Jacobs Appoints Kevin Berryman Executive Vice President and Chief Financial Officer
November 14 2014 - 8:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that
Kevin Berryman is joining the company as Executive Vice President
(EVP) and Chief Financial Officer (CFO). Mr. Berryman, who brings
33 years of finance leadership in global publicly traded companies,
will assume his new role effective January 5, 2015.
Mr. Berryman will oversee all aspects of corporate finance
including accounting, investor relations, mergers and acquisitions,
global supply management, and real estate functions. He will report
to the President and Chief Executive Officer, Craig Martin.
For the past five years Mr. Berryman has served as EVP and CFO
at International Flavors and Fragrances Inc., an S&P 500
company and leading global creator of flavors and fragrances used
in a wide variety of consumer products. Prior to that, he spent 25
years at Nestlé in a number of finance roles including treasury,
mergers & acquisitions, strategic planning, and control. Recent
roles at Nestlé included Senior Vice President and Controller of
the Nestlé Group, and CFO of Nestlé Purina, where he supported the
integration of Nestlé’s largest acquisition, Ralston Purina, into
the Nestlé operations.
In making the announcement, Jacobs President and Chief Executive
Officer Craig Martin stated, “I am particularly pleased to have an
executive of Kevin’s caliber joining our company and senior
management team. Kevin has a strong international background and
well-demonstrated leadership abilities in finance, business
operations, sales, and strategic decision making. We look forward
to benefitting from his expertise and fresh perspective on our
business.”
In September, Jacobs announced the planned retirement of its EVP
Finance and Administration John Prosser, who has been with the
company for 40 years. Mr. Prosser will continue at Jacobs until the
end of January 2015 to work with Mr. Berryman on the transition of
his role, and then plans to remain available as needed. Craig
Martin went on to say, “John has done an extraordinary job in his
30 years as our CFO. I am confident Kevin can build and expand upon
John’s legacy.”
Jacobs is one of the world's largest and most diverse providers
of technical professional and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management’s current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking
statements. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2013 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
Jacobs Engineering Group Inc.John W. Prosser, Jr.,
626-578-6803Executive Vice President, Finance and
Administration
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