- AECOM
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AECOM Technology Corporation 
Type Public (NYSE: ACM) Industry Engineering and architectural design Founded 1990 Headquarters Los Angeles, CA Area served Worldwide Key people Richard G. Newman
(Chairman Emeritus)
John M. Dionisio
(Chairman), (CEO)Revenue 
US$ 6.5 billion (2010)Operating income US$ 286.9 million (2009)Profit US$ 351.2 million (2009)Total assets US$ 3.8 billion (2009)Total equity US$ 1.7 billion (2009)Employees 45,000 (2011) Subsidiaries List of subsidiaries Website AECOM.com AECOM Technology Corporation (NYSE: ACM; English pronunciation: /eɪ.iːˈkɒm/, US dict: ā·ē·kŏm') is a professional technical and management support services firm. The company is ranked as the number one design firm for 2010 and 2011 by Engineering News-Record and number one by Architectural Record.[1][2] It provides services in the areas of transportation, planning, environmental, energy, water and government. With approximately 45,000 employees, AECOM is listed at #353 on the Fortune 500 list.[3]
The name AECOM is an acronym for Architecture, Engineering, Consulting, Operations and Management.[4]
Contents
History
AECOM was launched as an independent company on April 6, 1990[5] with the employee buyout of Ashland Technology Corporation from its parent company, Ashland Oil & Refining Company in Lexington, Kentucky. The history of AECOM can be traced back to the early 1900s through companies that have merged together to form the present day company.[6] Through a series of acquisitions and technological developments prior to the buyout, Ashland grew to include chemical, petrochemical, highway construction and construction materials firms within its realm, laying the groundwork for the creation of Ashland Technology in 1985. One of Ashland's acquisitions included Daniel, Mann, Johnson & Mendenhall (DMJM), a transportation-related engineering firm, in 1984. Richard Newman was president of DMJM at the time of the acquisition and was later named president of Ashland Technology. When Ashland chose to return to its core petroleum refining business in the late 1980s, Newman recommended an employee buyback proposal, resulting in the spin-off of Ashland Technology and the creation of AECOM in 1990.
After scuttling a first attempt in 2002, AECOM went public in May 2007 with an initial public offering on the NYSE, netting $470 million.[7] The company underwent a re-branding in 2009, after which the majority of its subsidiaries began operating under the AECOM name.
On July 28, 2008, AECOM completed its purchase of Earth Tech, Inc., a consulting and engineering firm, from Tyco International for $510 million.[8][9]
In September 2008, AECOM and Citation Technologies launched a new international EHS Audit Protocol Platform and regulatory research tool - “IAPC Interactive.” [10]
Management
AECOM’s first president and CEO was Richard Newman, who came to Ashland through its acquisition of DMJM. Newman served as president of Ashland Technology and was instrumental in the creation of AECOM through an employee buyback when Ashland chose to return to its core petroleum business.
Newman turned over AECOM's management to its current president and CEO, John Dionisio, in October 2005 and remains the company chairman. Dionisio came to AECOM through Frederic R. Harris, Inc. and served as AECOM's chief operating officer prior to becoming president and CEO.
In 2007, AECOM added Norman Mineta, the former Secretary of the U.S. Department of Transportation under President George W. Bush and Secretary of U.S. Department of Commerce under President Bill Clinton, to its board of directors.
The current management includes:
- John M. Dionisio, chairman and chief executive officer
- Richard G. Newman, chairman, emeritus
- Daniel R. Tishman, vice chairman
- James R. Royer, vice chairman
- Francis S.Y. Bong, vice chairman
- Michael S. Burke, president,
- Jane A. Chmielinski, chief operating officer
- James M. Jaska, president, americas and government
- Fredrick W. Werner, president, corporate development
- Alan P. Krusi, president, strategic development
- Nigel C. Robinson, president, global geographies
- Stephen M. Kadenacy, executive vice president, chief financial officer
- Gregory Sauter, executive vice president, chief corporate officer
Business Services
AECOM is a global provider of professional technical and management support services to both public and private sector clients with projects on all seven continents. The corporation's reach extends to transportation design, water, environmental services, facilities construction, disaster response and governmental assistance.
Corporate Affairs
AECOM is headquartered in Los Angeles, California, United States, with clients in more than 125 countries. The company reported a revenue of US$7.7 billion during the 12 months ended June 30, 2011.
AECOM currently works in the following geographies: the Americas, Europe, Asia, the Middle East, Africa and Australia/New Zealand. The company operates under the following business lines: Architecture; Building Engineering; Construction Services; Design + Planning; Economics; Energy; Environment; Government; Mining; Oil + Gas; Program Management; Program, Cost, Consultancy; Transportation; and Water.
