WSP Global president and chief executive officer Pierre Shoiry is set to become vice chairman of the board and chief financial officer Alexandre L’Heureux will take over from Shoiry, the consultant revealed today.
The moves are part of the firm’s succession planning, it said, and will take effect as soon as a new external replacement to L’Heureux is found.
“Since our 2006 Initial Public Offering, we have developed and executed a clear corporate strategy,” said Shoiry. ”Our succession plan will ensure the continuity and the development of our vision to be the best global engineering consultancy. Our industry is in motion and we anticipate continued global consolidation. I will therefore continue to support Alexandre and the management team in the growth and enhancement of our technical expertise and geographic footprint.”
“WSP has an exceptional management team to support this transition and the Board is very pleased to appoint Alexandre L’Heureux to take over from Pierre as President and CEO,” said chairman Chris Cole. ”Pierre and Alexandre have worked in concert over the past six years and Pierre’s continuing role will help facilitate a smooth transition for our employees, clients and shareholders,” he added.