McMillen Jacobs Associates announces split-off reorganization
(WO) — McMillen Jacobs Associates announced a split-off reorganization on Dec. 1, whereby the Water Resources Division separated from the parent company. The company’s Underground Division remains.
“Since the 2014 merger, our divisions have evolved and grown, and this split-off reorganization will allow each business to have the strategic focus it needs to move into the future,” Dan Adams, CEO of the parent company, said.
The move allows management of each company to devote more energy on strategies that align with their clients, staff, and type of work. The split-off reorganization was voted on and approved by shareholders on November 17, 2022, and takes effect Dec. 1.
Victor Romero continues as president of the Underground Division business, and Mara McMillen continues as president of the Water Resources Division business. Both businesses will rebrand under new names. Where both businesses are currently teamed to deliver collectively to a client, this will be achieved through formal partnership arrangements going forward.
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