John Coyne Retires from Jacobs Board of Directors; Robert McNamara Joins Board
January 19 2017 - 5:57PM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that
John Coyne, who has served on the Jacobs Board of Directors since
2008, will retire from the board, and Robert McNamara has been
appointed to the open board position. These changes to Jacobs’
Board of Directors are effective today.
“John has been a valuable and engaged board member for the past
nine years. We will miss his counsel, insight and experience,” said
Jacobs Chairman and CEO Steve Demetriou. “On behalf of the board, I
want to thank John for his contributions and wish him the best in
his retirement.”
Coyne, who has dedicated the majority of his career to Western
Digital in various capacities around the globe, served as president
and CEO from 2007 to 2013, and was also a member of Western
Digital’s Board of Directors.
McNamara brings deep industry experience and currently serves as
the Global Risk Officer and the Chief Operating Officer of
Lendlease Corporation’s Building, Engineering and Services
businesses in Australia. He previously served as the Chairman and
CEO of Penhall/LVI International, a privately owned building
services and environmental remediation company; prior to that he
was a Senior Group President at the Fluor Corporation.
"I am very pleased to welcome Bob to the board. His wealth of
international experience along with extensive industry and customer
knowledge will be extremely beneficial to Jacobs,” said Demetriou.
“The board is committed to continue to work in the best interest of
our shareholders and Bob will be an excellent fit as we continue to
serve our clients and work towards executing our strategy.”
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 Form 10-K for the year ended September 30,
2016, 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.
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