Toronto, Ontario – November 5, 2018: Aecon Group Inc. (TSX: ARE) announced today that the Honourable Brian V. Tobin, P.C., O.C. will step down from Aecon’s board of directors, effective December 31, 2018.
The announcement follows Mr. Tobin’s appointment as Vice-Chair of BMO Financial Group. Mr. Tobin joined Aecon’s board in 2005, most recently serving as Lead Director. The board of directors will appoint a new Lead Director in due course.
“In his 13 years serving on the board, Brian has brought a wealth of experience and dedication to Aecon. Throughout his tenure, Brian has been a guiding force in driving Aecon’s growth and his invaluable insights have helped to shape our strategic path. He leaves behind a legacy of strong governance, Canadian leadership and the unremitting pursuit of greater shareholder value. On behalf of my fellow members of the board, it is with gratitude that we wish Brian much success in his expanded role at BMO Financial Group,” said John M. Beck, Executive Chairman, Aecon Group Inc. “Aecon’s board is comprised of dedicated industry and business leaders, and with the recent appointment of Jean-Louis Servranckx, the board is well positioned to guide Aecon in successfully executing upon the opportunities ahead.”
“It’s been a pleasure working with Aecon’s board and highly-skilled management team,” said the Hon. Brian V. Tobin. “It has been extraordinary to witness and be a part of Aecon’s growth and diversification into the Aecon of today – a leader in construction and infrastructure development in Canada, and beyond.”
About Aecon
Aecon Group Inc. (TSX: ARE) is a Canadian leader and partner-of-choice in construction and infrastructure development. Aecon provides integrated turnkey services to private and public-sector clients in the Infrastructure and Industrial sectors, and provides project management, financing and development services through its Concessions segment. For more information, please visit aecon.com and follow us on Twitter, LinkedIn, and Instagram @AeconGroup.