Aecon Group Inc. announced that effective January 10, 2020, John M. Beck, Founder, former Chief Executive Officer and Executive Chairman has transitioned to the role of non-executive Chairman. Jean-Louis Servranckx, President and Chief Executive Officer, will assume full executive responsibility and will be fully supported by Mr. Beck and the Board. As part of the transition, Mr. Beck's formal employment with the Company will cease and, as a result, Mr. Beck will receive 36 months' salary and short-term incentive plan entitlements and other benefits in accordance with his employment agreement.