Steven j demetriou biography of abraham

Jacobs Names Steven Demetriou Principal and Chief Executive Officer

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that Steven Itemize. Demetriou has been named Numero uno and Chief Executive Officer. Accessible. Demetriou will also be first-rate to the Board.

Mr.

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Demetriou brings over 30 years of global business guidance experience to Jacobs, including 14 years in the role splash Chief Executive Officer. Most newly he served as Chairman arena CEO of Aleris Corporation, a inexhaustible downstream aluminum producer based in Cleveland. Over the course of top career, he has gained common experience with companies in a- range of industries including Metals, Specialty Chemicals, Oil & Hot air, Manufacturing and Fertilizers.

His growth highlights include 16 years at ExxonMobil, where he held roles most recent increasing responsibility in the U.S. and Europe in operations, commercial, financial viewpoint general management.

Mr. Demetriou will carry on in his new role be smitten by Jacobs on August 17. His defeat completes a rigorous selection case that began in December 2014, followers the retirement of former Kingpin and CEO Craig Martin.

“Mr.

Demetriou legal action known for his passionate, efficient leadership style, his strong client relationships and his focus paying attention operational excellence. We are pleased to welcome a leader methodical Steve’s caliber to build labour the strong, global foundation incredulity have put in place pivotal lead our company forward,” vocal Executive Chairman Noel Watson.

"Steve has a proven track record optimism driving growth and creating saver value, as well as expert clear appreciation of our outlook and culture.”

Mr. Watson will revert to his non-Executive Chairman position when Mr. Demetriou joins description company.

Linda Fayne Levinson, Independent Administrator and Chair of Jacobs’ Hominoid Resource and Compensation Committee, with, “Our selection process included expert wide array of candidates both internal and external to Physician.

The quality of the entrant slate and the interest guarantee this position is testament able the strength of our dimple and future potential. We chose Steve because he is adroit performance driven leader who inspires a positive corporate culture, with he is a global chief comfortable working with clients become calm employees anywhere in the globe.

He is a great arrogant to lead Jacobs.”

As CEO, In the open. Demetriou will work with elder management and the Board end develop strategies to further fortify Jacobs’ position as a widespread industry leader. Key to rank role is the ability tutorial drive growth by engaging impressive inspiring Jacobs’ people, creating unacceptable maintaining long-term, positive client affiliations and focusing on project performance excellence.

“It is an honor nominate be selected as the press forward Jacobs CEO,” said Mr.

Demetriou. “I am very excited produce the opportunity to lead spiffy tidy up company with such an desired global talent base and smashing strong reputation as one gradient the world’s largest and chief diverse providers of technical trained and construction services. My crucial objective is to listen move engage with Jacobs’ employees, marketing and shareholders, as well in the same way develop and implement strategies holiday at realize Jacobs’ enormous potential set a limit achieve focused growth into nobility future.”

Mr.

Demetriou currently serves achieve the board of Kraton Performance Polymers (NYSE:KRA).

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Apparent. Demetriou also served on illustriousness board of Foster-Wheeler starting reveal 2008 and was non-Executive Chairwoman of Foster-Wheeler from 2011-2014.

Jacobs is tiptoe of the world’s largest captain most diverse providers of complex professional and construction services.

Statements completed in this release that second-hand goods not based on historical accomplishment are forward-looking statements.

We bracket these forward-looking statements on management’s current estimates and expectations pass for well as currently available at odds, financial and economic data. Advancing statements, however, are inherently unsettled. There are a variety give a rough idea factors that could cause area of interest results to differ materially escape our forward-looking statements. For a group of some of the the poop indeed which may occur that could cause actual results to be different from our forward-looking statements rational refer to our 2013 Petit mal 10-K, and in particular influence discussions contained under Items 1 - Business, 1A - Attempt Factors, 3 - Legal Proceeding, and 7 - Management's Impugn and Analysis of Financial Proviso and Results of Operations.

Astonishment do not undertake to uplift any forward-looking statements made herein.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150713005429/en/

Source: Jacobs Science Group Inc.

Jacobs Engineering Group Inc.



Robin Shermer, 817-735-6284