DALLAS, Oct. 23, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) announced three key executive
appointments to expand high-margin growth in an evolving
professional services sector, including Marietta Hannigan, chief strategy and
communications officer; Darren
Kraabel, chief technology and innovation officer; and
Madhuri Andrews, chief
information officer.
"Two years ago, we embarked on a strategy to strengthen our
culture, transform the core of our business and expand profitable
growth. Since then, we have outperformed that strategy on several
measures of value creation, including the integration of our
largest, most transformative acquisition last year, and
significant, further portfolio reshaping focusing on higher-margin
growth with the pending sale of the ECR business," said Jacobs
Chairman and CEO Steve Demetriou.
"Now we are naming three pivotal positions to take the company
further, by reshaping Jacobs' strategy and portfolio to profit from
technology and innovation focused on advanced facilities,
infrastructure and government services."
Marietta Hannigan has been
promoted to the new position of chief strategy and communications
officer to lead the development, articulation and execution of
Jacobs' brand leadership, corporate strategy and portfolio
transformation to capitalize on attractive, non-traditional growth
opportunities playing to Jacobs' unique strengths, that ultimately
expand the company's capacity for superior value creation.
Darren Kraabel has been
promoted to the new role of chief technology and innovation
officer, leading a new corporate function driving the company's
transformation into an innovative, data-driven provider, building
on the catalyst of Jacobs' connected enterprise solutions strategy,
which addresses clients' highest-priority needs associated with
urbanization, resource scarcity, security and widening workforce
gaps. Capitalizing on Jacobs' deep knowledge of client applications
and broad-based experience delivering smart-enabled, sustainable
management approaches, including analytics, networking and
cybersecurity solutions, Kraabel will work across business lines to
leverage investment, development and extension of the company's
unique thought leadership and deep client-domain experience in
emergent technologies and broad-based applications to deliver
mutual value creation.
Madhuri Andrews has joined
Jacobs as chief information officer to lead the development of the
company's IT organization and systems as key enablers of efficiency
and innovation. In this role, she will the optimize the company's
data architecture and platforms as a competitive advantage to
enhance agility and operational excellence with seamless, mobile
collaboration throughout Jacobs' global supply chain.
"In addition to their breadth and depth of experience, all three
of these executives possess the ideal combination of proficiency,
ingenuity and passion to help Jacobs realize its fullest potential
in differentiated leadership and profitable growth," Demetriou
added.
About Marietta Hannigan
Since joining Jacobs in 1999 via the acquisition of Sverdrup
Corporation, Hannigan has played a leading role on the company's
most significant mergers, acquisitions and integration efforts. She
most recently served as senior vice president of growth and sales
for Jacobs' Buildings, Infrastructure and Advanced Facilities
business, and before that, served as senior vice president of the
Sales Center of Excellence; senior vice president of global outside
sales; and vice president of global inside sales in the Americas,
U.K., Europe, Middle East, India and Asia
Pacific. She also was vice president of design operations
for Jacobs' U.S. Federal Civilian sector. Hannigan is a graduate of
Southeast Missouri State
University.
About Darren Kraabel
Kraabel previously served as senior vice president and general
manager of mission solutions for Jacobs' Aerospace, Technology,
Environment and Nuclear business, where he was responsible for
delivering solutions focused on information technology,
cybersecurity, and intelligence analysis for clients in defense and
intelligence. He also provided business development leadership to
grow Jacobs' global portfolio of technology-driven solutions. Prior
to joining Jacobs, Kraabel served a distinguished, 10-year career
with the U.S. Air Force. He earned his Bachelor of Science in
engineering mechanics, with both Academic and Military Distinction,
from the United States Air Force
Academy, and a Master of Science in aeronautical engineering
from the Air Force Institute of
Technology.
About Madhuri Andrews
Andrews brings more than 20 years of experience leading IT
transformation and global digital strategies at previous companies,
including DynCorp International and Trinity Industries. A recent
recipient of Dallas Business Journal's Women in Technology Award,
Andrews earned a BS in Aerospace and Mechanical Engineering from
Northrop University in Los Angeles, and a BS in Mathematics from St.
Stephens College, Delhi University, India. She also has completed the Management
Challenge continuing education program at the University of Texas Graduate School of Business in
Austin.
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.