December 27, 2014 12:42 PM ET

Construction and Engineering

Company Overview of Parsons Brinckerhoff Group Inc.

Company Overview

Parsons Brinckerhoff Group Inc. engages in planning, developing, designing, constructing, operating, and maintaining various infrastructure projects to public and private clients worldwide. The company specializes in strategic consulting, planning, engineering, program management, construction management, and operations and maintenance. It undertakes building engineering, government, mining, operations and maintenance, planning and environment, power/energy, program/construction management, specialized services, strategic consulting, sustainable development, transportation, visualization, and water projects. The company was founded in 1885 and is headquartered in New York, New York with offi...

One Penn Plaza

New York, NY 10119

United States

Founded in 1885





Key Executives for Parsons Brinckerhoff Group Inc.

Chief Executive Officer
Chief Financial Officer
Global Chief Operating Officer
Compensation as of Fiscal Year 2014.

Parsons Brinckerhoff Group Inc. Key Developments

Randy Hubler Joins Parsons Brinckerhoff as Manager of Contract Performance

Randy Hubler has been named Manager of Contract Performance for the US transportation company of Parsons Brinckerhoff. In his new position, Mr. Hubler, who is based in the firm's New York City office, will focus on Parsons Brinckerhoff's contract management performance, developing a comprehensive approach to contract management policies, procedures, tools, and reports. He also will also advise project teams on successful contractual strategies. Prior to joining Parsons Brinckerhoff, he was a contracts and claims consultant for a global rail signaling systems company responsible for on-site contract management training and development as well as collaborating with the legal and project management functions to deliver contract management services. He previously served as Director of Contract Management, North America, for a global provider of passenger railcars and signaling systems for the high-speed rail, transit, and freight rail transportation markets.

Parsons Brinckerhoff Group Inc., WSP Global Inc. - M&A Call

To discuss the acquisition agreement by WSP Global with Balfour Beatty plc and certain of its subsidiaries in connection with the acquisition of all of the issued and outstanding capital stock of the entities comprising the business of Parsons Brinckerhoff Group Inc., the Offering and the Concurrent Private Placement

Carillion To Reportedly Sweeten Merger Proposal For Balfour Beatty

Carillion plc (LSE:CLLN) is likely to sweeten its merger proposals for Balfour Beatty plc (LSE:BBY) and Balfour Beatty’s key investors are urging the reopening of discussions ahead of August 22, 2014 deadline, The Mail on Sunday reported. City sources stated that Carillion will encourage Balfour Beatty's investors to put pressure on the board to begin fresh discussions. The sources feel that Carillion could offer an enhanced cash dividend to investors, in addition to the 8.5 pence additional dividend it has already offered - worth £59 million. The funds would come from the sale of Parsons Brinckerhoff Group Inc. Balfour Beatty had rejected Carillion's latest all-share merger proposal. However, it is understood that Carillion is in contact with leading Balfour Beatty shareholders this weekend. A source close to the deal said: 'Balfour Beatty has delivered four profit warnings in 18 months. Shareholders have lost confidence in the company.' The terms of the proposed merger would see Balfour Beatty hold 53% of the new company, while Carillion would hold 47%.

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