Laing O’Rourke has announced the appointment of a new managing director for its European business.
Peter Lyons has worked for Laing O’Rourke since 2002, when he joined the business as a graduate civil engineer.
He is currently the head of the company’s Specialist Trading Business Group (STBG), which comprises Expanded, Explore Manufacturing, Crown House Technologies, Select and Vetter.
Lyons holds a Bachelor of Engineering from Trinity College and is a Fellow of the Institution of Civil Engineers.
He will start in the role of managing director on 3 February 2025.
He said: “I am honoured and proud to take on this fantastic opportunity. I have been lucky to enjoy an exciting, varied and rewarding career at Laing O’Rourke, stretching over two decades, and I am looking forward to leading our European operations as we continue to build certainty and resilience into the business.
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“Our people, including our direct workforce and our staff, are the heart of our business and are what set us apart in the market. I truly believe our manufacturing led approach will change people’s lives for the better and transform productivity and I am committed to driving us forward on this important agenda.”
Laing O’Rourke recently announced a return to profit, with revenue to 31 March 2024 up 18.2 per cent to £4 billion (FY2023: £3.3 billion), generating a pre-tax profit £18.1 million (FY2023: -£288.1 million).
Group CEO, Cathal O’Rourke, said: “It’s a testament to the business and the strength of our leadership that we had an internal candidate with such a strong, people-focused leadership style and depth of operational experience.
“This is an exciting time for our business, and I am looking forward to working closely with Peter, along with the wider Europe Executive team, as we continue to deliver on our strategic goals in Europe and to help shape Laing O’Rourke to be the best it can be for our people, our clients and our partners.”
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