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Monthly Archives: July 2014

E2L teams tackle some of Skanska’s tough topics

E2L teams tackle some of Skanska’s tough topics

To understand some of the important challenges and opportunities facing Skanska, consider the topics recently explored by this year’s Executive-to-Leader class: creating a collaborative culture, implementing USA Civil’s Bridge business transformation initiative, analyzing potential partners for public-private partnership projects, and articulating the “Why” behind what we do – defining Skanska’s purpose.

On our blog: Learning and living the Injury-Free Environment mindset

On our blog: Learning and living the Injury-Free Environment mindset

Angelica Sepulveda, a superintendent in New York City, writes about how adopting our Injury-Free Environment mindset changed her view on safety and helped her be a better leader, and how she realized that safety was just as important off the job as when on site.

More blog highlights: How the WELL Building Standard is the next step in green sports construction

More blog highlights: How the WELL Building Standard is the next step in green sports construction

The WELL Building Standard is a new protocol that focuses on how the built environment can enhance the well-being of occupants. So imagine how much a WELL Building could improve the performance of athletes, to whom performance is everything? Skanska sees great potential in this, which is why Tom Tingle, national director of our Sports Center of Excellence, and Beth Heider, chief sustainability officer, penned this blog post.

Two key operations promotions

Two key operations promotions

In New York, USA Building promoted Sean Szatkowski to senior vice president of operations. In California, USA Civil promoted Mike Smithson to vice president of operations.

Learning and having fun at Colorado’s equipment rodeo

Learning and having fun at Colorado’s equipment rodeo

A Cat 328 excavator basketball toss. A 272 skid-steer loader obstacle course. And the 420 backhoe egg game. These were among the highlights of our Rocky Mountain District’s second-annual equipment rodeo, held recently for its three new graduate hires and four interns as part of their Skanska orientation.

Shortlisted on our first Canadian bridge project

Shortlisted on our first Canadian bridge project

A Skanska consortium is one of three teams shortlisted out of six to replace one of Canada’s busiest bridges, Montreal’s Champlain Bridge. Valued by the Canadian government at between $2.8- and $4.7 billion, a successful pursuit of this public-private partnership project could open the way for us to secure more work and establish a presence in this new market.

USA Civil names interim CFO and promotes two financial leaders

USA Civil names interim CFO and promotes two financial leaders

Peter Lundstrom, currently Skanska AB’s global manager of mergers and acquisitions, was named USA Civil’s interim chief financial officer while Johan Henriksson, who had been Civil’s CFO until earlier this month, is on special assignment as president of Skanska Latin America. Reporting directly to Lundstrom will be Pat Walsh and Joe Nogues, both of whom are being promoted to the newly created position of vice president/deputy CFO for USA Civil.

CEO letter: A good first half of 2014, with improving opportunities

CEO letter: A good first half of 2014, with improving opportunities

In his quarterly letter, Johan Karlstrom, Skanska AB president and CEO, overviews the first half of the year, with our largely positive financial performance and improving economies in most of the countries where we operate providing more opportunities. He emphasizes the need for us to deliver well-executed projects in a reliable manner, and previews a new long-term forecasting system that will help us make better decisions about our company.

Strong positions in national rankings

Strong positions in national rankings

Healthcare Design magazine ranked us second in their list of healthcare construction firms, based on 2013 gross healthcare billings of $1.1 billion. Additionally, we’re near the top of several categories in Building Design + Construction magazine’s recent rankings, including being the third-largest general contractor (same as in 2013) and the third largest in healthcare (up from fourth).

Skanska sells second D.C.-area office building

Skanska sells second D.C.-area office building

We have sold the five-story, nearly 140,000-square-foot office building we developed and built at 1776 Wilson Boulevard in Arlington, Va., for $90 million, a “very strong” financial outcome. The sale was highly competitive, with significant interest in the project from major U.S. and European investors.