§ 01 — Group
About Wepex Group
Founded in 1976, Wepex Group is a global engineering and infrastructure firm. We plan, design, build, and operate the critical structures and systems that keep nations running — from energy corridors and port terminals to transit systems and water networks.
Founded
1976
Houston, Texas. Single port redevelopment contract. Three engineers, one tugboat, and a 50-page feasibility study.
Headquarters
New York
200 Park Avenue, NY 10166. Regional hubs in London, Dubai, Singapore, São Paulo, and Oslo.
Listed
NYSE: WPX
Member S&P 500. Continuous dividend since 2001. Market cap $28.4B at FY24 close.
Leadership team
Katherine Aldridge
Chief Executive Officer
Since 2021
Former COO of Bechtel's Infrastructure division. 28 years in global engineering. Led the $4.1B West Coast Corridor programme before joining Wepex. MBA, Stanford Graduate School of Business.
Marcus Chen
Chief Financial Officer
Since 2019
Previously CFO at AECOM Technology Corporation. 22 years in infrastructure finance. Oversaw $18B in project finance transactions across energy, transport and water. CPA, CFA.
Elena Vasquez
Chief Operating Officer
Since 2020
Former Regional Director for Latin America at Skanska. 19 years in construction management. Delivered $6.2B in civil infrastructure projects across 8 countries. MS Civil Engineering, MIT.
James Whitfield
Chief Sustainability Officer
Since 2022
Former Head of ESG at Mott MacDonald. Pioneered carbon-neutral construction frameworks adopted by 14 national regulators. Author of 'Building Beyond Carbon' (Cambridge Press, 2021). PhD Environmental Engineering.
Raj Patel
Chief Technology Officer
Since 2021
Former VP of Engineering at Siemens Mobility. Led development of autonomous tunnelling systems now deployed on 3 continents. Holds 14 patents in construction robotics. MS Robotics, ETH Zurich.
Henrik Larsen
President, Marine & Ports
Since 2017
32 years in port engineering. Managed the design and construction of 17 container terminals worldwide. Former Director of Port Engineering at Royal HaskoningDHV. MSc Coastal Engineering, Delft.
Priya Sharma
President, Energy & Grid
Since 2020
Former VP Offshore Wind at Ørsted. Delivered 4.2 GW of offshore wind capacity. Recognised in Forbes 50 Over 50 in Engineering. MS Renewable Energy, University of Edinburgh.
David Kim
General Counsel & Secretary
Since 2018
Former partner at Sullivan & Cromwell specialising in infrastructure PPP and cross-border construction disputes. JD, Columbia Law School. Admitted in New York, England & Wales, and Singapore.
Katrin Wehner
Chief Procurement Officer
Since 2023
Former VP Supply Chain at Siemens Energy. 21 years of strategic sourcing across energy, infrastructure, and industrial sectors. Led the transformation of Siemens Energy's global procurement function, reducing supplier base by 35% while improving on-time delivery by 12 percentage points. MBA, INSEAD. Member of the Chartered Institute of Procurement & Supply (MCIPS).
Board of directors
Margaret Thornton
Non-Executive Chair
Since 2019
Former CEO of National Grid plc. Dame Commander of the Order of the British Empire.
Robert Haas
Independent Non-Executive Director
Since 2017
Former Vice Chairman of Goldman Sachs. Board member at Caterpillar Inc.
Dr. Fatima Al-Rashid
Independent Non-Executive Director
Since 2020
Former CEO of Saudi Aramco Ventures. PhD Petroleum Engineering.
Takeshi Yamamoto
Independent Non-Executive Director
Since 2021
Former President of Mitsubishi Heavy Industries. 35 years in heavy engineering.
Sarah Blackwell
Independent Non-Executive Director
Since 2022
Former CFO of Fluor Corporation. Audit Committee Chair.
Ambassador Carlos Mendez
Independent Non-Executive Director
Since 2023
Former US Ambassador to the OECD. Trade policy and regulatory affairs.
History
1976
Founded in Houston. First contract: Port of Houston East Channel redevelopment. Three engineers, one borrowed crane barge, and a 50-page feasibility study that won over the Port Authority.
1985
First international project — Jubail Industrial Port, Saudi Arabia. A $180M marine construction contract that established Wepex's reputation for delivering in extreme environments.
1994
Concessions division established. First PPP: I-10 corridor, Louisiana. The $420M project proved Wepex could both build and operate infrastructure profitably over 35-year concession periods.
1998
NYSE listing. Market cap $1.4B at IPO. The offering was 4.2x oversubscribed — the largest infrastructure IPO that year.
2003
Energy & Grid division launched. First offshore wind contract: Cape Wind project, Massachusetts. Though the project itself was later cancelled, the team and expertise became the foundation for Wepex's now $11.8B energy business.
2010
Acquired Morrison-Knight Marine, doubling port engineering capacity overnight. The deal added 2,800 staff and 14 active port contracts across 4 continents.
2016
WEPEX/Lab digital engineering practice established. First project: digital twin of the Brenner Base Tunnel, which reduced change orders by 34% compared to conventional projects.
2020
COVID response: Wepex deployed 1,200 staff to build temporary hospitals in New York, London, and São Paulo in under 14 days each — a response that generated $0 in profit but immeasurable goodwill.
2024
Order book surpasses $38B. 26 countries, 38,000 people. Wepex is now the world's 7th largest engineering firm by revenue and 3rd by order book.