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Jacobs Engineering Group: Jacobs Announces Move To New Global Leadership Structure

The following excerpt is from the company's SEC filing.

PASADENA, Calif.

Jacobs Engineering Group Inc.

(NYSE:JEC) announced today that it will move to a new leadership structure organized around four global lines of business. These changes are designed to better serve the needs of our global client base, leverage our talented workforce and provide enhanced growth opportunities across the business.

The four global lines of business are:

Petroleum & Chemicals

J. Gary Mandel will become president of this line of business. Petroleum & Chemicals will serve Jacobs clients around the globe in oil & gas, refining and chemicals related opportunities.

Buildings & Infrastructure

Phillip J. Stassi will become president of this line of business. This change will allow Jacobs to better leverage its buildings and infrastructure capabilities to take advantage of the growth opportunities in this global market.

Aerospace & Technology

Terence D. Hagen will become president of this line of business. It will serve Jacobs global aerospace, defense and nuclear...


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