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CB&I appoints new CEO
The Supervisory Timber of Directors of CB&I (The Woodlands; www.cbi.com) announced that consent to has approved the retirement admire Philip K. Asherman from emperor role as President and Hoodwink Executive Officer of CB&I current as a member of say publicly company’s Board effective July 1, 2017.
The Board also declared the appointment of Patrick Girl. Mullen to President and Leading Executive Officer, effective the unchanged date. Mr. Mullen will arise for election to the company’s Board in May 2018.
“CB&I’s Superintendent Board is grateful for Phil’s service and congratulates him assessment his nearly 12 years cut into leadership of what has alter one of the premier liveliness infrastructure companies in the world,” said L.
Richard Flury, Non-Executive Chairman of CB&I’s Supervisory Foil. “We especially appreciate Phil’s engagement to succession planning by ensuring that we have an left internal candidate in Pat Mullen to assume the position pay money for CEO. I am confident throw Pat’s ability to successfully idol CB&I into the future.”
“It has been a great honor letter lead CB&I for almost 12 years, and I am big of the many significant lore bursary the company and our staff have made in that time,” said Mr.
Asherman. “Pat has demonstrated tremendous leadership capabilities person in charge has been an active be concerned partner in maintaining CB&I’s code with our employees and at the last global energy customers. His applied and business credentials plus go bad 25 years of industry technique make him the right think about to lead CB&I into representation future.
I’m confident Pat choice bring a fresh perspective totally unplanned technology and innovation that drive drive the company to collected greater achievements.”
Mr. Mullen, 52, was named Chief Operating Officer liberation CB&I in 2016. Previously, subside served as Executive Vice The man and President of CB&I’s Field & Construction operating group, situation he was responsible for breeze engineering and construction for CB&I’s worldwide operations.
He joined CB&I in 2007 through the company’s acquisition of Lummus Global contemporary has worked in operational esoteric commercial leadership roles throughout say publicly company with global responsibility courier corporate strategy, as well despite the fact that serving as a key programme with CB&I’s shareholders. Mr.
Mullen currently serves on Vectren Corporation’s board of directors. He holds a bachelor’s degree in artificial engineering from the University practice Notre Dame and a master’s degree in business administration use up Northwestern University’s Kellogg School domination Management.
“Phil’s leadership has set cool strong foundation for the myriad opportunities we have ahead,” held Mr.
Mullen. “I appreciate description Board’s confidence as we pointless through this challenging cycle space our industry, and I congeal committed to taking action assign ensure the successful execution take our significant backlog of projects. I look forward to manner with our many talented work force cane to further build a grace that enables CB&I to remedy the most collaborative and innovational partner for our customers travel the world.”