DALLAS, May 2, 2019 /PRNewswire/ -- Jacobs (NYSE:
JEC) today announced that, after more than three decades with the
company, Terry Hagen will be
retiring as COO and President of Jacobs' Aerospace, Technology and
Nuclear (ATN) business, effective June
3, 2019. At that time, Mr. Hagen will begin serving as
an Executive Strategic Advisor to Chair and CEO Steve Demetriou, overseeing integration planning
for Jacobs' recently announced pending acquisition of KeyW, as well
as other business improvement initiatives across the
company.
Dawne Hickton, former Vice Chair
and CEO of RTI International Metals, Inc., and current member of
the Jacobs' Board of Directors, has been appointed COO and
President of ATN and a member of the Executive Leadership Team,
effective June 3, 2019. As a
result of this executive appointment, Hickton has stepped down as a
director of the company.
Demetriou said, "Dawne's 30 years of diversified industry
experience, including more than 15 as a senior executive in the
aerospace industry, combined with her knowledge of Jacobs make her
a natural choice to lead the ATN business. Given her track record
of execution at other companies, as well as her contributions as a
director to Jacobs, I know that Dawne will be a significant asset
as a member of our leadership team as we continue our
transformational strategy of delivering innovative and unique
solutions to our clients."
Demetriou added, "In his more than 30-year career at Jacobs,
Terry has made significant, long-lasting contributions to Jacobs,
maintaining the highest standards of leadership as we have grown
the ATN business to more than $4
billion in annual revenue. It has been an honor to partner
with Terry in this work, and I am pleased that we will continue to
benefit from his experience and insights as he transitions to
retirement."
Hickton stated, "Since joining Jacobs as a member of the Board
in 2015, I have developed a deep appreciation for our talented
people and the exciting opportunity we have to transform our
company and lead our industry through innovation. I look forward to
building on our many successes as COO and President of Jacobs' ATN
business."
Hagen said, "I am grateful to have been part of such an
outstanding team and proud to have helped transform Jacobs,
creating a foundation that will enable even greater levels of
growth and value creation going forward. While after 32 years it is
the right decision for me personally to focus on priorities outside
of my professional career, I turn to my next chapter equally
excited about Jacobs' future."
About Dawne S. Hickton
Hickton is the former Vice Chair and Chief Executive Officer of
RTI International Metals, Inc., a global supplier of advanced
titanium products and services in commercial aerospace, defense,
propulsion, medical device and energy markets. RTI was acquired by
Alcoa in 2015. Under Hickton's leadership from 2007 to 2015, RTI
grew to become one of the world's largest integrated, value-added
suppliers of titanium and aluminum parts and engineered structures
to the aerospace industry and other markets.
Hickton is a current member of the Board of the Smithsonian Air
and Space Museum and a past member of the executive committee of
the Aerospace Industries Association, a Washington D.C. based organization supporting
the U.S. aerospace industry. She was named one of the top 100
global leaders in STEM by STEMconnector and has a passion for
talent development, including having founded Women in Titanium, an
international organization that provides mentoring for young women
in the material sciences.
Hickton holds a Juris Doctorate from the University of Pittsburgh School of Law and is a
Graduate of the University of
Rochester.
About Jacobs
Jacobs leads the global professional
services sector delivering solutions for a more connected,
sustainable world. With more than $12
billion in revenue and a talent force of more than 50,000,
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.
Forward-Looking Statements
Statements made in this
press release that are not based on historical fact are
forward-looking statements. Although such statements are based on
management's current estimates and expectations, and currently
available competitive, financial, and economic data,
forward-looking statements are inherently uncertain, and you should
not place undue reliance on such statements as actual results may
differ materially. We caution the reader that there are a variety
of risks, uncertainties and other factors that could cause actual
results to differ materially from what is contained, projected or
implied by our forward-looking statements. For a description of
some additional factors that may occur that could cause actual
results to differ from forward-looking statements see our Annual
Report on Form 10-K for the year ended September 28, 2018, in particular, the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended December 28, 2018, and in
particular the discussions contained under Part I, Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Part II, Item 1 - Legal Proceedings; and
Part II, Item 1A - Risk Factors, as well as our other filings
with the Securities and Exchange Commission. The Company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For additional information contact:
Investors:
Jonathan Doros, 214-583-8596
jonathan.doros@jacobs.com
Media:
Marietta Hannigan, 214-920-8035
marietta.hannigan@jacobs.com
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SOURCE Jacobs