CEO of American Bridge Company Announces Retirement, Successor NamedCEO of American Bridge Company Announces Retirement, Successor Named https://www.southlandholdings.com/wp-content/themes/corpus/images/empty/thumbnail.jpg 150 150 Southland Holdings Southland Holdings https://www.southlandholdings.com/wp-content/themes/corpus/images/empty/thumbnail.jpg
Pittsburgh, Pennsylvania – Today, the Board of Directors for American Bridge Holding Company announced that President and CEO Michael D. Flowers, PE, has decided to retire when his current term of office expires at the end of the year. During his time as the head of American Bridge, Mike led the company through a period of organizational consolidation, development, and growth. The Board of Directors has appointed Paul M. Boechler as the new President and CEO, who will take over June 1, 2016. Mike will support Paul between now and the end of the year to ensure a smooth handover of responsibilities.
A 41-year veteran of the industry, Mike is stepping down after nearly 6 years at the helm of the legendary company. In a statement to employees, he said “I’ve had the privilege to work alongside incredible leaders, gifted engineers, and iconic builders – people that have not only shaped my life, but shaped history. It has been the culmination of my career to serve as CEO.” Mike began his career with American Bridge after graduating from West Virginia University and steadily moved up the ranks. While working, he also obtained a Masters in Civil Engineering from the University of Pittsburgh. Mike has been involved in hundreds of projects for the company ranging from commercial buildings to major infrastructure projects. Prior to being named CEO, he was project director for the $1.9B San Francisco-Oakland Bay Self-Anchored Suspension Span, the largest of its kind in the world. During his tenure, the Company has seen major success domestically and overseas with projects such as the Tappan Zee Hudson River Crossing and Queensferry Crossing, and is well-poised for continued growth.
Incoming CEO Paul M. Boechler brings 30 years of experience successfully growing numerous companies under his charge. He has significant experience at the executive level gained at Flint, URS and most recently at AECOM. His positions included President and COO of Construction and Engineering divisions and Executive Vice President and CFO. His experience in the infrastructure and construction markets, together with his knowledge of corporate development, M&A, and complex engineering organizations will serve American Bridge well as the company continues to develop its complex structural engineering offerings.
Ahead of the formal announcement, Paul said “I am absolutely thrilled at the opportunity to serve as President and CEO for American Bridge. This is a tremendous opportunity and a great responsibility to lead a 116-year old company with the history of American Bridge, and I look forward to driving growth and advancing our capabilities worldwide.”
Jon Dale, Chairman of the Board of Directors said, “Mike has done a great job over his 40 year association with the company. The awards from industry testify to both his and the Company’s fantastic achievements. The respect he has earned from colleagues, partners, and clients are an indication of his hard work, knowledge, and dedication.”
In Paul, we have found a CEO who can guide the Company through its next stage of development. The Board and I are excited to be working with Paul as our company’s next leader.”
American Bridge is a legendary construction company whose projects include a significant proportion of the world’s large bridges, marine installations, and other complex structures. Its history, project experience, safety leadership, reputation for integrity and competence, commitment to in-house development of human talent, equipment fleet, and above all, its advanced engineering technology, make the company unique in the entire world.
The company has a highly focused business model. The most attractive project prospects are those where the application of advanced construction engineering and methodology development is rewarded with significant cost reduction, enabling AB to be cost competitive even with strong margins. This dual value proposition has enabled the company to prosper since 1900 in a highly competitive environment.