Sir John Parker to Step Down as Laing O'Rourke Chair

Portfolio - People | Feb 17, 2025 | FM Business Daily

Sir John Parker to Step Down as Laing O'Rourke Chair

Sir John Parker GBE FREng, after eight years of stewardship, will step down as the Group Chair of Laing O'Rourke at the end of the company's trading year on March 31, 2025. Founded by Ray O'Rourke KBE, who will become the new Chair, the company expresses gratitude to Parker for his significant contributions. Parker will retain an ambassadorial role, providing ongoing counsel and insight. Ray O'Rourke, alongside his son Cathal O'Rourke, the current Group CEO, is set to advance the company's strategy in modern construction. Both Ray and Cathal O’Rourke lauded Parker’s influence and legacy, expressing enthusiasm for continuing the company’s strategic vision. The company remains committed to reshaping infrastructure delivery and contributing positively to the industry across the UK, the Middle East, and Australia. Parker reflected positively on his tenure and expressed confidence in the company's future success.

Sectors

  • Construction
  • Infrastructure

Geography

  • United Kingdom – Laing O'Rourke operates prominently in the UK, which is a key market of the company.
  • Middle East – The company has a notable presence and operations in the Middle East construction market.
  • Australia – Australia represents another significant market for Laing O'Rourke.

Industry

  • Construction – Laing O'Rourke is a multinational construction company, focusing on modern infrastructure development.
  • Infrastructure – The company specializes in constructing major infrastructure projects across various geographies.

Financials

    Participants

    NameRoleTypeDescription
    Laing O'RourkeCompanyTargetA multinational construction company involved in major infrastructure projects.
    Sir John Parker GBE FREngOutgoing Group ChairPersonThe current Group Chair of Laing O'Rourke stepping down after eight years.
    Ray O'Rourke KBEIncoming Group ChairPersonThe founder of Laing O'Rourke, set to take over as Group Chair.
    Cathal O'RourkeGroup CEOPersonThe current Group CEO of Laing O'Rourke and son of Ray O'Rourke.