Los Angeles-based Aecom Technology Corp. has appointed Michael S. Burke, who joined the company in 2005, as chief executive.
Burke, 50, will succeed John M. Dionisio, 65, who has been nominated to be executive chairman of the company's board of directors.
"I'm delighted and honored to have the opportunity to lead the 45,000 architects and engineers in our company," Burke said in a telephone interview. "We've had a great period of growth over the past eight years."
Burke was appointed chief financial officer in 2006 and president in 2011. During his tenure, the company has doubled its workforce to about 45,000 employees around the world. It reported revenue of $8.2 billion during the fiscal year that ended Sept. 30.
As chief executive, Burke said he planned to expand the company's capabilities. He wants Aecom to be able to design, finance, build and operate projects around the world. In recent years, revenue from the construction business has grown and reached $2 billion, he said.
Aecom is one of only a handful Fortune 500 companies headquartered in Los Angeles. Shares of Aecom closed Wednesday at $27.73, down $0.85, or 2.97%.
The company has a big footprint in the city. It recently announced it would develop a high-rise residential building in the South Park section of downtown L.A. with Mack Urban. It also designed and built the Los Angeles Police Department's Parker Center and was a design partner on the Metro Gold Line Eastside extension.
We're "one of the biggest companies in L.A. that most people haven't heard of, but see, touch and feel assets we're involved with all across the city," Burke said.
ALSO:Copyright © 2015, Los Angeles Times