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SNC-Lavalin announces appointment of new President and CEO

August 10, 2012

Robert G. Card selected to head multinational E&C company

MONTREAL, Aug. 10, 2012 /PRNewswire/ – SNC-Lavalin (TSX: SNC) is pleased
to announce that, effective October 1, 2012, Robert G. Card will become
its new President and CEO, and a member of the Board of Directors.

After a global search, Bob Card was selected based on his excellent
credentials in leading engineering, construction and operations
businesses internationally. He earned a Masters degree in Environmental
and Civil Engineering from Stanford and attended Harvard. Card has
almost 40 years of experience in the operations and management of
infrastructure and energy projects in the industry and with the CH2M
Hill Companies Ltd. group, a Fortune 500 engineering services firm with
30,000 staff, a presence in more than 80 countries and $6B in revenues.

At CH2M Hill, he held a variety of positions, including President and
Group Chief Executive of the International division; President of the
Government, Environment & Nuclear division; President of the Facilities
& Infrastructure division; and President of the Energy, Water &
Facilities division, as well as having been on the Board of Directors.
From 1996 to 2001, Card oversaw the execution of a $7 billion project
for the operation, cleanup and decommissioning of the Rocky Flats
nuclear facility for the U.S. Department of Energy. More recently, he
also acted as COO for the consortia responsible for the successful
delivery of the highly challenging £9.2B ($15B) London Olympics
complex, which included everything from the design and construction of
all facilities, utilities and transportation right through to the
planning of site demolition and remediation, all on time and on budget.

Between 2001 and 2004, he acted as Under Secretary to the U.S.
Department of Energy, a Senate-approved presidential appointment in
which he oversaw 65,000 federal and contract employees, and a budget in
excess of $14 billion.

Card has broad experience in the areas of infrastructure development;
nuclear, fossil and renewable energy; water and waste management;
mining; the environment; transportation; and climate change and
technology. His expertise in delivering large-scale energy and
infrastructure projects around the world will stand him in good stead
in his new role as CEO and President of one of the world’s largest
engineering and construction firms.

“We considered several strong candidates from Canada and around the
world,” said Gwyn Morgan, Chair of the Board. “Our key focus was to
identify an experienced senior leader with both an extensive background
in the international engineering and construction (E&C) sector and a
deep understanding of the complexities of operating internationally. In
addition to having lived and worked in Canada, the U.S. and abroad, Bob
has also gained important leadership experience within the public
sector. The Selection Committee’s lengthy and thorough interviews,
followed by an assessment by the entire Board and independent, external
corroboration all reveal an exceptionally intelligent, energetic and
ethical leader, well-equipped to deal with both the specific issues
that face SNC-Lavalin and the broader strategic challenges of global
political and economic changes.”

“SNC-Lavalin has long been known as an international player with
significant credibility in the E&C sector globally and excellent
people,” says Card. “I am excited about the enormous opportunity that
this company represents. I’m looking forward to getting acquainted with
the company’s leaders and to developing a better understanding of the
next steps to be undertaken. My wife Nancy and I are looking forward to
moving to Quebec and especially to learning to speak French, which is
such an integral part of this global firm’s heritage. Montreal is an
international, cosmopolitan city and a great place to have a world
headquarters.”

Please note that a web-accessible press conference for media and the
analyst community will be held on October 1, 2012, the day that Mr.
Card assumes his new role, with further information to follow.

SNC-Lavalin is one of the leading engineering and construction groups in
the world and a major player in the ownership of infrastructure, and in
the provision of operations and maintenance services. SNC-Lavalin has
offices across Canada and in over 40 other countries around the world,
and is currently working in some 100 countries.
www.snclavalin.com.

SOURCE SNC-LAVALIN


Source: PR Newswire