Consor Holdings Appoints Dr. Hisham Mahmoud as Chairman of the Board
Slice of Construction Team
Aug 15, 2024
Key Highlights:
- Consor Holdings announces Dr. Hisham Mahmoud as new Chairman of the Board.
- Dr. Mahmoud brings over 35 years of experience in the engineering and construction industry.
- New Mountain Capital backs Consor's growth with significant investment.
- Chris Rayasam, Consor CEO, praises the strategic partnership.
Source (Business Wire)
Quotes
“ "Hisham brings a new level of strategic insight to Consor with his deep knowledge and experience in the industry. Our leadership team is excited about how he will drive our long-term vision forward, which includes our commitment to investing in our people and communities." ”
Chris Rayasam, President and CEO at Consor
Our Take:
The appointment of Dr. Hisham Mahmoud as Chairman of the Board at Consor Holdings signals a pivotal moment for the firm, especially with the backing of New Mountain Capital. Dr. Mahmoud’s extensive experience in scaling organizations aligns perfectly with Consor's vision of becoming a market leader in the transportation and water infrastructure sectors. With his leadership, Consor is well-positioned to advance its growth strategy, leveraging its strong industry relationships and commitment to community investment. This strategic move underscores the firm’s dedication to not only maintaining but also significantly enhancing its market position in North America.
