Laing O’Rourke was founded in 1978 by its chairman and chief executive, Ray O’Rourke, 70. The group’s prominent recent projects include London’s “Cheesegrater” tower, the tallest in the City, and Crossrail. Last year the firm’s turnover decreased 18% to £2.4bn, and it reported a loss, partly because of delays in several large projects. In April it revealed that Sir John Parker, 75, will join as chairman later this year when he steps down from the same role at the mining multinational Anglo American.
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