AECOM disclosed Nov. 29 that Executive Vice President and Chief Legal Officer Carla Christofferson was resigning her post effective immediately.
The Los Angeles-based infrastructure multinational said its leadership and Christofferson “mutually agreed” she would resign her management position, but would remain a “non-executive” employee of AECOM through Dec. 16, according to a filing with the U.S. Securities and Exchange Commission. No further explanation was given for her exit.
The departure date apparently enables Christofferson to reap certain AECOM financial awards set to mature on Dec. 15. Under her separation agreement, the departing chief legal officer will get a severance payment equal to her annual base salary, medical insurance premium payments for up a year, and more than 41,000 shares of the company’s common stock. The separation agreement also includes a confidentiality provision and a “mutual non-disparagement covenant,” according to the SEC filing.
Christofferson, whose responsibilities included overseeing a legal staff of more than 200, joined AECOM in 2015. Previously, she was managing partner at the O’Melveny & Myers law firm in Los Angeles from 2008 to 2014. Christofferson was at the firm for about 22 years, representing industries such as electric power, oil, and natural gas.
According to her AECOM profile, Christofferson was co-owner of the Los Angeles Sparks Women’s National Basketball Association team from 2006 through 2014.
AECOM also announced last month that Chairman and CEO Michael Burke plans to retire by the time the company holds its annual shareholder meeting in March.
In October, AECOM announced it had reached a $2.4 billion deal to sell its Management Services business, which handles its contracts with the U.S. Departments of Energy and Defense, to a joint venture of two New York investment houses. That deal is expected to close in February.
AECOM is part of joint ventures worth billions of dollars at Energy Department facilities including the Lawrence Livermore National Laboratory.
