Balfour Beatty Chief Executive Officer Eric Stenman Named San Diego Business Journal’s CEO of the Year
July 16 2024 - 12:11PM
Business Wire
Eric Stenman, Balfour Beatty president and chief executive
officer, is named the 2024 CEO of the Year in the large public
company category by the San Diego Business Journal. The awards
program, which took place on June 27 in downtown San Diego, is a
part of the publication’s CEO of the Year Awards which recognizes
CEOs’, executives’ and presidents’ contributions to company growth,
involvement and community development in the area.
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Eric Stenman, Balfour Beatty US chief
executive officer, named San Diego Business Journal's CEO of the
Year. (Photo: Business Wire)
Selected as one of six winners in the category and out of 91 CEO
finalists by San Diego Business Journal’s annual awards, Eric leads
Balfour Beatty’s operations in the U.S. for its Buildings and
Civils businesses with over 40 years of experience in the
construction industry. Some of Eric Stenman’s career highlights are
as follows:
- Responsible for more than $5 billion in revenue and
approximately over 5,000 employees throughout the U.S.
- Since 2001, he has served in roles including Division
President, Chief Enterprise Development Officer, Regional CEO and
Chief Operations officer. Eric also served at the state and
national levels of the Associated General Contractors of America
(AGC), having chaired the National Contract Documents Forum as well
as the Building Division for AGC of America and served as President
of AGC San Diego.
- Eric recognizes the company’s success depends more on the
efforts of Balfour Beatty’s employees rather than his own and
spearheads and invests in leadership development programs.
- He champions the company’s education and understanding of all
employees and their diverse backgrounds, including, but not limited
to race, ethnicity or gender to ensure Balfour Beatty’s core
behavior of “Value Everyone” is seen and felt across the
business.
- Eric has fueled Balfour Beatty’s growth strategy by tapping
into expert capabilities that are unique to each market and
geographic location across the U.S.
- He invests in new technologies, like AI, to ensure the company
has industry-leading tools and resources to deliver maximum value
and expertise to clients. Eric also commits to listening and
considering teammates’ ideas to improve business processes by
embedding an ideation platform for employees to share, evolve and
deliver scalable improvements.
- Through his steadfast belief in teamwork and focus on safety,
health and wellbeing of every teammate on the jobsite and beyond,
Eric supports project teams in achieving the company’s lowest
safety metrics to-date within the company’s Buildings and Civils
businesses.
- He supports and participates in Balfour Beatty’s philanthropic
contributions to organizations such as Make-A-Wish Foundation,
American Cancer Society, Green Apple Day of Service, Ronald
McDonald House and the Alabaster Jar Project. He was also named
Good Scout of the Year by the San Diego Imperial Council of the Boy
Scouts of America which recognizes leaders who have made
significant impact in both business and greater community.
“Our employees work hard to make our company what it is today,
and it is an honor to serve them as they deliver vital
infrastructure such as roads and bridges to drive on, hotels to
stay in, hospitals to seek medical treatment, educational
institutions to teach future generations and federal buildings that
support our country,” said Eric Stenman, Balfour Beatty US
president and chief executive officer. “While one person gets to
hold the title of CEO and receive this recognition, I do so on
behalf of all our teammates across the nation who provide for our
communities each and every day.”
About Balfour Beatty US
Balfour Beatty is an industry-leading provider of general
contracting, at-risk construction management and design-build
services for public and private sector clients across the United
States. Headquartered in Dallas, Texas, the company performs heavy
civil, rail and a broad variety of vertical construction. The
company is held by Balfour Beatty plc (LSE: BBY), who is a global
leader in international infrastructure with interests in Hong Kong,
UK and US. Balfour Beatty US is ranked among the top domestic
building contractors in the United States by Engineering
News-Record. To learn more, visit www.balfourbeattyus.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240716384268/en/
Ashley Melesse +1 (214) 451-1706
amelesse@balfourbeattyus.com
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