AECOM

For the medical college, see Albert Einstein College of Medicine.
AECOM
Public
Traded as NYSE: ACM
Industry Professional services
Founded 1990
Headquarters Los Angeles, California
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. 95,000 [2]
Website www.aecom.com

AECOM (/eɪ.iːˈkɒm/ US dict: ā·ē·kŏm') (formerly known as AECOM Technology Corporation) is an American worldwide 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 85,000 employees,[4] and is number 343 on the 2015 Fortune 500 list.[5] AECOM is ranked as Number 1 Global Engineering Design Firm (Engineering News Record ENR magazine), Financial Times names AECOM as Best Workplace, Black EOE Journal awarded AECOM as “Best of the Best” and is nominated by Fortune as "World's Most Admired Companies".[6]

The company's official name from 1990 to early January 2015 was AECOM Technology Corporation. Today, it is known simply as AECOM.[7]

History

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. The company went on to acquire a number of engineering, design and planning firms including engineering company Maunsell, urbanism and sustainability practice EDAW, Economic Research Associates (ERA), environmental management firm ENSR, architects Ellerbe Becket and Davis Langdon, the quantity surveyors and construction consultants.

AECOM went public during May 2007 with an initial public offering on the NYSE, netting $468.3 million.[8]

On July 28, 2008, AECOM completed its purchase of Earth Tech Inc., a consulting and engineering firm, from Tyco International for $510 million.[9][10]

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.[11]

Management

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.[12] 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.[13]

In 2011, Stephen M. Kadenacy was named chief financial officer and currently serves as president.[14]

In May 2014, Kevin Lynch was appointed as executive vice president and chief strategy officer at AECOM.[15]

In March 2015, Carla Christofferson was appointed as executive vice president and general counsel of the firm.[16]

Services

AECOM provides professional technical and management support services to both public and private sector clients. AECOM currently works in the following areas: the Americas, Europe, Asia, Middle East, Africa, and Australia/New Zealand. Services relate to areas including Architecture & Design, Asset Management, Construction, Cost Management, Decommissioning & Closure, Economics, Engineering, Environmental Services, International Development, IT & Cyber Security, Operations & Maintenance, Planning & Consulting, Program, Management/Construction Management, Risk Management & Resilience and Technical Services.[17]

Corporate affairs

AECOM is headquartered in Los Angeles, California, United States, with clients in more than 150 countries. The company reported a revenue of US$19.2 billion during the 12 months that ended March 31, 2014.[18]

AECOM provides Specialized Integrated Solutions in Alternative Delivery Models, Cities Solutions, Converged Resilience, Equity Investment, Multinational Investment &, Development, Process Technologies and Public-Private Partnerships. 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.

Brands

In addition to the AECOM brand, it also offer clients the services of these AECOM companies around the world.

AECOM Capital is the investment arm of AECOM, and structured as a co-general partner fund platform that invests in a variety of real estate and infrastructure assets in the U.S. and UK. AECOM Capital was founded in 2013 by AECOM and John T. Livingston, the former CEO of AECOM Construction Services, President of Tishman Construction Corporation, and President of Tishman Urban Development Corporation.

ACE International Consultants is a consulting firm specializing in economic and social development cooperation and private sector development. Its primary client is EuropeAID, with additional work funded by the World Bank, the InterAmerican Development Bank, and the European Training Foundation.

Davis Langdon KPK is a construction cost, contract and project management consultancy firm. It provides consultancy services for a wide range of facilities, including commercial, residential, industrial and healthcare.

Hunt Construction Group has been providing construction services in construction management, design-build, integrated project delivery, general contracting and preconstruction services for over 70 years.

TISHMAN Construction is a specialized builder provides wide range of construction and construction-related services. Known for managing complex, iconic projects.

[19]

Major Projects

[20]

Awards

AECOM and its projects have received various awards, including:

Notes

References

  1. 1 2 3 4 5 "AECOM, Form 10-K, Annual Report, Filing Date Nov 19, 2012" (PDF). secdatabase.com. Retrieved Dec 30, 2012.
  2. ↑ "Merger of Aecom and URS to create giant L.A. construction firm". Los Angeles Times. Retrieved Jul 13, 2014.
  3. ↑ "AECOM Technology Corp.". The New York Times. Retrieved Oct 28, 2013.
  4. ↑ "About". Retrieved 31 Oct 2014.
  5. ↑ Fortune, Fortune 500, 2015. Accessed October 25, 2015.
  6. ↑ "Abbott Laboratories". Fortune. Retrieved 2015-12-07.
  7. ↑ "AECOM (ACM:New York): Stock Quote & Company Profile". BusinessWeek. Retrieved 27 January 2015.
  8. ↑ "AECOM, Form 10-K, Annual Report, Filing Date Dec 13, 2007". secdatabase.com. Retrieved Dec 30, 2012.
  9. ↑ "AECOM, Form 8-K, Current Report, Filing Date Feb 12, 2008". secdatabase.com. Retrieved Dec 30, 2012.
  10. ↑ "AECOM, Form 8-K, Current Report, Filing Date Jul 31, 2008". secdatabase.com. Retrieved Dec 30, 2012.
  11. ↑ "AECOM to acquire URS Corporation". AECOM. Retrieved Jul 17, 2014.
  12. ↑ "John M. Dionisio: Executive Profile & Biography". Bloomberg.
  13. ↑ http://www.constructionweekonline.com/article-32862-aecom-promotes-michael-burke-to-chairman/
  14. ↑ "Stephen M. Kadenacy: Executive Profile & Biography". Bloomberg.
  15. ↑ "Kevin Lynch".
  16. ↑ http://www.govconwire.com/2015/03/carla-christofferson-joins-aecom-as-evp-general-counsel-michael-burke-comments/
  17. ↑ http://www.aecom.com/solutions/
  18. ↑ "Latest News Headlines". NASDAQ. Archived from the original on May 6, 2014. Retrieved 27 January 2015.
  19. ↑ "AECOM Brands".
  20. ↑ Padma Bridge of Banladesh"Program, Cost, Consultancy". AECOM. Retrieved 27 January 2015.
  21. ↑ "The 2015 Top 500 Design Firms". ENR. Retrieved July 26, 2015.
  22. ↑ "The 2015 Top 100 Green Buildings Design Firms". ENR. Retrieved July 26, 2015.
  23. ↑ "The 2015 Top 225 International Design Firms". ENR. Retrieved July 26, 2015.
  24. ↑ "The 2015 Top 500 Design Firms". ENR. Retrieved July 26, 2015.
  25. ↑ "The 2015 Top 200 Environmental Firms". ENR. Retrieved July 26, 2015.
  26. ↑ "AECOM wins global award as NCE/ACE Consultants of the Year named". Infrastructure Intelligence. Retrieved Mar 23, 2015.
  27. ↑ AECOM wins four environmental industry awards (2015). , Civil + Structural Engineers.
  28. ↑ Institution of Structural Engineers (2013). Winners, Structural Awards. Accessed on October 25, 2015.
  29. ↑ The Employment and Entrepreneur Magazinel.

External links

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