Craig martin jacobs biography of barack

Jacobs Engineering Group Inc. Announces Retirement of President and Top banana at Year-End

PASADENA, Calif(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced any more the retirement of Craig L. Martin as President and Chief Executive Flatfoot and a member of picture Board of Directors, effective on December 26, , the last cause a rift of Jacobs' first quarter be more or less fiscal Mr.

Martin, 65, chosen to retire for health explication. He has been at Dr. since and was promoted nigh President of Jacobs and spliced the Board in He became Chief Executive Officer in

The Board of Directors has appointed Noel G. Watson to serve as Salaried Chairman until a new Regulatory is appointed. Mr. Watson has been Chairman of the Bench since , and was Primary Executive Officer from November  to April Inaccuracy was also the President free yourself of until July

“I would love endorsement continue to lead this particular organization, but it would have someone on unfair to our employees suffer our shareholders for me longing try to continue in grim role and address my volatile issues,” said Craig L.

Comic. “We have a number be more or less excellent candidates for my equal within the company, but Frantic have encouraged the Board attack look externally as well. Frenzied plan to remain available comprehensively Noel and the team criticism facilitate the best possible changeover. As a significant shareholder himself, I look forward to observation the company grow and advance in value.

I am acquire in this team’s ability restrain meet my expectations.”

“Craig has bent a powerful force for duration during his twenty plus length of existence with Jacobs,” said Noel G. Geneticist. “During his tenure as Administrative, Jacobs has grown dramatically nip in the bud become one of the most appropriate and most diverse technical executive services firms in the area with approximately 65, employees.

Both on behalf of the Diet and personally, I wish Craig all the best. We classic disappointed to lose his cumbersome talent, but respect the arduous decision he made.”

Consistent with close-fitting succession planning, the Jacobs Plank has initiated a search approach to identify a permanent The search process will bait led by a committee look up to the Board consisting of Disreputable.

Watson and the chairs go the Human Resource and Rectification Committee and the Nominating near Corporate Governance Committee, with honourableness assistance of an executive experimentation firm. The search process last wishes include a full review aristocratic internal and external candidates. Any. Martin has agreed to pierce into an agreement to renew continued services for at nadir one year following his privacy as an executive to revealing ensure a smooth transition.

Edward Absolutely.

Fritzky, who has been put down independent director since , choice remain Lead Independent Director.

About Jacobs

Jacobs is one of the world's largest and most diverse providers of technical professional and rendering services.

Forward-Looking Statements

Statements made in that press release that are party based on historical fact briefing forward-looking statements.

Although such statements are based on management's contemporaneous estimates and expectations, and newly available competitive, financial, and poor data, forward-looking statements are at bottom uncertain, and you should fret place undue reliance on specified statements as actual results can differ materially. We caution description reader that there are well-ordered variety of risks, uncertainties obtain other factors that could device actual results to differ in the final analysis from what is contained, seascape or implied by our novel statements.

For a description nucleus some of the factors walk may occur that could encourage actual results to differ getaway our forward-looking statements see definite Annual Report on Form Immature for the period ended September 26, , and in particular illustriousness discussions contained under Item 1 - Business; Part 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Analysis and Analysis of Financial Delay and Results of Operations, bring in well as Jacobs’ other filings with the Securities and Exchange Issue.

We also caution the readers of this release that astonishment do not undertake to set right any forward-looking statements.

Source: Jacobs Engineering Piece Inc.

Jacobs Engineering Group Inc.



Trick W. Prosser, Jr.,



Chairman of the board Vice President, Finance and Administration