Morning Briefing - April 13, 2020
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April 13, 2020

APTIM Announces New CEO

By ExchangeMonitor

Environmental and construction services provider APTIM on Friday announced its second new chief executive officer in a year.

Mark Fallon will assume the CEO position on April 20, according to an APTIM press release. He succeeds Michael Donnelly, who was appointed chief executive officer in April 2019 and is retiring.

“We are pleased to welcome Mark to APTIM as CEO,” Ramzi Musallam, CEO and managing partner of APTIM owner Veritas Capital, said in a press release. “Mark brings over twenty-five years of experience across both the government and the commercial markets that APTIM serves and is an ideal fit to lead APTIM going forward. We are confident that Mark’s strategic leadership will help us position APTIM for long-term success.”

APTIM has more than 4,000 ongoing projects globally in spheres including engineering, program management, disaster recovery, and facility maintenance.

Among other work, it decommissioned the nuclear power reactor on the STURGIS barge for the U.S. Army Corps of Engineers. It also provides maintenance and other services for nuclear power plants owned by Exelon.

Fallon since August 2018 had served as president and CEO for both Envirocon and Modern Machinery, two subsidiaries of the Washington Cos., according to his LinkedIn profile. He had held that role at Envirocon from October 2016, after more than six years with CH2M. He did an earlier stint as a CH2M vice president from 1998 to 2004.

Fallon is a member of the Department of Energy’s Environmental Management Advisory Board, which provides independent guidance on cleanup of 16 nuclear-weapon sites dating to the Manhattan Project and Cold War.

Donnelly had been with APTIM since 2018, and was promoted to CEO last April. His over 35-year career included stops at AECOM, Raytheon, URS, and other companies.

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