MONTREAL, July 13, 2016 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that Christian Brown has been appointed to the newly created position of Corporate Development Officer, and that Martin Adler will join SNC-Lavalin as President, Oil & Gas. Both positions will become effective August 15, 2016, and report directly to Neil Bruce, President and Chief Executive Officer, as part of our Executive Committee.
Mr. Brown will be responsible for driving our Operational Excellence approach, Business Development cross selling and managing larger merger and acquisition transactions when the company has decided to execute them. He will continue to serve on the Executive Committee and this position is a peer to the Sector presidents.
"I am very excited about the appointments that we are announcing today," said Neil Bruce. "This is another very positive indication of the company's recent progress and, more importantly, of its ambition for the future. Martin is a proven executive with a whole range of experience of leading a variety of contracting companies; he understands and brings with him customer relationships and focus, sector knowledge, operational excellence and ultimately a track record of delivering for shareholders, employees and all stakeholders. He is a great addition to our team."
"Christian's new position is a sign of our future ambition to deliver on our strategy to grow our profitability, size and geographic presence by 2018," added Mr. Bruce. "His role will be about delivering our future ambition over the coming years. Christian's strong leadership and business experience make him the right person to spearhead merger and acquisition transactions, strategic inorganic growth implementation and Operational Excellence. Christian will ensure that an indepth and thourough handover is completed with Martin through the remainder of this year."
Mr. Brown became President of SNC-Lavalin's Oil & Gas (O&G) sector in 2014, when the company acquired Kentz Corporation, where he had been CEO since 2012 and overseen considerable growth of the company. He led the Kentz integration and the on-going success of the O&G sector during a challenging economic period for the industry.
Prior to joining SNC-Lavalin, Mr. Adler held a number of senior positions internationally. He joins the company from Seafox Contractors where he was Group Chief Executive Officer and Board Member. He has 25 years of experience in the oil and gas, refining, petrochemical, engineering and construction, and transportation industries, which includes positions at Dockwise, The Shaw Group and Fluor Corporation.
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide Engineering, Procurement and Construction (EPC) and Engineering, Procurement, Construction and Management (EPCM) services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.www.snclavalin.com
Image with caption: "Martin Adler (CNW Group/SNC-Lavalin)". Image available at: http://photos.newswire.ca/images/download/20160713_C4913_PHOTO_EN_733265.jpg
For further information: Media: Louis-Antoine Paquin, Media Relations Manager, Corporate Communications, 514-393-8000, ext. 54772, [email protected]; Investors: Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]