PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today the appointment of
Robert V. Pragada as President for its Industrial Line of Business
(LOB), effective immediately. In addition, to take advantage of
Pragada’s broad experience in construction, Jacobs’ Field Services unit
will move under his leadership responsibility.
Pragada is based in Conshohocken, Pennsylvania and reports directly to
Jacobs’ President and CEO Steve Demetriou. He replaces Andrew Kremer,
who has moved to an Executive Advisor role providing leadership to
several priority initiatives for the company.
Pragada returns to Jacobs after serving as President and Chief Executive
Officer of The Brock Group since August 2014. While previously with
Jacobs, he held a number of senior management positions, including
Senior Vice President, Global Sales; Group Vice President, Northern
Region; and Vice President, Field Services.
After graduating from the United States Naval Academy, Pragada 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.
Pragada also earned a Master of Science in Engineering and Management
from Stanford University.
Commenting on the appointment, Demetriou said, “We are delighted to
welcome Bob back to Jacobs. He brings a strong reputation as a leader
and a demonstrated track record for driving successful results across
both Sales and Operations. I’m confident this appointment will leverage
Bob’s tremendous talents as he works closely with the rest of our
executive leadership team in steering the company’s continued success.”
Jacobs is one of the world's largest and most diverse providers of
technical, professional and construction services.
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 2015 Form 10-K, 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.
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Source: Jacobs Engineering Group Inc.