Appointment of Chief Executive Officer

CIMIC Group announced the promotion of Juan Santamaria to Chief Executive Officer and Managing Director, from Managing Director of CPB Contractors, effective from 5 February 2020.

Michael Wright, currently Chief Executive Officer and Managing Director, has accepted a new leadership role within CIMIC Group, which will be announced in the near future.

CIMIC Group Executive Chairman Marcelino Fernández Verdes said: “Juan is a highly regarded leader with more than 18 years’ experience managing diverse businesses within our sectors. A civil engineer, Juan has extensive experience in construction, services and PPPs and a long history of high performance within the Group, including in his current position leading CPB Contractors and his previous role leading UGL.

“Juan has a strong understanding of CIMIC’s entire operations, and a total commitment to our clients and to developing our people. The Board and I are confident that he will continue CIMIC’s sustainable growth.

“I’d like to thank Michael for his dedication and achievements during his time as Chief Executive Officer. With almost 25 years’ experience in our Group, the Board and I are pleased that Michael’s expertise will be retained within our business.”

Mr Santamaria said: “I am honoured to have been appointed as Chief Executive Officer and Managing Director. CIMIC is an outstanding company, with a 40,000-strong team delivering leading, innovative work for our clients and communities. My focus is to continue our high levels of performance and further build our unique culture.”

Source: CIMIC Group Limited