Well-known North Texas business executive Steven J. Demetriou has been elected as an independent board member by Arcosa Inc., a Dallas-based provider of infrastructure-related products and solutions.
Demetriou is executive chair of the board of Jacobs Solutions Inc., a Dallas-based global professional services company that designs and deploys technology-centric solutions for many of the world’s most complex challenges.
He will serve as a member of Arcosa’s Governance and Sustainability and Human Resources Committees.
“We are excited to welcome Steve to the Arcosa Board. With over twenty years in the role of Chief Executive Officer and extensive public company board service, he brings valuable perspectives to Arcosa,” Rhys J. Best, non-executive chairman of the board, said in a statement. “Over the course of his career, he has gained broad experience with companies in a range of industries, and his construction and infrastructure-focused end market exposure at Jacobs will be a tremendous asset to the Arcosa Board. Steve has been a successful transformational leader driving ESG related initiatives, and we look forward to his strategic input as we continue to execute on our long-term vision.”
Filling board vacancy
Arcosa said his election fills the vacant seat following the Nov. 4 retirement of Douglas L. Rock, who served on the board since the company’s spin-off as an independent company in November 2018. He previously served on the Board of Trinity Industries Inc., the company’s former parent, joining in 2010.
“On behalf of the board of directors, I thank Doug for his 12 years of combined service to Arcosa and Trinity. Doug has enriched Arcosa and the Board with his broad leadership experience and significant strategic insight. His contributions, particularly through our early days as a new public company, have been invaluable to the company and its shareholders,” Best said.
Demetriou was chair of the board and CEO of Jacobs from 2015 to January. Before Jacobs, Demetriou was chairman and CEO of Aleris Corp. from 2004 to 2015, chief executive officer of Noveon Inc. from 2001 to 2004, and EVP of IMC Global Inc. from 1999 to 2001. He held various leadership positions with Cytec Industries Inc. and ExxonMobil Corp. from 1981 to 1999.
Arcosa is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets.
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