WSP | PB Global's Pierre Shoiry steps down as CEO
Current chief financial officer Alexandre L'Heureux will replace Shoiry, who will transition as vice chairman of WSP's board of directors
The president and CEO of WSP | Parsons Brinckerhoff Global (WSP | PB Global), Pierre Shoiry, announced he will soon step down from the role.
Shoiry said he will transition to the role of vice chairman at the board of directors of WSP | PB.
In his new role, Shoiry is expected to provide ongoing support to the board, and focus his efforts with the management team towards acquisition activities and other strategic opportunities.
Alexandre L'Heureux, currently chief financial officer of the firm, will succeed Shoiry as president and CEO.
The transition will be effective once a new external CFO has been recruited, according to Marketwired.
Remarking on his move, Shoiry said: "Since our 2006 initial public offering (IPO), we have developed and executed a clear corporate strategy.
"Our succession plan will ensure the continuity and the development of our vision to be the best global engineering consultancy.
"Our industry is in motion and we anticipate continued global consolidation.
"I will therefore continue to support Alexandre and the management team in the growth and enhancement of our technical expertise and geographic footprint."
The consultancy's Middle East portfolio includes projects such as Saraya Bandar Jissah in Oman.