Toronto, Ontario – March 3, 2009: Aecon Group Inc. (TSX: ARE) today announced the appointment of Tony Franceschini, President and CEO of Stantec Inc., to Aecon’s Board of Directors.
Mr. Franceschini joined Stantec (then known as Stanley) in 1978 and has served as its President and CEO since 1998. During his time with Stantec, he has been instrumental in the successful acquisition and integration of more than 50 companies in Canada, the US and the Caribbean, bringing them together under a single global brand. He has served as a director of Stantec since it became publicly traded in 1994.
Mr. Franceschini also serves as a director of Seattle-based Esterline Technologies Corporation, a leading specialty manufacturer in the aerospace/defense markets, is a director of Edmonton-based ZCL Composites, a leading manufacturer of fiberglass storage tanks, and is a director of privately held CCI Thermal Technologies Inc., an Edmonton-based manufacturer of industrial heating products and custom-engineered process heating equipment. He is a director of the Alberta Health Services Board and a past member of the University of Alberta Hospital Foundation Board, the Alberta Heart Institute Strategy Council and is past chairman of Junior Achievement of Northern Alberta and the Northwest Territories. Mr. Franceschini is a civil engineer by training and a fellow of the respected Canadian Academy of Engineering.
“On behalf of our employees and our shareholders, I welcome Mr. Franceschini as a Director. He brings a wealth of experience and a fresh outlook to the deliberations of the Board,” said John M. Beck, Chairman and CEO, Aecon Group Inc.
Aecon Group Inc. is Canada’s largest publicly traded construction and infrastructure development company. Aecon and its subsidiaries provide services to private and public sector clients throughout Canada and on a selected basis internationally. Aecon is pleased to be recognized as one of the 10 Best Employers in Canada as published by Report on Business Magazine, as well as one of the Top 100 Employers in Canada as published in Maclean’s Magazine.