KBR Announces Executive Appointment
HOUSTON Ð April 4, 2016 Ð KBR, Inc. (NYSE: KBR) announced today Greg Conlon will be joining KBR's Executive Leadership Team as President, Engineering & Construction (E&C), Asia-Pacific (APAC).
Mr. Conlon has over 25 years' experience in the E&C business, with global experience across a range of subsectors from hydrocarbons to specialist infrastructure. He brings a diverse international background, broad experience across KBR's E&C markets, and a track record of business transformation and success even in challenging markets.
Mr. Conlon has most recently lead business development globally for WorleyParsons Services, after managing operations in North America, Europe and Asia responsible for delivering projects in multiple countries around the world.
Mr. Conlon has extensive involvement on joint venture project delivery underpinned by significant high value engineering. His experience with mega project delivery began in the 1990's in Australia and over the last decade he has successfully sponsored mega projects in Singapore, Kazakhstan, throughout the Middle East, Canada and in the North Sea. Concurrently, Mr. Conlon directed front-end consulting businesses, and engineering and EPC resources within his operations.
"Greg understands the leverage each aspect of the service offering can provide in developing a differentiated and intimate customer relationship while still delivering a strong bottom line result to shareholders," said Stuart Bradie, President and CEO of KBR, Inc.
"I am delighted to have Greg join KBR and look forward to his leadership of our E&C businesses in APAC and new opportunities ahead," Bradie continued.
Mr. Conlon has a degree in Mechanical Engineering with first class honours from the Royal Melbourne Institute of Technology. His appointment is effective May 1, 2016 and he will be located in Melborne, Australia.
About KBR, Inc.
KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 22,000 people worldwide with customers in more than 80 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 GVAEngineering & Construction, including Offshore Oil & Gas; Onshore Oil & Gas; LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and Industrial ServicesGovernment 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, 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.
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