Veteran corporate executive Luis M. Ramirez began a new role on Sept. 12 as general manager and CEO of the Massachusetts Bay Transit Authority, despite controversy over his lack of public transit management experience and financial scrutiny of Global Power Equipment Group, an engineer and manufacturer of which he was CEO until 2015.
As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.
In a move that appeared to happen faster than at least one Wall Street analyst predicted, Houston energy specialty contracting giant Quanta Services Inc. on March 14 said Chief Operating Officer Earl “Duke” Austin has succeeded James O’Neil as president and CEO.
Probes are ongoing into the Ohio powerplant site accident that killed CEO John T. Adamo Jr. on Dec. 2, when he was struck by a steel cable from a cable-suspension bridge that collapsed prematurely while being prepared for implosion.