2 June of 2022

CIMIC Group (CIMIC) is pleased to announce the promotion of Pedro Vicente to CIMIC Chief Executive Officer, from Executive General Manager Operations, effective immediately.

Juan Santamaria, currently Executive Chairman and Chief Executive Officer of CIMIC, will continue to serve as Executive Chairman. He has also accepted a position as Chief Executive Officer of Actividades de Construcción y Servicios, SA (ACS). ACS is the largest shareholder in HOCHTIEF, which is currently completing its 100% acquisition of CIMIC.

Mr Santamaria said: “An experienced executive leader with a deep understanding of the infrastructure, services and resources sectors, Pedro will ensure CIMIC continues to be a trusted partner to our clients and communities.

“Pedro has strong knowledge of our business and more than 25 years of international experience in the contracting industry. He has direct experience in our Australian and Asian operations, and formerly led Dragados Australia and Leighton Asia.

“I am confident CIMIC will continue its positive momentum – delivering important projects for Australian communities, employing locals, and contributing to national prosperity – under Pedro’s direction.”

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Source: Cimic