AECOM Hires David Rottblatt to Lead Private Sector Aviation Growth

Management
โดย Insider Monkey·Read original
Summary · why it matters

AECOM has appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Rottblatt, who previously served as Chief Operating Officer at Supernal, brings more than two decades of leadership experience, including 15 years in the global aviation industry, and will be based in California. The hire follows a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, and a Barclays price target cut to $90 from $110 with an Equal Weight rating.

Impact on stocks 3

Financials± Mixed · 2 stocks
Bank of America Corp
BAC
▲ PositiveCapitalrelevance

Bank of America led the syndicate for AECOM's new $500 million credit facility.

Barclays PLC
BARC
▼ NegativeCapitalrelevance

Barclays cut AECOM price target to $90 from $110.

Climate Adaptation & Water · 1 stocks

Off-coverage companies 1

SupernalPrivate± Mixed
relevance