Key facts
- Robert Boardman, Arup's chief financial officer, resigned on July 13.
- Arup has not announced a replacement for Boardman.
- The firm's global revenue decreased to £2.16bn in the year ending March 31, 2025.
- Arup incurred £19.8m in costs related to headcount reductions in the same financial year.
Arup, the renowned design firm behind iconic structures like the Sydney Opera House and the Gherkin, is currently without a chief financial officer. Robert Boardman, who held the position for nearly seven years, resigned as a director from all Arup entities on July 13, according to Companies House filings. His departure was not publicly announced, and the firm has yet to name a successor.
Boardman's exit coincides with a period of financial adjustments for Arup. For the financial year ending March 31, 2025, the company reported a global revenue of £2.16bn, a decrease from £2.20bn in the previous year. The firm also disclosed "headcount reduction costs" amounting to £19.8m for the same period, reflecting a 3% drop in its global headcount to over 17,400 employees. In the UK, Arup's revenue fell by more than 5% to £652.2m.
Prior to his role at Arup, Boardman served as the finance chief at management consultancy Hakluyt for over six years and was the global finance director at law firm Herbert Smith Freehills from 2009 to 2013. Jerome Frost was appointed to the newly created chief executive role at Arup last April.