Black & Veatch Selects New President, CEO
Steve Edwards was selected by the company’s board of directors to lead the global engineering, construction & consulting provider
The board of directors of Black & Veatch has selected a new chairman, president and CEO for the company upon the decision of Len Rodman to retire at the end of 2013 after 42 years of leadership, service and dedication to the company. Rodman will continue in his leadership role through the remainder of 2013 while guiding a transition period for Steve Edwards, who will succeed Rodman. Edwards becomes the seventh senior leader in the founder, managing partner or chairman role in Black & Veatch’s 98-year history.
Rodman, as the sitting chairman, president and CEO announced to the Black & Veatch board of directors his pending retirement, and worked with the Compensation & Development Committee to provide a slate of internal candidates for them to select the replacement and create a formal transition period for 2013. During the remainder of 2013, Edwards becomes chief operating officer of Black & Veatch until he assumes management of the company in January 2014.
“The Black & Veatch Board of Directors has confidence in Steve based on his global, cross-divisional, cross-functional skills, project management capabilities and based on the challenging assignments he has managed during his 35-year career,” said Rodman. “Steve has lived and worked at various global locations and given he has been a member of our Executive Committee since 2005 and a member of our Board of Directors since 2012 he is well qualified to lead the company into the future.”
Rodman said his decision to retire was based on his desire for the new chairman to be in place at the beginning of the year and to have the benefit of a formal transition period. Additionally, Rodman said the timing also will allow new leadership to be in place at the end of the company’s current world headquarters renovation and for Black & Veatch’s upcoming Centennial Celebration in 2015.
“These events should be about looking forward with a Vision toward the next 100 years, while respecting the company’s rich history,” said Rodman. “For these positive events it is fitting that the new chairman, president and CEO be in place to celebrate the company’s bright future.”