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UK's Balfour Beatty appoints new CEO; shares slide

ReutersMar 5, 2025 9:08 AM

Shares of construction and infrastructure group Balfour Beatty BALF.L down as much as 5.8% to 429.2 pence, hitting lowest since Jan. 15

Says Leo Quinn to depart as CEO after more than 10 years

Appoints Philip Hoare as next top boss, who joins from Canadian engineering services group AtkinsRéalis ATRL.TO

BALF stock rose ~37.3% in 2024

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