KBR Announces New Chief Financial Officer
October 26 2009 - 4:05PM
Business Wire
KBR (NYSE:KBR) today announced that Susan Carter has been
appointed the company’s Senior Vice President and Chief Financial
Officer. Carter’s appointment is effective October 29, 2009,
coincident with the retirement of Kevin DeNicola.
Carter was previously the Executive Vice President and Chief
Financial Officer for five years at Richardson, Texas-based Lennox
International, Inc. Before joining Lennox, Carter served as Vice
President, Finance and Chief Accounting Officer at Cummins, Inc.
based in Columbus, Indiana. She also spent time at Honeywell where
she was involved in the financial management of several businesses
including operations with defense content. Carter brings 28 years
of financial and accounting experience to her role at KBR.
Carter holds an M.B.A. from Northern Illinois University and a
B.S. in Accounting from Indiana University. She is a CPA and a
former member of the Board of Directors for Lyondell Chemical
Company.
“Sue’s experience and business background are well-suited for
KBR’s financial operations. I am confident that under her
leadership KBR will continue to improve its operating and financial
efficiency, reduce costs and create tangible shareholder value,
building on the successes achieved by Kevin and his team over the
past year,” said William P. Utt, KBR Chairman, President and CEO.
“As Kevin heads into retirement as a public company CFO, I want to
recognize him for his contributions to improving the transparency
of KBR’s financial reporting, strengthening cash flow management
and reducing our overall cost structure. I am appreciative of
Kevin’s time at KBR and wish him well as he embarks on new life
endeavors.”
“I am pleased to become part of the KBR team and look forward to
building upon the company’s efforts to create shareholder value and
deliver financial success of KBR,” said Carter.
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power and industrial markets. For more
information, visit www.kbr.com.
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