DALLAS, Sept. 26, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) announced executive promotions to
further support the company's leadership and profitable growth in
the professional services sector. The appointments become effective
Oct. 1, 2018.
"These promotions reflect the strong contributions these
executives have made to Jacobs' growth and success and our belief
that, in these new roles, they can help take the company even
further," said Jacobs Chairman and CEO Steve Demetriou.
Terry Hagen and
Bob Pragada each have been
promoted to the newly created chief operating officer (COO) roles,
reflecting expanded leadership responsibilities.
Hagen will continue to lead the Aerospace, Technology,
Environmental and Nuclear business. He will also oversee
several corporate teams, including Federal Government Relations;
International Relations; Information Technology (IT); and a newly
created Technology and Innovation function to address growing
demand for advanced, technology-driven solutions that differentiate
Jacobs within the industry.
Pragada will continue to lead Jacobs' Buildings, Infrastructure
and Advanced Facilities business, which is being expanded to
include global (non-nuclear) environmental solutions. In addition,
Jacobs' Energy, Chemicals and Resources (ECR) business will align
to Pragada in his COO role, with Vinayak
Pai, ECR president, reporting to him. This consolidates
Jacobs' major consulting, engineering, maintenance and project
delivery lines of business under Pragada, whose purview also will
include the company's Contracts Management function, as well as
State and Local Government Relations.
The company will continue to go to market in and report
financial results for three lines of business.
Kevin Berryman, chief
financial officer, will assume an expanded scope of responsibility.
In addition to leading finance, investor relations, strategy and
M&A, Berryman will assume the additional responsibilities of
leading real estate, Global Business Services, strategic project
integration and corporate communications functions.
Joanne Caruso will be
promoted to chief legal and administration officer. In this role,
Caruso will oversee Legal, Human Resources, Compliance, and
Insurance functions, as well as the company's Sales and Operational
Centers of Excellence. The latter includes project delivery, global
supply management, sustainability, health, safety, environment,
global security and resilience.
About Kevin
Berryman
Before joining Jacobs in 2015, Berryman
spent nearly six years as EVP and CFO at International Flavors and
Fragrances Inc., an S&P 500 company and global creator of
flavors and fragrances used in a wide variety of consumer products.
Prior to that he worked at Nestle for 25 years where he held
various financial and operational roles including treasury,
M&A, strategic planning, and CFO of Nestle's largest ever
acquisition, Ralston
Purina. Berryman earned his undergraduate degree at
Occidental College, and MBA from UCLA
Anderson School of Management.
About Joanne Caruso
Prior to her current role, Caruso was senior vice president of
human resources and previously vice president, global litigation,
within the legal organization. Prior to joining Jacobs in 2012,
Caruso was a partner in two international law firms, Howrey LLP and
Baker & Hostetler. She was named one of the top 100
attorneys in California and
repeatedly was named one of California's Top 75 Women Litigators. She is a
graduate of Boston College and
Boston College Law School.
About Terry Hagen
Since joining Jacobs in 1987, Hagen has served in a variety of
senior operational and sales roles for various markets, including
as executive vice president of global sales and marketing, and most
recently, as president of Jacobs' Aerospace, Technology,
Environment and Nuclear business. Hagen is a graduate of the
University of Kansas, where he earned a
Bachelor of Science in civil engineering.
About Bob Pragada
Pragada joined Jacobs in 2006, holding several senior management
positions over nine years. He returned to Jacobs in 2016 after
serving as CEO of the Brock Group, a $1.5
billion provider of industrial specialty services. After
graduating from the United States Naval
Academy, he began his career in the Navy as a Civil Engineer Corps and Seabees officer,
providing base construction and maintenance services and
international contingency operations, rising to the rank of
Lieutenant Commander. He also earned a Master of Science in
engineering and management from Stanford
University.
About Jacobs
Jacobs leads the global professional
services sector delivering solutions for a more connected,
sustainable world. With $15 billion
in fiscal 2017 revenue when combined with full-year CH2M revenues
and a talent force of more than 77,000, Jacobs provides a full
spectrum of services including scientific, technical, professional
and construction- and program-management for business, industrial,
commercial, government and infrastructure sectors. For more
information, visit www.jacobs.com, and connect with Jacobs on
LinkedIn, Twitter, Facebook and Instagram.
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 29, 2017, 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 Contacts
Investors:
Jonathan Doros, 817-239-3457
jonathan.doros@jacobs.com
Media:
Lorrie Paul Crum, 303-525-2916
lorrie.crum@jacobs.com
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SOURCE Jacobs Engineering Group Inc.