KBR Announces Executive Appointment
(Thomson Reuters ONE) -
HOUSTON - May 15, 2015 - KBR announced today that Jay Ibrahim has been appointed
to serve as President of Engineering and Construction, Middle East and North
Africa (MENA).
Mr. Ibrahim has 21 years of experience in the Middle East Region, having served
in a variety of engineering, project management, business development and
business management roles for Parsons E&C/WorleyParsons. He will lead KBR's
continued expansion in the Region, which is expected to provide growth
opportunities throughout the Hydrocarbons value-chain (upstream, midstream and
downstream).
Mr. Ibrahim brings to KBR a wealth of experience in complex contract
negotiations, business analysis and management, and long-range strategic
planning in international markets, across multiple business sectors. He has a
background in developing customer relationships, with a focus on profitable
business and achieving corporate goals.
"With Jay leading the Region, we expect to build greater customer intimacy, and
make faster and better decisions to benefit our customers," said Stuart Bradie,
President and Chief Executive Officer of KBR, Inc. "His experience and expertise
will ensure KBR meets our corporate commitment to win the right work, cut
unnecessary costs, and deliver on our promises."
An American citizen who was born in Lebanon, Mr. Ibrahim is fluent in Arabic. He
has a Master's Degree in Mechanical Engineering from Wichita State University,
Kansas, and a Diploma in Advanced Management, from Harvard University,
Massachusetts.
Mr. Ibrahim's appointment was effective May 1, 2015 and he will be located in
Abu Dhabi, UAE.
About KBR, Inc.
KBR, Inc. is a global technology, engineering, procurement and construction
company serving the hydrocarbons and government services industries, employing
approximately 25,000 people worldwide with customers in more than 70 countries
and operations in 40 countries across three distinct global businesses:
* Technology & Consulting, including proprietary technology in refining,
ethylene, ammonia and fertilizers, and gasification; and niche consulting
and know-how through subsidiaries Granherne, Energo and GVA
* Engineering & Construction, including Offshore Oil & Gas; Onshore Oil & Gas;
LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and
Industrial Services
* Government Services, including program management and long term annuity
contracts
KBR is proud to work with its customers across the globe to provide technology,
value-added consulting services, integrated EPC delivery and Long Term
Industrial Services to ensure consistent project delivery with predictable
results. At KBR, we deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press release that are not historical statements,
including statements regarding future financial performance, are forward-looking
statements within the meaning of the federal securities laws. These statements
are subject to numerous risks and uncertainties, many of which are beyond the
company's control that could cause actual results to differ materially from the
results expressed or implied by the statements. These risks and uncertainties
include, but are not limited to: the outcome of and the publicity surrounding
audits and investigations by domestic and foreign government agencies and
legislative bodies; potential adverse proceedings by such agencies and potential
adverse results and consequences from such proceedings; the scope and
enforceability of the company's indemnities from its former parent; changes in
capital spending by the company's customers; the company's ability to obtain
contracts from existing and new customers and perform under those contracts;
structural changes in the industries in which the company operates; escalating
costs associated with and the performance of fixed-fee projects and the
company's ability to control its cost under its contracts; claims negotiations
and contract disputes with the company's customers; changes in the demand for or
price of oil and/or natural gas; protection of intellectual property rights;
compliance with environmental laws; changes in government regulations and
regulatory requirements; compliance with laws related to income taxes; unsettled
political conditions, war and the effects of terrorism; foreign operations and
foreign exchange rates and controls; the development and installation of
financial systems; increased competition for employees; the ability to
successfully complete and integrate acquisitions; and operations of joint
ventures, including joint ventures that are not controlled by the company.
KBR's most recently filed Annual Report on Form 10-K/A, any subsequent Form 10-
Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some
of the important risk factors that KBR has identified that may affect the
business, results of operations and financial condition. Except as required by
law, KBR undertakes no obligation to revise or update publicly any forward-
looking statements for any reason.
For further information, please contact:
Investors
Zac Nagle
Vice President, Investor Relations
713-753-5082
Investors(at)kbr.com
Media
Marit Babin
Director, Global Communications & Government Relations
713-753-3800
Mediarelations(at)kbr.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: KBR, Inc. via GlobeNewswire
[HUG#1921784]
Unternehmensinformation / Kurzprofil:
Datum: 15.05.2015 - 12:31 Uhr
Sprache: Deutsch
News-ID 393649
Anzahl Zeichen: 6489
contact information:
Town:
HOUSTON
Kategorie:
Business News
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