Shawmut Names New CEO

Shawmut Design & Construction has worked on many high-marquee projects on Rodeo Drive, including the remodels of Tory Burch, Tom Ford and Jimmy Choo. It has also done work on the Saint Laurent flagship on Rodeo and Louis Vuitton, which is scheduled to take a bow in the first quarter of 2015. Off of Rodeo, it also has worked on Topshop stores in San Diego’s Fashion Valley mall and the Uniqlo emporiums in South Coast Plaza in Costa Mesa, Calif., and Beverly Center in Los Angeles.

The Boston-headquartered Shawmut recently announced a new chief executive officer. Les Hiscoe, who has served as president of the company, was named to the position.

Current CEO Tom Goemaat announced his retirement on Dec. 8 and pledged to helm the company until July 1, 2015, to ensure a smooth transition.

“It feels like the right time for me to step away,” Goemaat said in a statement. “After over 15 years of leading this company, it’s time to let the next generation of talent take Shawmut into the future. I am excited to hand the baton to Les, who has been a wonderful partner to me and has the necessary vision and energy to continue driving Shawmut forward.”

Hiscoe was instrumental in opening Shawmut’s Los Angeles office in February 2013. While Shawmut has a long track record in Southern California, the new office was a statement that the company is intent on building more business here, a Shawmut representative confirmed.