Jacobs Engineering Group Inc. (NYSE:JEC) announced today the appointment of Robert V. Pragada as President for its Industrial Line of Business (LOB), effective immediately. In addition, to take advantage of Pragada’s broad experience in construction, Jacobs’ Field Services unit will move under his leadership responsibility.
Pragada is based in Conshohocken, Pennsylvania and reports directly to Jacobs’ President and CEO Steve Demetriou. He replaces Andrew Kremer, who has moved to an Executive Advisor role providing leadership to several priority initiatives for the company.
Pragada returns to Jacobs after serving as President and Chief Executive Officer of The Brock Group since August 2014. While previously with Jacobs, he held a number of senior management positions, including Senior Vice President, Global Sales; Group Vice President, Northern Region; and Vice President, Field Services.
After graduating from the United States Naval Academy, Pragada began his career in the Navy as a Civil Engineer Corps and Seabees officer, providing base construction and maintenance services and international contingency operations, rising to the rank of Lieutenant Commander. Pragada also earned a Master of Science in Engineering and Management from Stanford University.
Commenting on the appointment, Demetriou said, “We are delighted to welcome Bob back to Jacobs. He brings a strong reputation as a leader and a demonstrated track record for driving successful results across both Sales and Operations. I’m confident this appointment will leverage Bob’s tremendous talents as he works closely with the rest of our executive leadership team in steering the company’s continued success.”
Jacobs is one of the world's largest and most diverse providers of technical, professional and construction services.
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2015 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.
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Contacts:
Robin Shermer, 817-735-6284
