June 22, 2021

Steve Demetriou Appointed Chairman of the Jacobs Board; Linda Fayne Levinson Named Lead Director

first_img Business News Your email address will not be published. Required fields are marked * Steve Demetriou (l) and Linda Fayne Johnson (r)Jacobs Engineering Group Inc. announced today Steven J. Demetriou, Jacobs’ president and CEO, has been appointed to the additional position of chairman of the board effective immediately. Demetriou becomes the third chairman in the company’s 69 year history. Noel G. Watson, presently the non-executive chair, will retire from that position but remain on the board. Concurrently, Jacobs announced its board of directors has elected Linda Fayne Levinson to serve as lead director.“The board concluded it is in the best interest of the company and its shareholders to combine the roles of chairman and CEO,” said Watson. “As chairman and CEO, Steve can more effectively deal with our major global customers and their large projects,” Watson added.Watson joined Jacobs in 1965 and served as chief executive officer of the company from November 1992 to April 2006. He also served as the company’s president from 1987 to 2002. Levinson has been a Jacobs director since 1996. As lead director, among several responsibilities, she will serve as the board’s central point of communication with the chairman and CEO and preside over executive sessions of the independent directors.“As CEO, Noel led Jacobs through a period of tremendous growth and business success, strengthened critical client relationships and established the diverse and global company we have today,” said Levinson. “As chairman, Noel refreshed the board membership and brought important industry expertise to the board,” added Levinson.“I’m honored to step into the lead director role. I am confident the lead director structure, combined with our strong, independent and fully-engaged board members, will ensure Jacobs’ tradition of sound corporate governance. Along with my board colleagues, I look forward to working with Steve to forge a new strategy and create value for our shareholders.”Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs 60,000 people and operates in more than 30 countries around the world. For more information, visit www.jacobs.com. Subscribe Business News Steve Demetriou Appointed Chairman of the Jacobs Board; Linda Fayne Levinson Named Lead Director From STAFF REPORTS Published on Thursday, July 28, 2016 | 2:41 pm Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News More Cool Stuff 19 recommended0 commentsShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News center_img Name (required)  Mail (required) (not be published)  Website  HerbeautyAt 9 Years Old, This Young Girl Dazzled The World Of FashionHerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeautyHerbeauty7 Things A Man Will Do Only If He Really Loves YouHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeauty First Heatwave Expected Next Week Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img

Leave a Reply

Your email address will not be published. Required fields are marked *