The Infrastructure GBU will be headquartered in London and will be among the company’s largest units operating in civil, water, power and transit markets in the Americas, EMEA and Asia Pacific.
The sectors mentioned as part of the unit’s business lines include:
- Civil and water including urban developments, ports, roads, bridges, hydro, water supply systems, major tunnels and canals, tidal protection and wastewater treatment installations.
- Power including thermal, renewables, steam, and transmission.
- Aviation including greenfield development of new airports and expansion of existing facilities, as well as airport upgrades required by security requirements and new generations of aircraft.
- Rail including all phases of high-speed rail, passenger and freight heavy rail, light rail, and metro systems.
As part of the reorganization, Bechtel will also create a new Nuclear, Security & Environmental (NS&E) unit, which combines the company’s government and commercial nuclear businesses.
Toby Seay, president of Bechtel’s power business, will become president of the Infrastructure GBU. Peter Dawson, president of the company’s civil business, will become Bechtel’s head of corporate services and chief financial officer, a position he held previously. Dawson succeeds Mike Adams, who will lead new strategic projects reporting to the company’s chief executive officer, Bill Dudley.
Craig Albert, president of the government services business, will lead Bechtel NS&E.
The reorganization and leadership changes take effect from January 1, 2015.
Currently Bechtel operates through five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services.