Construction leader AECOM announced in a recent “governance agreement” with investor Starboard Value LLP that Chief Executive Officer and Chairman Michael Burke will retire as soon as the company names a new CEO or until the firm’s 2020 annual meeting in March.

Burke, who joined AECOM in 2005, assumed the role of CEO in 2014 and chairman in 2015. AECOM will also hire a new chairman, and the investment firm has recommended three new outside board members. Click here for more on AECOM’s announcement and other construction executive news.