KBR Holds Annual Shareholders Meeting
Houston, Texas - May 14, 2009 - KBR (NYSE:KBR) today held its annual shareholders meeting in Houston. KBR shareholders approved the following items at today’s meeting:
- Election of two Class III Directors, W. Frank Blount and Loren K. Carroll
- Ratification of the appointment of KPMG LLP as the independent registered public accounting firm to audit the financial statements of KBR, Inc. for the year ending December 31, 2009
The following proposals were rejected by a vote of the shareholders:
- Shareholder proposal to create a board committee on human rights
- Shareholder proposal to establish a committee of independent directors to review alleged misconduct and human rights abuses by the Company in Iraq
"I am pleased with the support provided by KBR’s shareholders related to the election of our Class III Directors. The shareholders’ continued support and confidence in KBR’s business is greatly appreciated," said William P. Utt, KBR Chairman, President and CEO. "I remain confident about prospects for KBR’s continued future success. The hard work and dedication of our more than 57,000 employees makes KBR the great company it is. Our core values of transparency, financial responsibility, discipline and accountability remain the chief cornerstone of our day-to-day business operations."
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.
CONTACT:
KBR, Houston
Director, Communications
Heather Browne, 713-753-3775
heather.browne@kbr.com
or
Director, Investor Relations
Rob Kukla, Jr., 713-753-5082
investors@kbr.com