Skanska USA Announces CFO Transition

Leo Sinicin to Retire After 30 Years of Service, Dan DeRooy Named CFO

NEW YORK--(BUSINESS WIRE)--Skanska, a leading global development and construction firm, today announced a leadership transition in its U.S. building operations. Leo Sinicin, Chief Financial Officer (CFO) of both Skanska USA Building and Skanska USA Inc., will retire effective December 31, 2025. Dan DeRooy will succeed Sinicin as CFO for both businesses, effective January 1, 2026. DeRooy will join the Skanska USA Building Senior Leadership Team and report directly to Clay Haden, President & CEO, Skanska USA Building.

Sinicin’s departure marks the close of a distinguished 30-year career with the company, including two decades as CFO for Skanska USA Building, 13 of which he also served as CFO for Skanska USA Inc. “Leo has been a cornerstone of our financial leadership and a trusted advisor through every major strategic decision in the U.S. over the past several decades,” said Haden. “His contributions are far too many to mention, and his deep expertise, candor, and insight have helped shape the business we are today. We are enormously grateful for his commitment and service to Skanska.”

A 20-year veteran of Skanska, DeRooy currently serves as Vice President of Finance, Skanska USA building. Previously, he spent 12 years as Corporate Director of Financial Reporting and seven years as Financial Reporting Manager. DeRooy joined Skanska in 2004 after five years as a financial and business analyst at Merck-Medco.

DeRooy holds an M.B.A. in Finance from Montclair State University and a B.A. in Elementary Education from Calvin University.

“Dan brings a wealth of experience and a deep understanding of our business,” said Haden. “Leo set a high bar, and I’m confident Dan will build on that legacy with vision and integrity.”

About Skanska

Skanska uses knowledge & foresight to shape the way people live, work, and connect. More than 135 years in the making, we’re one of the world’s largest construction and project development companies. With operations in select markets throughout the Nordics, Europe and the United States, global revenue totaled $16.8 billion in 2024. Skanska in the U.S. operates 28 offices across the country, with its headquarters in New York City. In 2024, the U.S. construction sector generated $8.2 billion in revenue, and the U.S. development sector’s net investments in commercial projects totaled $224 million. Together with our customers and the collective expertise of our 6,300 teammates in the U.S. and 26,300 globally, we create innovative and sustainable solutions that support healthy living beyond our lifetime.