Parsons Brinckerhoff has appointed Richard A. Schrader chairman, succeeding Keith J. Hawksworth, who is retiring after 33 years with the firm.
In his new position, Schrader, currently Executive Vice President and Chief Financial Officer, “will provide broad policy oversight for PB,” the company said. PB has begun an executive search process for a CFO to succeed Schrader, who has been with PB for 27 years and has been a member of the firm’s Board of Directors since 1992.
Prior to joining PB in 1983, Schrader served on active military duty in the U.S. Army Corps of Engineers for 11 years with assignments on military construction projects, including command of an engineer company in Germany.
He has also served on the faculty of the United States Military Academy at West Point as Assistant Professor in theDepartment of Social Sciences. He has a bachelor’s degree from West Point, a master’s degree from The Johns Hopkins University School of Advanced International Studies, and an MBA from Long Island University.
Hawksworth, who joined PB in1976, served as CEO from December 2007 through December 2009 and during that time led a strategic planning process that resulted in PB’s October 2009 merger with Balfour Beatty, the international infrastructure group operating in professional services, construction services, support services, and infrastructure investments.
Prior to his appointment as CEO, Hawksworth was Chief Operating Officer of PB’s International division. He also served as head of PB’s Asia-Pacific operation and was PB’s Principal-in-Charge on many of the firm’s largest international projects.
“I look forward to having Rich as a partner in guiding PB going forward,” said PB President and CEO George J. Pierson. “I will continue to rely on Rich’s extensive expertise in financial management and will look to him for assistance in determining PB’s strategic direction.”
Schrader will also undertake additional duties in service of Balfour Beatty Group.