Skanska promotes Holms to General Manager and Executive Vice President for Northern California

OAKLAND, Calif. – (December 27, 2011) – Skanska USA’s building business unit announced today that it has promoted Bruce Holms to Executive Vice President and General Manager of Northern California operations. Bob Babitsky, who had been filling this role, will focus on his primary position of Co-Chief Operating Officer for California.

“In nine years of working with Bruce at Skanska, he has shown himself to be a fantastic leader,” said Babitsky. “He combines years of large-scale project experience in a variety of industries with a management style that motivates. We’re thrilled to hand him the reins for NorCal.”

Holms came to Skanska nine years ago after many years with a competitor. His project portfolio spans nearly every major sector Skanska builds for, including government, mixed-use, aviation, higher and primary education, retail, high tech and more. While Bruce has spent the past nine years on Skanska’s Seattle executive team, he has worked throughout the western region.

Holms will be based in Skanska’s Oakland office.

Skanska USA is one of the largest, most financially sound construction networks in the country serving a broad range of industries including healthcare, education, sports, data centers, government, aviation, transportation, and water/wastewater. Headquartered in New York with 35 offices across the country, Skanska USA employs approximately 7,000 employees who are committed to sustainable construction and an injury-free workplace. Skanska USA Building, which specializes in building construction, and Skanska USA Civil, which is focused on civil infrastructure, generated $4.8 billion in revenue in 2010, representing 30 percent of Skanska’s global revenues. Additional operations in the U.S. include Skanska USA Commercial Development, which pursues commercial development initiatives in select U.S. markets, and Skanska Infrastructure Development Americas, which develops public-private partnerships. Global revenue of parent company Skanska AB, headquartered in Stockholm and listed on the Stockholm Stock Exchange, totalled $16.9 billion in 2010.

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