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New Chief Executive at Balfour Beatty

Philip Hoare has joined UK-based contractor Balfour Beatty as Group Chief Executive.

Philip Hoare has joined UK-based contractor Balfour Beatty as Group Chief Executive. Philip Hoare has joined UK-based contractor Balfour Beatty as Group Chief Executive. Image: Balfour Beatty

A civil engineer, Hoare brings over 30 years of experience in engineering, project management, and construction from his tenure at AtkinsRéalis Group Inc., a Toronto Stock Exchange-listed engineering services and nuclear enterprise with around 39,000 employees and CAD $9.4 billion (US$6.8 billion) in annual revenues.

At AtkinsRéalis, he served as CEO of Atkins in the UK and Europe, then as President of the global Engineering Services business and finally as Chief Operating Officer of the group.

“I am honoured to lead Balfour Beatty in its next chapter. The financial and operational strengths of the Group – including market-leading capabilities in core growth markets – place us in a strong position for the future,” said Hoare.

In the first half of 2025, Balfour Beatty recorded growth across its earnings-based businesses, reaffirming its expectations for increased profit from operations for both 2025 and 2026. The company now holds a record £19.5 billion (US$26.3 billion) order book and is supported by an additional £20 billion (US$27 billion) pipeline in key growth areas such as UK energy, defence and transport, and US buildings.

Group Chair Charles Allen, Lord Allen of Kensington, CBE, said, “As Balfour Beatty enters its next chapter, we are confident that under Philip’s leadership, the Group will continue to build on the strong foundations laid over the past decade and drive forward sustainable, long-term growth.”

The July-August issue of International Construction includes a list of the world’s 100 biggest contractors

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