AECOM rebranded to allow the majority of its subsidiaries to operate under the AECOM name.[when?]
Corporate Recognition
AECOM has received various awards.[citation needed]
Subsidiaries
As of November 1, 2009, the former subsidiary companies listed below became known as AECOM. The former subsidiaries were:
- AECOM Enterprises
- Bassett Consulting Engineers
- Boyle Engineering
- Cansult Maunsell
- CityMark Architects and Engineers
- CTE (Consoer Townsend Envirodyne)
- DMJM (Daniel, Mann, Johnson, & Mendenhall)
- DMJM Aviation
- DMJM Harris
- DMJM H&N
- Earth Tech
- EDAW Inc.
- ENSR International
- ERA (Economics Research Associates)
- Faber Maunsell
- Frederic R. Harris
- Gartner Lee
- HSMM (Hayes, Seay, Mattern & Mattern Inc.)
- LAN Engineering
- Maunsell
- Metcalf + Eddy
- PADCO (Planning and Development Collaborative International)
- PT Maunsell
- RSW Inc.
- Savant
- SSI Services Inc.
- STS Consultants
- Tecsult
- TCB (Turner Collie & Braden Inc.)
- TSH (Totten Sims Hubicki Ltd.)
- UMA Engineering Ltd.
The firms below also are part of AECOM:
- Davis Langdon
- DEGW
- Ellerbe Becket
- INOCSA Ingenieria, S.L.
- McNeil Technologies Inc.
- Tishman Realty & Construction
- Spectral Services Consultants Pte. Ltd.
References
- AECOM: Fact Sheet
- Department of Civil Engineering profiles, City College of New York
- Engineering News-Record Top 500 list
- Newsweek Top Greenest Companies
- AECOM 2009 Annual Report
- ASCE Sutong Bridge Project 2010 Outstanding Civil Engineering Achievement Award
Notes
- ^ Engineering News-Record,The Top 500 Design Firms, 2009
- ^ Architectural Record, [1], June 2009
- ^ Fortune, Fortune 500, 2009.
- ^ "AECOM sells Earth Tech’s water jewels". Global Water Intelligence (Oxford: Media Analytics Ltd.) 9 (8). August 2008. Archived from the original on August 8, 2010. http://www.webcitation.org/5rpVaF5AD. Retrieved August 8, 2010. "AECOM originally stood for Architecture, Engineering, Consulting, Operations and Maintenance"
- ^ Rodengen, Jefferey L. (2010). AECOM: 20 years and counting. Fort Lauderdale, FL: Wright Stuff Enterprises, Inc.. p. 6. ISBN 978-1-932022-44-5.
- ^ Rodengen (2010), p. 38. "Metcalf & Eddy (M&E): established in 1907"
- ^ Korman, Richard (June 21, 2007). "Podcast: John M. Dionisio and Richard G. Newman: AECOM's Successful IPO". New York: Engineering News-Record and McGraw-Hill. Archived from the original on November 8, 2009. http://www.webcitation.org/5l8MxP1kb. ("Podcast: John M. Dionisio and Richard G. Newman: AECOM's Successful IPO (Audio file)" (mp3). Archived from the original on November 8, 2009. http://www.webcitation.org/query?date=2009-11-08&url=http%3A%2F%2Fenrtalk.com%2Far%2Fmp3%2Fezupload%2Ffiles%2Fpcast%2Faecom.mp3.)
- ^ Rubin, Debra K. (August 1, 2008). "MTA Names New Construction Head As AECOM Buys His Former Firm". Engineering News-Record (New york: McGraw-Hill). Archived from the original on November 18, 2009. http://www.webcitation.org/5lON11DjN. Retrieved November 18, 2009. "The megagiant also announced July 28 that it has completed its purchase of Earth Tech Inc., the Long Beach, Calif.-based engineering firm, that had been owned by Tyco International Ltd."
- ^ Korman, Richard (February 12, 2008). "AECOM Plans to Buy Earth Tech, Boyle Engineering". Engineering News-Record (New York: McGraw-Hill). Archived from the original on November 18, 2009. http://www.webcitation.org/5lOO0IoiJ. Retrieved November 18, 2009. "Using some of the funds it raised from last May's successful initial public offering, AECOM plans to acquire Earth Tech, from Tyco International Ltd., for $510 million."
- ^ http://www.ensr.aecom.com/NewsMedia/54/03/index.jsp
External links
Categories:- Companies listed on the New York Stock Exchange
- Companies based in Los Angeles, California
- Construction and civil engineering companies of the United States
- Companies established in 1990
- Engineering consulting firms
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