AECOM

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AECOM
Public
Traded as NYSEACM
Industry Professional services
Founded 1990
Headquarters Los Angeles
Area served
Worldwide
Key people
Richard G. Newman
(Chairman Emeritus)
John Dionisio
(Executive Chairman)
Mike Burke
(President and CEO)
Revenue

Increase $ 19.2 billion (2014 including URS)

[1]
Decrease $ 53.606 million (FY 2012)[1]
Profit Decrease $ 56.933 million (FY 2012)[1]
Total assets Decrease $ 5.665 billion (FY 2012)[1]
Total equity Decrease $ 2.224 million (FY 2012)[1]
Number of employees
approx. 100,000 [2]
Website AECOM

AECOM (/.ˈkɒm/ US dict: ā·ē·kŏm') (formerly known as AECOM Technology Corporation) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government.[3]

AECOM has approximately 100,000 employees,[2] and is currently listed at #322 on the Fortune 500 list (before URS merge).[4] AECOM is ranked as Number 1 Engineering Design Firm (Engineering News Record ENR magazine), and is nominated by Fortune as 'World's Most Admired Companies'.

The company’s official name from 1990 to early January 2015 was “AECOM Technology Corporation”. Today, it is known simply as “AECOM”. [5]

History[edit]

AECOM was launched as an independent company in 1990, though its history can be traced back to the early 20th century and the inception of the Ashland Oil & Refining Company in Kentucky. Through a series of acquisitions and technological developments prior to the buyout, Ashland grew to include chemical, petrochemical, highway construction, and construction materials firms within its realm, laying the groundwork for the creation of Ashland Technology in 1985. One of Ashland's acquisitions included Daniel, Mann, Johnson & Mendenhall (DMJM), a transportation-related engineering firm, in 1984. Richard Newman was president of DMJM at the time of the acquisition and was later named president of Ashland Technology. When Ashland chose to return to its core petroleum refining business in the late 1980s, Newman recommended an employee buyback proposal, resulting in the spin-off of Ashland Technology and the creation of AECOM (Architecture, Engineering, Consulting, Operations, and Maintenance) in 1990.[citation needed]

AECOM went public during May 2007 with an initial public offering on the NYSE, netting $468.3 million.[6]

On July 28, 2008, AECOM completed its purchase of Earth Tech Inc., a consulting and engineering firm, from Tyco International for $510 million.[7][8]

On July 13, 2014, AECOM announced its acquisition of URS Corporation, an engineering, construction, and technical services firm for US$56.31 per share in cash and stock.[9]

Management[edit]

AECOM’s first president and CEO was Richard Newman, who came to Ashland through its acquisition of DMJM. Newman served as president of Ashland Technology and was instrumental in the creation of AECOM.

In 2005, John M. Dionisio succeeded Newman as president and CEO of AECOM. In 2011, Dionisio became chairman of the company.[10] In March 2014, Michael S. Burke succeeded Dionisio and serves as the company's current chairman and CEO. Dionisio remains on AECOM’s Board of Directors.[11]

In 2011, Stephen M. Kadenacy was named chief financial officer and currently serves as president.[12]

In May 2014, Kevin Lynch was appointed as executive vice president and chief strategy officer at AECOM.[13]

In March 2015, Carla Christofferson was appointed as executive vice president and general counsel of the firm.[14]

Services[edit]

AECOM provides professional technical and management support services to both public and private sector clients. Services relate to areas including transportation design, water, environmental services, facilities construction, disaster response, and governmental assistance.

Corporate affairs[edit]

AECOM is headquartered in Los Angeles, California, United States, with clients in more than 150 countries. The company reported a revenue of US$8.0 billion during the 12 months that ended March 31, 2014.[15]

AECOM currently works in the following areas: India, the Americas, Europe, Asia, Middle East, Africa, and Australia/New Zealand. The company operates under the following business lines: Architecture; Building Engineering; Construction Services; Design + Planning; Economics; Energy; Environment; Government; Mining; Oil + Gas; Program Management; Program, Cost, Consultancy; Transportation; and Water.

Projects[edit]

[16]

Awards[edit]

AECOM has received various awards, including:

  • Winner of the Institution of Structural Engineers Supreme Award for structural engineering in 2013.
  • Financial Times names AECOM Best Workplaces.
  • 2009 “Best of the Best” winner by Black EOE Journal, Hispanic Network Magazine, and Professional Woman’s Magazine for its commitment to diversity and its excellence in fostering an inclusive environment for employees, clients, and business partners.
  • Women’s Transportation Seminar recognizes AECOM as International Employer of the Year.
  • AECOM named Best Diversity company 2008 and 2009 by readers of Diversity/Careers in Engineering and Information Technology Magazine.
  • 2009 Secretary of Defense Employer Support Freedom Award (recognizing those companies that best support employees who are members of the National Guard and Reserve).
  • Sutong Bridge Project, Jiangsu Province, China – Selected as the world’s 2010 Outstanding Civil Engineering Achievement by the American Society of Civil Engineers (ASCE) in its annual Outstanding Projects and Leaders (OPAL) awards program.
  • Sprinter Rail Line, North County Transit District, San Diego, California – Recognized by the American Public Works Association (APWA) as the National Project of the Year.
  • Dr. Martin Luther King, Jr. Memorial Bridge, Virginia – Recognized by the National Steel Bridge Alliance (NSCA) with a Merit Award in the 2009 Prize Bridge Competition.
  • I-70/E-470 Fly By Interchange Complex, Aurora, Colorado – Recognized by the Design Build Institute of America (DBIA) with a National Design Build Award.

References[edit]

Notes[edit]

External links[edit]