Replacement for PwC US infra business named

Peter Raymond is now handling US infrastructure for PricewaterhouseCoopers. Raymond is an experienced adviser who will replace former US and global infrastructure head Carter Pate.

PricewaterhouseCoopers (PwC) has replaced departed infrastructure head Carter Pate.

PwC put Peter Raymond in charge of its infrastructure business for the US. His official title is practice leader of capital projects and infrastructure, North America, according to a statement.

Raymond, partner, is touted as an experienced transportation, telecommunication, water and power guru. He also has an extensive public sector resume. Raymond, who will be based in McLean, Virginia, is a Georgetown University alumnus.

‘Big Four’ accounting firm PwC lost Pate, a widely regarded turnaround specialist, when, according to PwC, he “retired”. In July, minibus company MV Transportation named Pate chief executive officer.

Pate authored a book, The Phoenix Effect: Nine Revitalizing Strategies No Company Can Do Without, published in 2002.

At PwC, Pate had handled both US and global infrastructure. His exit pushed Richard Abadie into the role of global infrastructure leader.