Ferrovial appoints Pepe Baraja to lead its construction division for the U.S. and Canada

Rhea-AI Summary

Ferrovial, a global infrastructure company, has announced leadership changes in its construction division for the U.S. and Canada. Pepe Baraja has been appointed CEO for the region, replacing Angel Luis Sanchez, who has been promoted to Major Projects and Operations Director globally. These changes are part of Ferrovial's strategy to support its next phase of growth, particularly as infrastructure investment strengthens in the U.S.

Baraja, who joined Ferrovial in 2002, will oversee all ongoing projects and business development activities in North America. He previously served as chief operating officer for the U.S. and Canada, involved in key projects like the New Terminal One at JFK International Airport and the Ontario Line in Toronto. Sanchez, a 35-year veteran of the company, will now define strategy and direct major project operations globally.

Positive

• Appointment of experienced leader Pepe Baraja as CEO for U.S. and Canada
• Strategic positioning for growth in the strengthening U.S. infrastructure market
• Continuity in leadership with internal promotions

Negative

• None.

Ferrovial Construction expands leadership team to support next phase of growth

AUSTIN, Texas, July 17, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, today announced changes to its construction division's leadership team. Pepe Baraja has been appointed CEO for the U.S. and Canada, reporting to Ferrovial Construction CEO Ignacio Gastón. Baraja replaces Angel Luis Sanchez, who was promoted to serve a global role as Major Projects and Operations Director.

Ferrovial's construction division is a key pillar in its value creation, providing end-to-end technical, engineering, and production capabilities to deliver complex projects. The company prepares for its next phase of growth as infrastructure investment strengthens in the U.S.

"These appointments are a natural evolution of our organization and play to each executive's strengths," said Ferrovial Construction CEO Ignacio Gastón. "Pepe's deep knowledge of the company, coupled with his proven ability to lead intricate, large-scale projects, will be invaluable as we execute our growth plans."

As Major Projects and Operations Director, Sanchez defines strategy and directs bidding, budgeting, forecasting, and performance reviews of major projects. Additionally, Sanchez oversees their project controls, operations structures, and global workforce planning. Sanchez has been with the company for 35 years, holding several leadership positions within the construction division.

Baraja now oversees all ongoing projects and business development activities in North America as Ferrovial intensifies its efforts in the U.S. Baraja first joined the company in 2002 and has led many complex projects. Most recently, Baraja served as chief operating officer for the U.S. and Canada, involved with key projects such as the New Terminal One at JFK International Airport in New York and the Ontario Line in Toronto.

"Ferrovial has been designing, building, and operating essential infrastructure in North America for 20 years, and there are many opportunities to increase our presence and create value," said Baraja. "I'm thrilled to step into this role at such an exciting time for the company and continue delivering high-quality infrastructure for communities."

About Ferrovial

Ferrovial (Nasdaq: FER) is a leading global infrastructure company transforming highways, airports, and energy infrastructure across North America and around the world. With approximately $27 billion in market capitalization, Ferrovial is North America's largest listed road and airport infrastructure company. The company has operated in North America for more than 20 years building and managing toll roads in Ontario, Texas, Virginia, and North Carolina, and is currently developing the New Terminal One at JFK International Airport in New York. Ferrovial is present in more than 15 countries, with global headquarters in Amsterdam and U.S. headquarters in Austin, Texas. For more information, visit Ferrovial on LinkedIn and X @ferrovial, and at ferrovial.com

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SOURCE Ferrovial

FAQ

Who is the new CEO of Ferrovial Construction for the U.S. and Canada?

Pepe Baraja has been appointed as the new CEO of Ferrovial Construction for the U.S. and Canada.

What is Ferrovial's (FER) strategy for growth in North America?

Ferrovial is intensifying its efforts in the U.S. market, leveraging the strengthening infrastructure investment climate to increase its presence and create value through its construction division.

What major projects has Pepe Baraja been involved with at Ferrovial (FER)?

Pepe Baraja has been involved with key projects such as the New Terminal One at JFK International Airport in New York and the Ontario Line in Toronto.

How long has Ferrovial (FER) been operating in North America?

Ferrovial has been designing, building, and operating essential infrastructure in North America for 20 years.