M&amp;A Deals Change Executive Ranks at Burns and Roe, Ware Malcomb and Valley Crest

M&A Deals Change Executive Ranks at Burns and Roe, Ware Malcomb and Valley Crest

Philip Luna will become president of Universal Pegasus International Inc. (UPI), a Houston-based oil-and-gas pipeline engineer and project manager, following the anticipated June closing of its acquisition by Huntington Ingalls Industries (HII), a Newport News, Va., shipbuilder. The planned deal was announced on May 16. Luna now is UPI president and CEO. It will be an HII subsidiary. No further transaction details were disclosed. UPI has 1,500 employees and ranks at No. 61 on ENR's list of the Top 500 Design Firms, with $217 million in 2013 revenue. HII also bought in January The S.M. Stoller Co., a Colorado environmental and energy engineer with 650 employees.

As ENR Editor-at-Large for Energy, Business and Workforce, Debra K. Rubin has a broad vantage for news, issues and trends in global engineering and construction related to key areas of global energy development and transition, corporate business and management, regulation and risk and next-generation workforce development.

Debra also launched and manages ENR's Top 200 Environmental Firms annual ranking, which defines key players in the dynamic global market for environmental services; and is editor of ENR WorkforceToday e-newsletter on industry talent management news and trends. Click here to receive this free monthly newsletter.

She also is a key organizer of ENR's annual Groundbreaking Women in Construction conference, a major AEC industry forum for talent management and women's career advancement. Click here for more detail on plans in formation for the next live event.

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The Groundbreaking Women in Construction (GWIC) conference is a leading event focusing on empowering women in the construction industry through discussions on leadership, diversity, and career development.

The annual conference features a wide array of topics, including infrastructure law, sustainability, and strategies to overcome industry challenges.

Coinciding with the release of the new 2024 Top 400 Contractors list, this annual webinar dives into the results of the Top 400 survey. We'll bring together a panel of executives from the largest contracting firms to discuss the industry’s pressing issues, from workforce challenges to data security.