|By PR Newswire||
|August 18, 2014 02:30 AM EDT||
NEW YORK, Aug. 18, 2014 /PRNewswire/ -- Skanska AB (NASDAQ: SKA B) named Richard Cavallaro an executive vice president of Skanska AB and president and chief executive officer of Skanska USA, overseeing the company's U.S. construction operations, which had combined revenue in 2013 of nearly $7 billion. Cavallaro, who also will be a member of Skanska AB's Senior Executive Team (SET), succeeds Michael McNally who is retiring from the same role as planned at the end of the year.
Michael Cobelli steps into Cavallaro's role as president and chief executive officer of the Skanska USA Civil business unit.
Both Cavallaro and Cobelli are long-time Skanska veterans. Cavallaro has been with Skanska since 1996 and has led the civil business unit for the past five years doubling its revenue and tripling its profit. Under his leadership, USA Civil expanded its geographic footprint, shifted from a regional player to a national competitor, became a significant force in the power and industrial space and consistently achieved the company's best safety record.
"Rich has a deep understanding of our clients' needs; a track record of strategic leadership; depth of knowledge; and a straight-forward communications approach. Adding all of that to his ability to consistently drive results makes me certain that he will continue to strengthen our US operations," said McNally.
As president and CEO of Skanska USA Inc., Cavallaro will be responsible for Skanska's US construction operations including USA Building, which specializes in building construction, and USA Civil, which is focused on civil infrastructure. He will be one of nine members of Skanska AB's Senior Executive Team responsible for global operations.
McNally is retiring after 35 years in construction and six years as Skanska's US leader. During his tenure, McNally transformed the business into a powerful brand and it grew to become the second largest domestic building contractor and the third largest domestic heavy civil contractor. McNally is known for his ability to bring people together and has been the driving force behind One Skanska, a transformation effort begun in 2009 to foster a collaborative culture and integrate all of Skanska's US services and geographies.
"It is an honor to lead our tremendous team of employees and this great company. I'm committed to building on Mike's legacy of One Skanska and working together to innovate and deliver for our clients," said Cavallaro. "Mike has been a great partner and mentor. Because of his relentless focus on our values and advocacy for safety and sustainability, we are known not just as a successful company but a company that cares about its people and our communities."
"It has been a privilege and a pleasure to be part of the Skanska family – to be part of a team of smart, proud, hardworking people who have built some of the world's most complex and important structures," said McNally. "I feel lucky that I could contribute to the growth of a company that has done so much to improve the communities where we live and work and I see nothing but potential for Skanska on the horizon."
USA Civil Chief Operating Officer Michael Cobelli moves into the role of president and chief executive officer of USA Civil. Cobelli has been with Skanska for his entire 30-year career, with a strong focus on project execution. He has personally been involved in constructing some of the most complex and high-profile heavy civil construction projects in the US.
For bios of McNally, Cavallaro and Cobelli, click here.
This and previous releases can also be found at www.usa.skanska.com
Skanska USA is one of the largest, most financially sound construction and development companies in the U.S., serving a broad range of clients including those in transportation, power, industrial, water/wastewater, healthcare, education, sports, data centers, government, aviation and commercial. Headquartered in New York with offices in 33 metro areas, we have more than 9,600 employees committed to being leaders in safety, project execution, sustainability, ethics and people development. In 2013, our work in building construction, civil and power/industrial construction, commercial development and infrastructure development (public-private partnerships) generated nearly $7 billion in revenue. Global revenue of parent company Skanska AB, headquartered in Stockholm and listed on the Stockholm Stock Exchange, totaled $21 billion in 2013. Skanska shares are publically traded in the U.S. on the OTC market under the symbol SKBSY through a Level I American Depository Receipt program.
SOURCE Skanska USA
For almost two decades, businesses have discovered great opportunities to engage with customers and even expand revenue through digital systems, including web and mobile applications. Yet, even now, the conversation between the business and the technologists that deliver these systems is strained, in large part due to misaligned objectives. In his session at DevOps Summit, James Urquhart, Senior Vice President of Performance Analytics at SOASTA, Inc., will discuss how measuring user outcomes –...
Oct. 9, 2015 01:00 PM EDT Reads: 444
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
Oct. 9, 2015 01:00 PM EDT Reads: 581
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Oct. 9, 2015 01:00 PM EDT Reads: 292
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 9, 2015 01:00 PM EDT Reads: 769
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
Oct. 9, 2015 01:00 PM EDT Reads: 136
DevOps is here to stay because it works. Most businesses using this methodology are already realizing a wide range of real, measurable benefits as a result of implementing DevOps, including the breakdown of inter-departmental silos, faster delivery of new features and more stable operating environments. To take advantage of the cloud’s improved speed and flexibility, development and operations teams need to work together more closely and productively. In his session at DevOps Summit, Prashanth...
Oct. 9, 2015 12:53 PM EDT
As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ability. Many are unable to effectively engage and inspire, creating forward momentum in the direction of desired change. Renowned for its approach to leadership and emphasis on their people, organizations increasingly look to our military for insight into these challenges.
Oct. 9, 2015 12:45 PM EDT Reads: 131
Achim Weiss is Chief Executive Officer and co-founder of ProfitBricks. In 1995, he broke off his studies to co-found the web hosting company "Schlund+Partner." The company "Schlund+Partner" later became the 1&1 web hosting product line. From 1995 to 2008, he was the technical director for several important projects: the largest web hosting platform in the world, the second largest DSL platform, a video on-demand delivery network, the largest eMail backend in Europe, and a universal billing syste...
Oct. 9, 2015 12:45 PM EDT Reads: 165
Docker is hot. However, as Docker container use spreads into more mature production pipelines, there can be issues about control of Docker images to ensure they are production-ready. Is a promotion-based model appropriate to control and track the flow of Docker images from development to production? In his session at DevOps Summit, Fred Simon, Co-founder and Chief Architect of JFrog, will demonstrate how to implement a promotion model for Docker images using a binary repository, and then show h...
Oct. 9, 2015 12:45 PM EDT Reads: 120
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Oct. 9, 2015 12:45 PM EDT Reads: 118
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll sha...
Oct. 9, 2015 12:30 PM EDT Reads: 552
In his session at DevOps Summit, Bryan Cantrill, CTO at Joyent, will demonstrate a third path: containers on multi-tenant bare metal that maximizes performance, security, and networking connectivity.
Oct. 9, 2015 12:30 PM EDT Reads: 172
DevOps has often been described in terms of CAMS: Culture, Automation, Measuring, Sharing. While we’ve seen a lot of focus on the “A” and even on the “M”, there are very few examples of why the “C" is equally important in the DevOps equation. In her session at @DevOps Summit, Lori MacVittie, of F5 Networks, will explore HTTP/1 and HTTP/2 along with Microservices to illustrate why a collaborative culture between Dev, Ops, and the Network is critical to ensuring success.
Oct. 9, 2015 12:30 PM EDT Reads: 164
Manufacturing has widely adopted standardized and automated processes to create designs, build them, and maintain them through their life cycle. However, many modern manufacturing systems go beyond mechanized workflows to introduce empowered workers, flexible collaboration, and rapid iteration. Such behaviors also characterize open source software development and are at the heart of DevOps culture, processes, and tooling.
Oct. 9, 2015 12:30 PM EDT Reads: 1,102
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively.
Oct. 9, 2015 12:15 PM EDT Reads: 156