AECOM chief to step down

Michael Burke will take over for John Dionisio in a planned succession.

AECOM Technology Corporation has picked company president and chief financial officer (CFO) Michael Burke to replace John Dionisio as chief executive.

AECOM in a press statement noted Dionisio, 65, is set to step down as chief executive officer (CEO) in March in a planned succession process. Dionisio will remain with the publicly traded AECOM as executive chairman of the board.

Burke joined AECOM in 2005, taking over as CFO the following year. He was appointed president of AECOM in 2011, according to the statement.

Dionisio has been with AECOM since 1971, and was named CEO in 2005. He will remain executive chairman of the board until 2015, the company said.

Architecture and engineering concern AECOM is a well-known design firm in the public-private partnership (PPP; P3) market. AECOM in 2010 was named winning bidder for the Long Beach Court Building project in a consortium with Meridiam Infrastructure.

AECOM in 2005 backed the creation and launch of Meridiam, a greenfield infrastructure fund manager, alongside French lender Crédit Agricole.