Chief Operating Officer Joe Creed will assume the lead role after CEO Jim Umpleby steps down May 1, with a somewhat rocky road ahead for the company amid softening sales expectations and tariff uncertainty.
Design giant retains 2,500 California staff core; big labor group's ex-deputy now is first woman lo lead it and new secretary-treasurer Fred Redmond, a steelworkers' VP, is first Black in top exec role.
Granite Construction Inc. said on June 14 that it completed its acquisition of global water management firm Layne Christensen Co., valued at about $536 million, including net debt assumption.
