CEO of ARCADIS U.S. Steve Blake Announces Retirement
CEO of ARCADIS U.S. Steve Blake Announces Retirement
HIGHLANDS RANCH, Colo.--(BUSINESS WIRE)-- ARCADIS (EURONEXT: ARCAD), a leading international design, consulting, engineering and management services company, today announced the intended retirement of its CEO Steven Blake. Blake has served as CEO of ARCADIS US for 16 years, has been a member of the ARCADIS executive board for eight years and has worked for ARCADIS for a total of 26 years. He has set June 1, 2013 as his date of retirement.
Steve Blake, ARCADIS CEO (Photo: Business Wire)
During his tenure, ARCADIS US grew its revenue five times, while improving bottom line performance ten times. Blake was instrumental in the integration of a number of large mergers, notably with the environmental firm BBL in 2005 and with water consulting and engineering company Malcolm Pirnie in 2009. Both additions have contributed significantly to the company's growth. In addition, he successfully managed many other acquisitions that enhanced or added service lines which aided in the ARCADIS expansion. As an Executive Board member he oversaw the Global Business Line (GBL) Environment; GBL Water; Global Health and Safety and supported RTKL in their transition to be part of the ARCADIS family.
Effective June 1, 2013, ARCADIS COO Gary Coates will succeed Blake as CEO for ARCADIS US while retaining his current position. Zack Smith, chief strategy officer for ARCADIS US, has been nominated for appointment to assume Blake's post on the ARCADIS executive board. Once approved by shareholders, which is expected, Smith will assume responsibility for Latin America. Smith is currently member of the board of ARCADIS Logos in Brazil.
About ARCADIS:
ARCADIS is a leading international company providing consultancy, design, engineering and management services in infrastructure, water, environment and buildings. We enhance mobility, sustainability and quality of life by creating balance in the built and natural environments. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With 22,000 employees and more than $3.3 billion in revenues, the company has an extensive international network supported by strong local market positions. ARCADIS supports UN-HABITAT with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Visit us at: www.arcadis-us.com.
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ARCADIS
Debra Havins, 303-471-3485
Debra.Havins@arcadis-us.com
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