KBR Names Stuart Bradie as President and Chief Executive Officer
KBR (NYSE: KBR), announced that Mr. Stuart Bradie has been named President and Chief Executive Officer of KBR, Inc., effective June 2, 2014. Mr. Bradie succeeds Mr. William “Bill” Utt, who is retiring. It is also intended that Mr. Bradie will be appointed as a member of KBR’s Board of Directors when he joins KBR.
Mr. Bradie has more than 25 years of industry experience and joins KBR from WorleyParsons, where he held the position of Group Managing Director – Operations and Delivery. In that role, Mr. Bradie led the Group’s global operations, project delivery and assurance. He was previously Managing Director responsible for Operations in Europe, Africa, Asia and the Middle East. Before joining WorleyParsons in 2001, he held Managing Director and Country Manager positions with PT Kvaerner Indonesia and Kvaerner Philippines from 1996 to 2001. Mr. Bradie has a Bachelor Degree in Mechanical Engineering from Aberdeen University and a Master of Business Administration from the Edinburgh Business School, Heriot Watt University.
“KBR’s Board of Directors is confident that Stuart is the right leader at the right time for KBR,” said Mr. Loren Carroll, Chairman of the Board. “A global search quickly focused on Stuart, whose leadership and business insight impressed the Board. We’re excited to have Stuart on board.”
Mr. Carroll continued, “On behalf of the Board and the wider KBR team, I would like to thank Bill for his service and leadership over the past eight years. As CEO, he has transformed KBR and created a strong platform for growth as we move forward.”
Mr. Bradie will join KBR on June 2, 2014, and will lead the business from its global headquarters in Houston, Texas. KBR employs some 27,000 employees worldwide in locations that include North America, Asia, Australia, Africa, the Middle East, Europe, and Latin America.
“I am honored to have been appointed to lead KBR, a company with a proud 130-plus year history where employees and technologies have delivered results in over 70 countries,” said Mr. Bradie. “KBR is a strong, global company with a diverse suite of products and offerings and I am confident that KBR will continue to deliver and strengthen its position as a global leader in engineering, procurement and construction.”