Big news out of Denver last week with the announcement that Chairman and CEO Ralph Peterson will step down as CEO effective January 1, 2009. Lee McIntire, who is currently the firm's president and chief operating officer, will become the firm's CEO at that time.
Peterson, who has served as CEO since 1991 and has been employed with CH2M Hill since 1965, will continue to serve as the firm's chairman through the completion of his current term, and will retire in October 2009.
During Peterson's tenure as CEO, the firm has grown from just over $400 million in revenues to $5.8 billion, according to a press release announcing the transition. Peterson was the 148th person hired in a firm that now has more than 25,000 employees and was named this year by Fortune magazine as one of the 100 Best Companies to Work For.
McIntire, who joined CH2M Hill in 2006 as president and CEO has more than 30 years of experience in the engineering and construction industry.
Ed
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