AECOM to relocate its Global Headquarters in Los Angeles
AECOM (NYSE:ACM) has announced the relocation of its global headquarters from Century City to downtown Los Angeles, effective January 1, 2021. The company will consolidate its operations into existing offices at 300 South Grand Avenue, enhancing collaboration and efficiency. CEO Troy Rudd emphasized a focus on transforming to a higher-margin, lower-risk Professional Services firm and optimizing the real estate portfolio as crucial for stakeholder commitments.
- Consolidation of headquarters may enhance operational efficiency.
- Focus on transforming to a higher-margin, lower-risk business model.
- None.
LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced it will relocate its global headquarters from the Century City business district in Los Angeles to downtown Los Angeles, effective January 1, 2021.
The company will close its offices at 1999 Avenue of the Stars and consolidate its headquarters and Corporate employees into existing AECOM offices at 300 South Grand Avenue.
“As we continue our transformation to a higher-margin, lower-risk Professional Services firm, we are focused on ensuring our teams have the best opportunity to collaborate and deliver for our clients,” said Troy Rudd, AECOM’s chief executive officer. “We are continuing to prioritize our time and capital towards delivering on our commitment to our stakeholders, and optimizing our real estate portfolio is a key driver of achieving these objectives.”
About AECOM
AECOM (NYSE:ACM) is the world’s premier infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. We partner with our clients in the public and private sectors to solve their most complex challenges and build legacies for generations to come. On projects spanning transportation, buildings, water, governments, energy and the environment, our teams are driven by a common purpose to deliver a better world. AECOM is a Fortune 500 firm and its Professional Services business had revenue of approximately
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