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Bechtel Appoints Lucy Martin as President of Mining & Metals Business

Bechtel has recently announced an exciting leadership change within its Mining & Metals division. Starting April 6, 2026, Lucy Martin will take over as president, stepping into a role previously held by Ailie MacAdam, who is set to retire after a remarkable 41-year career with the company. Martin's extensive experience in the mining sector positions her as an excellent choice to steer the business into a new phase of growth.

Leadership Background

Lucy Martin is no stranger to Bechtel, having dedicated over 24 years to the company. During her tenure, she has built a solid reputation as a leader capable of delivering both results and innovation across global markets. Her prior positions at Bechtel have equipped her with a vast array of skills that include operational management, financial strategy, and business development. In her most recent role as the General Manager for South America, Martin was responsible for overseeing all facets of the mining business in that region. This included managing profits and losses as well as nurturing key partnerships while advancing critical copper and water infrastructure projects.

Martin's leadership journey also encompasses several significant roles:

• - As Operations Manager for the Americas, she enhanced operational performance across various projects, focusing on delivering outcomes and managing operational risks.
• - Serving as Chief Financial Officer for Mining & Metals, she spearheaded the company's commercial strategy, improving financial performance and ensuring robust risk management.
• - As General Manager for Asia Pacific, Martin successfully expanded the company's iron ore offerings and established the Centre of Excellence for bulk material handling, deepening relationships with customers in the region.

Strategic Vision for the Future

With her new appointment, Martin expresses a clear vision to capitalize on the existing momentum within the Mining & Metals business. She emphasizes a commitment to understanding the rapidly changing global market and refining how Bechtel supports its customers. "Our Mining & Metals business boasts strong momentum and a clear strategy," Martin stated. She further articulated her goal of enhancing the company's ability to tackle its customers' most significant challenges, prioritizing cost-effective development, safety, productivity, and reliability.

Ailie MacAdam, the outgoing president, leaves behind a legacy of remarkable execution and financial growth. Under her leadership, the Mining & Metals division successfully completed major projects across key global markets, achieving the best new work bookings in 15 years during 2025. MacAdam's contributions have not only strengthened the division but set a robust foundation for future growth under Martin's leadership.

About Bechtel

Bechtel is recognized worldwide as a trusted partner in engineering, construction, and project management. Their commitment to delivering exceptional results has enabled them to complete over 25,000 projects in 160 countries since their inception in 1898. The company's portfolio encompasses the Energy, Infrastructure, Manufacturing Technology, Mining & Metals, and Nuclear sectors, with service offerings covering everything from initial planning to operational support.

As Lucy Martin embarks on this new role leading Bechtel's Mining & Metals division, the industry eagerly anticipates how her innovative approach and strategic vision will influence the company's trajectory in the years to come. For further details about Bechtel's capabilities and solutions in Mining & Metals, visit bechtel.com.