Philip Hoare has replaced Leo Quinn as group chief executive at Balfour Beatty, who has stepped down after ten years in the role
Stepping in to his role as group chief executive, Philip Hoare said: “I am honoured to lead Balfour Beatty in its next chapter. The financial and operational strengths of the Group – including market-leading capabilities in core growth markets – place us in a strong position for the future. With significant opportunities ahead and a talented team in an industry that is rapidly evolving, I am energised by both the challenge and the responsibility. I look forward to listening, learning, and leading as we take the next steps forward, together.”
A civil engineer, Philip Hoare brings over 30 years of experience in engineering, project management, and construction from his tenure at AtkinsRéalis Group Inc., a Toronto Stock Exchange-listed engineering services and nuclear enterprise with around 39,000 employees and CAD $9.4bn in annual revenues (approximately £5.1bn).
He was fundamental to the growth and performance of AtkinsRéalis, first as CEO of Atkins in the UK and Europe, then as president of the global Engineering Services business and finally as chief operating officer of the group.
Group chair Charles Allen, Lord Allen of Kensington, CBE, commented:
“On behalf of the Board, I am delighted to welcome Philip Hoare as Group chief executive. Philip brings with him a wealth of experience and a proven track record of leadership across the global infrastructure and engineering sectors. As Balfour Beatty enters its next chapter, we are confident that under Philip’s leadership, the Group will continue to build on the strong foundations laid over the past decade and drive forward sustainable, long-term growth.”
The news follows a strong year for Balfour Beatty.
In the first half of 2025, Balfour Beatty reported £5.15bn in revenue, a 10% increase year-on-year, and an underlying profit from operations (PFO) of £77m, flat against the same period in 2024. They also reported a £20bn pipeline in key growth areas such as UK energy, defence and transport, and US buildings.
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