| Jacqueline A. Hinman | |
| Birth Name: | Jacqueline Anne Crenca[1] [2] [3] |
| Birth Place: | Maryland, United States[4] |
| Alma Mater: | Montgomery Blair High School, Pennsylvania State University |
| Occupation: | Business executive |
| Employer: | Boardmember of Several Organizations; CH2M (Former Chairman, president and CEO) |
| Family: | George (husband) |
Jacqueline Anne "Jacque" Hinman P.E. LEED (her maiden name is Crenca and used earlier Rast as her surname which was from a previous marriage) is one of a small number of women who have led Fortune 500 companies. She was most recently the chairman, president and CEO of CH2M.[5] In the first quarter of 2024, she will take over as the CEO of Atlas Technical Consultants, based out of Austin, Texas.
Hinman received her bachelor's degree in civil/environmental engineering from Pennsylvania State University College of Engineering in 1983. She also attended the Stanford Executive Program in 2013. She is a registered professional engineer (P.E.) with accreditation under the US Green Building Council’s Leadership in Energy and Environmental Design (LEED) program.[6]
In 1988, Hinman joined CH2M in the environmental business. She worked for ten years doing design management, project management, construction management, business development, and operations management. In 1997 she became the CEO of management consulting firm Talisman Partners, which was acquired by the Infrastructure Division of Tyco in 2001. From 2001 until 2004 Hinman was senior vice president of Tyco's Facilities and Infrastructure Business (formerly Earth Tech). She owned the Azimuth Group from 2004 to 2005, serving as a senior management consultant for the construction and engineering industry.[7] After returning to CH2M, Hinman was appointed to the board of CH2M on May 6, 2008. She served in multiple Executive Roles for the company, including serving as President of the Facilities and Infrastructure Division, President of the Center for Project Excellence, and Senior VP of Global Business Development. Hinman was especially instrumental in developing the firm's sport program management business, capitalizing on its historic involvement in the sustainability aspects of the Olympic Games (Atlanta, Sydney, Salt Lake City, Vancouver) and expanding the company's work into infrastructure and overall sport program management for the London and Rio Olympics.[8] She also worked with global teams to win major programs such as the Panama Canal Expansion and the MASDAR UAE Sustainable City. Beginning in 2011 Hinman served as President of the International Division of CH2M, and oversaw the acquisition of UK-based Halcrow Group, for which she served as Chairman and CEO until its integration.[9]
Hinman took over as President and CEO in January, 2014. In July 2014 the company announced the appointment of Hinman to be the chairman of the board replacing Lee McIntire who had retired from that position on September 18, 2014.
According to The Denver Post-Business in October 2013, her position was noteworthy, as engineering had traditionally been a field in which men have dominated.[10] According to Mark Leftly of the UK's The Independent in September 2013, since her rise to the head of CH2M she is “one of the most powerful women in the industry.”[11]
Hinman promoted diversity and inclusion during her tenure as Chairman and CEO, achieving numerous goals not typical of the industry, including a high proportion of women in junior and senior management positions, and the 2020 Women on Boards recognition for board composition of 30% women. Hinman has been a noted reference on improving corporate cultures and diversity.[12] [13] [14]
Under Hinman's leadership, CH2M expanded upon its recognition for industry leadership, inclusive culture, and impact on the world. The company was named by Fortune in 2017 as one of the "Top 50 Companies Changing the World" and as a Forbes "Best Employer for Diversity" and "Best Large Employer".[15] [16] It was also named as a "World's Most Ethical Company" by Ethisphere for a ninth consecutive year.[17]
Hinman's tenure as CEO also saw the company shift away from fixed price Engineer-Procure-Construct (EPC) contracts. Years earlier, the company had decided to enter the at-risk construction industry and taken on several EPC projects that proved difficult to perform and strained the balance sheet starting in late 2013. These challenges and the company's lagging growth in its core engineering and consulting business also prompted the CH2M board to evaluate the company's capital structure in 2014. In 2015, CH2M modified its historical employee ownership model by bringing on private equity firm Apollo Global Management in 2015 as a minority investor. During the period 2015-2017, CH2M improved its performance - including sales, project delivery, and profitability - through an increased focus on client and project management, and a shift in operating model. Facing a growing retired employee shareholder base, the CH2M board actively evaluated capital structure change options in 2017 in order to provide sufficient capital to shareholders that desired to sell their stock. After preparing for an IPO, and evaluating other merger and sales options, CH2M agreed to merge with Jacobs Solutions in August 2017.[18] Hinman retired from CH2M concurrent with the completion of the December 2017 merger.
In November 2017, Hinman joined the board of International Paper, and has served on each of its committees. She currently chairs the Management Development and Compensation Committee. In April 2019, Hinman was named a Director of the newly formed Dow,[19] after having served on the board of DowDuPont since June 2018. Hinman has served on each of Dow's board committees and currently chairs the Environmental, Health, Safety and Technology Committee and also serves on the Compensation and Governance committees. In December 2019, Hinman joined the board of Aecom, serving on its Strategy, Risk and Safety Committee and its Compensation Committee.[20] She ended her Aecom board service on March 1, 2022. Hinman also previously served on the board executive committee of the nonprofit organization Catalyst[21]