WSP Parsons Brinckerhoff Business Growth to Reach Double Digits
Posted on: 09/04/2015

WSP Parsons Brinckerhoff has recently announced a new restructure for their management team which they hope will boost their targets to double-digit growth in the UK.

The Canadian-owned engineering group WSP bought Parsons Brinckerhoff, multinational transport engineering group, last October for a reported £820m. In the early months of this year the newly merged business appointed former WSP UK managing director Mark Naysmith (pictured) as chief operating officer for the UK, alongside the appointment of Parsons Brinckerhoff’s former Africa Managing Director Ian Mclean heading up the energy and industry division.

Naysmith has now chosen a structure for his sector of the business and has inducted seven industry experts into his leadership team; the selected include tall buildings expert Kamran Moazami and Philippe Honorrat, in addition to two former Parsons Brinckerhoff staff Darren Reed and Steve Reynolds.

Out of nine senior operational managers six hold former experiences at WSP, this compared to only three former Parsons Brinckerhoff managers.

The takeover by WSP created a multinational company employing more than 32,000 people, and bringing in revenues in excess of £2bn.

Naysmith said that whilst the strategic business planning was still ongoing, targets for the consultancy would be at least “double digit” revenue growth over the following years, and an increase in more than 1,000 staff this year alone.

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