“Several years ago, Balfour Beatty embarked on a course of fast-paced growth. We acquired companies and expanded into new markets. The pace of our growth ultimately proved unsustainable and began to negatively impact the fiscal health and culture of the company. Over the past three years, we have focused on getting back to the basics of doing what we do best: providing our clients with expert construction solutions, supporting our local communities, and making sure that our employees have a great work environment and the resources they need to thrive. Slowing down a moving train wasn’t easy. We have had great challenges, including changes in leadership at the global, national, and local level. It has taken the perseverance and sacrifice of every person at Balfour Beatty to transform our company. However, I am proud to say that we have emerged a stronger and better company.”