to help leverage collaboration, innovation and best practices. Effective immediately, Jeff Sandeen serves as Balfour Beattys president in the Carolinas overseeing operations in North and South Carolina. Jeff will use his extensive experience in the Carolinas to drive the company's strategic growth efforts, deliver expert services locally and expand client partnerships across different regions. Jeff has been with the company for 10 years providing strategic oversight in the Carolinas and leading teams through a vast portfolio of large projects throughout the area. In his most recent role as Senior Vice President, Jeff oversaw notable projects including Forsyth Countys modernized courthouse and University of North Carolina-Wilmingtons Student Village in North Carolina, The Jasper and Emanuel Nine Memorial in Charleston and the delivery of Raleigh-Durham Airports Runway 5L/23R Replacement construction program. Emily Kay succeeds current California president, Brian Cahill, a 31-year Balfour Beatty veteran who will retire at the end of 2024. She will work in a transitional role until the end of the year and assumes her new role and responsibilities as President in California starting January 1, 2025. Emily has been with Balfour Beatty for 10 years and has more than 30 years of experience in the construction industry. She has held various positions at the company including her role as Vice President of Operations in California where she leads teams in providing operational excellence through deliveries of county facilities, and K-12 additions, modernizations and new construction projects in southern California. She also spearheaded the expansion of Balfour Beattys special projects operations in the Los Angeles area where the company provides services for a wide variety of market sectors. Tillkännagivande • Mar 14
Balfour Beatty plc Proposes Final Dividend for the Year 2023, Payable on 3 July 2024 Balfour Beatty plc proposed a final dividend of 8.0 pence per share (2022: 7.0 pence), giving a total recommended dividend for the year of 11.5 pence per share (2022: 10.5 pence). The dividend will be paid on 3 July 2024 to holders on the register on 17 May 2024 by direct credit or, where no mandate has been given, by cheque posted by 3 July 2024. The ordinary shares will be quoted ex-dividend on 16 May 2024. Tillkännagivande • Feb 27
Balfour Beatty plc Announces Directorate Changes Balfour Beatty plc announced that Anne Drinkwater, a Non-Executive Director since December 2018, will succeed Dr. Stephen Billingham as Senior Independent Non-Executive Director when he steps down from the Board following the 2024 AGM on 09 May 2024. Anne will continue as Chair of the Remuneration Committee a member of the Safety and Sustainability Committee. Tillkännagivande • Jan 30
Balfour Beatty Announces Director Changes Balfour Beatty announced that Gabrielle (Gabby) Costigan MBE has been appointed as a Non-Executive Director with effect from 8 March 2024. Following Balfour Beatty's Annual General Meeting on 9 May, Gabby will succeed Stuart Doughty CMG as Chair of the Safety & Sustainability Committee, as Stuart steps down from the Board following nine-years as a Non-Executive Director. Gabby is an Aeronautical Engineer with a diverse international career including 21 years in the Australian Army. She was previously Chief Executive Officer of the logistics business, Linfox International Group. In 2017, she joined BAE Systems plc as Chief Executive Officer of BAE Systems Australia before being promoted to her current role of Group Managing Director, Business Development and a member of the Executive Committee. Tillkännagivande • Jan 05
Balfour Beatty Announces the Hiring of Kellie Ajjan as Senior Vice President of Human Resources Balfour Beatty announced the hiring of Kellie Ajjanas the company's new senior vice president of human resources for its Buildings, Civils and Investments operations in the U.S. In her new executive role, Kellie oversees the development and execution of the company's people strategy and practice, including compensation and benefits, recruiting, training, talent development and diversity, equity and inclusion efforts. She will also work in close coordination with senior leadership, including human resources and operations functions across Balfour Beatty's global business, with an emphasis on aligning policies and initiatives such as compliance, ethics and employee engagement within the company's three business lines. In addition, Kellie will retain direct responsibility for the HR-related action plans and deliverables outlined in Balfour Beatty Communities' compliance monitorship to ensure this important work continues to move forward without interruption. Prior to her new role, Kellie served as senior vice president of Balfour Beatty's Investments business for nearly 10 years where she was responsible for human capital strategy, including employee and labor relations, organizational development, talent and performance management, staffing and success planning. She was also overseeing the Benefits team for all three U.S. businesses. Kellie will continue to oversee these operations in addition to her new responsibilities in this newly appointed role. Kellie worked for Sunoco Inc. and AMETEK serving in various human resource management roles before joining Balfour Beatty. She holds a bachelor’s degree from Villanova University, where she was a scholar athlete, and has obtained a master’s in business administration from Pennsylvania State University. Kellie is also a board member of Quest Therapeutic Services in West Chester, Pennsylvania. Tillkännagivande • Jun 08
Obelisk International Group Holdings Limited acquired Telecoms division of Balfour Beatty. Obelisk International Group Holdings Limited acquired Telecoms division of Balfour Beatty on June 6, 2023.Acquiring new UK headquarters offices in Southampton, Obelisk will retain Balfour Beatty’s existing team of employees and partners. The company’s newly expanded geographical footprint will see the team delivering nationwide services and turnkey infrastructure solutions for clients in the UK telecoms, Irish telecoms and energy sectors.
Obelisk International Group Holdings Limited completed the acquisition of Telecoms division of Balfour Beatty on June 6, 2023. Tillkännagivande • May 13
Balfour Beatty plc Approves Final Dividend Balfour Beatty plc at its Annual General Meeting held on 12 May 2023, approved to declare a final dividend of 7.0 pence per ordinary share of the Company. Tillkännagivande • May 12
Balfour Beatty plc Provides Earnings Guidance for the Year 2022 Balfour Beatty plc provided earnings guidance for the year 2022. Overall trading has been in line with expectations and the Board continues to expect the Group's 2023 profit from operations from its earnings-based businesses to be broadly in line with 2022. Tillkännagivande • Feb 16
Balfour Beatty plc Appoints Mark Johnnie as Chief Operating Officer Balfour Beatty announced senior leadership change within its US Civils business appointing Mark Johnnie to chief operating officer (COO). The appointment support intentional and strategic planning of the company’s highways and bridges, rail and water businesses to expand Balfour Beatty’s Civils operations across the company’s chosen geographic footprint. As COO, Mark will lead the company’s commitment to operational excellence spanning across all vertical markets including highway and bridges, rail, and water. Mark will work with leaders throughout the business to ensure consistency in execution, high quality of standards and client experiences are delivered, and operational processes are embedded across verticals. In addition to his COO responsibilities, Mark will maintain his current role overseeing the highway and bridges work across the Southeast and will now expand to cover the Southwest. A Balfour Beatty teammate since 1998, Mark has a track record of consistent delivery in the Southeast, deep knowledge of the market sector and strong commitment to fostering the company’s Civils construction capability to clients.