SNC-Lavalin CEO names ‘project oversight’ executive in effort to rein in costs - News Summed Up

SNC-Lavalin CEO names ‘project oversight’ executive in effort to rein in costs


Interim chief executive Ian Edwards has appointed Nigel White as executive vice-president of a newly created oversight project office in the United Kingdom that reports directly to the CEO. The oversight function will underpin all four sectors of the engineering and construction giant to assess risk and troubleshoot project issues, Edwards said in a release. “This new role will be integral to ensuring we meet our project delivery and execution across all our operations,” he said. “Given what transpired with mining and oil and gas over the last nine months, it’s about time there’s enhanced oversight on large-scale projects. “I think his title says it all: project oversight,” said AltaCorp Capital analyst Chris Murray.


Source: thestar June 18, 2019 15:50 UTC



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