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SNC-Lavalin Group Inc
Symbol SNC
Shares Issued 175,554,252
Close 2020-08-24 C$ 23.29
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SNC-Lavalin appoints Alger president, infrastructure

2020-08-25 09:00 ET - News Release

Mr. Ian Edwards reports

SNC-LAVALIN ANNOUNCES NEW PRESIDENT OF INFRASTRUCTURE PROJECTS

SNC-Lavalin Group Inc. has appointed Robert (Bob) E. Alger, former chief executive officer of leading U.S. transportation contractor, The Lane Construction Corporation, as president, infrastructure projects, effective immediately.

Mr. Alger brings extensive experience in the U.S. transportation and infrastructure sector, one of SNC-Lavalin's core markets, and key growth areas. During his 40-year tenure at The Lane Construction Corporation, including 18 years as president and chief executive officer, Mr. Alger successfully delivered multiple $1-billion-plus megaprojects as part of the company's successful expansion from a regional contractor in the American Northeast to a nationwide provider. During his leadership, annual revenues increased sixfold to over $2-billion (U.S.).

As president of infrastructure projects, Mr. Alger will be responsible for continuing the successful rundown of the company's LSTK projects, which are focused on several major Canadian transportation projects, and continuing to build SNC-Lavalin's pipeline of new business in the United States. As part of that effort, he will be integral to the development and deployment of new contracting models that limit the risk associated with managing and delivering major projects.

"Bob brings a unique and highly valued skillset to SNC-Lavalin. He is at once a highly skilled engineer with a deep understanding of the full life cycle of projects, and what makes them successful, and an accomplished senior executive who has built a successful business and knows the U.S. market intimately," said Ian L. Edwards, president and CEO of SNC-Lavalin. "I look forward to working with Bob as we continue the transformation of SNC-Lavalin into a leading global engineering services firm. I would also like to thank Jonathan Wilkinson for his valuable contribution to our infrastructure business and I wish him all the best as he moves on to a new role with another organization."

About Robert E. Alger

Mr. Alger joined The Lane Construction Corporation in 1979 as a district manager and was president and CEO from 2001 to 2019. He served as chairman of The Lane Construction Corporation from July, 2019, to June, 2020. A leader in the U.S. construction industry, he is a founder member of the Construction Industry Ethics and Compliance Initiative (CIECI) and the Construction Industry Safety Initiative (CISI). He also served as chairman of the Construction Industry Round Table (CIRT) and was president of the American Society of Civil Engineers (ASCE) Construction Institute. In 2013, he was awarded the Outstanding Project and Leadership (OPAL) Award from the American Society of Civil Engineers. Mr. Alger currently serves as chairman for Lane Power and Energy Solutions, and partner and executive board member at EnREVO industries LLC.

About SNC-Lavalin Group Inc.

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset life cycle. The company's expertise is wide-ranging -- consulting and advisory, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning and sustaining capital -- and delivered to clients in four strategic sectors: EDPM (engineering, design and project management), infrastructure, nuclear and resources, supported by capital.

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