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No reason stated for energy contractor former chief's action; infrastructure leader Maria Lehman, elected ASCE 2022-23 president, intends to "right some of the wrongs in the profession right now," she said.
Impacts downshifted past rosy projections as firms navigate unknowns of client health, altered workloads, virtual productivity and selling technology, say execs and new data.
Veteran corporate executive Luis M. Ramirez began a new role on Sept. 12 as general manager and CEO of the Massachusetts Bay Transit Authority, despite controversy over his lack of public transit management experience and financial scrutiny of Global Power Equipment Group, an engineer and manufacturer of which he was CEO until 2015.
As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.