ConDig (12-Nov-25) Swedish developer and contractor Skanska has announced a major leadership transition within its US operations, as longtime executive Leo Sinicin, chief financial officer of Skanska USA Building and Skanska USA Inc., will retire at the end of 2025.

Dan DeRooy, currently vice president of finance for Skanska USA Building, will succeed Sinicin as cfo for both businesses effective January 1, 2026. He will also join the Skanska USA Building Senior Leadership Team and report directly to Clay Haden, president and ceo of Skanska USA Building.

Sinicin’s retirement caps a 30-year career with Skanska, including two decades as CFO for the U.S. Building division and 13 years as cfo of the broader Skanska USA organization.

“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,” Haden said. “His deep expertise, candor, and insight have helped shape the business we are today. We are enormously grateful for his commitment and service.”

DeRooy brings two decades of experience with Skanska, having previously served as corporate director of financial reporting and financial reporting manager before assuming his current role. Prior to joining Skanska in 2004, he spent five years as a financial and business analyst at Merck-Medco.

He holds an MBA in Finance from Montclair State University and a BA in Elementary Education from Calvin University.

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

The leadership change will take effect at the start of 2026, marking a seamless transition for one of the company’s key US business units.

Earlier this month, Skanska was awarded a $63 million contract by Marion County Public Schools to construct Lake Weir Middle School in Ocala, Florida