Aecon Board to appoint Teri McKibbon as CEO - John M. Beck to become Executive Chairman

Aecon Board to appoint Teri McKibbon as CEO - John M. Beck to become Executive 
TORONTO, March 11, 2014 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today 
that its Board of Directors will appoint Teri McKibbon, currently President 
and Chief Operating Officer, as the Company's President and Chief Executive 
Officer, effective June 11, 2014, at its Annual General Meeting.  John M. Beck 
will become Executive Chairman and will continue to serve the Company on a 
full time basis. 
"The Board has been working toward our succession plan and is committed to 
ensuring a smooth transition," said Brian V. Tobin, Vice-Chair and Lead 
Director.  "We would like to extend our deep appreciation to John Beck and his 
leadership in bringing Aecon to its position today as Canada's premier 
construction and infrastructure development company.  Teri McKibbon has proven 
himself as a strategic, disciplined and focused executive as well as being a 
collaborative leader." 
John M. Beck, Chairman and CEO, added: "I have every confidence that Teri will 
lead Aecon with distinction and a relentless focus on execution.  He has been 
at the forefront of our paramount objective of improving margins and 
consistent financial performance, and of Aecon becoming the Canadian-based 
partner-of-choice for large-scale construction projects." 
In addition to his role as Chief Operating Officer since March of 2011, Mr. 
McKibbon, 50, took on the role of President in June 2013.  He has been a 
member of the Executive Committee of Aecon Group Inc. since 2006. He joined 
Aecon in 1996, and previously led Aecon's Infrastructure business. 
With more than 30 years' experience integrating and managing 
construction-related companies, he has a deep understanding of the diversity 
and complexity of Aecon's operating environment.  Mr. McKibbon is a Trustee of 
the Labourers International Union of North America, based in Washington D.C., 
and the Operating Engineers Local 793 Training Fund, based in Ontario.  He is 
a former President of the Canadian Pipeline Contractors Association and the 
Ontario Hot Mix Producers Association, and a former Board member of the 
Ontario Road Builders and Utility Contractors Associations.  Mr. McKibbon is 
certified by the Canadian Construction Association as a Gold Seal Project 
John M. Beck started in the construction business in 1963 with his parents 
with a small pre-cast concrete firm based in Montreal, which has grown into 
the Aecon we know today.  He is a respected leader in Canada's construction 
industry.  Mr. Beck has served as Chairman of the Board of the Ontario Power 
Authority and as a director of the Canadian Council for Public Private 
Partnerships. He is currently a member of the Board of Directors of the 
Ontario Financing Authority, the Macdonald-Laurier Institute for Public 
Policy, the Canadian Olympic Foundation, a member of the Advisory Council of 
the School of Public Policy at the University of Calgary, and is a member of 
the Canadian Council of Chief Executives.  Mr. Beck was inducted as a Fellow 
of the Canadian Academy of Engineering on June 2, 2011.  The Canadian Council 
for Public Private Partnerships named Mr. Beck as its P3 Champion in 2013. 
Aecon Group Inc. is a Canadian leader in construction and infrastructure 
development providing integrated turnkey services to private and public sector 
clients.  Aecon is pleased to be consistently recognized as one of the Best 
Employers in Canada.

SOURCE  Aecon Group Inc. 
Vince Borg Senior Vice President, Corporate Affairs Aecon Group Inc. 
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CO: Aecon Group Inc.
ST: Ontario
-0- Mar/11/2014 20:31 GMT
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