CB&I Names Jeffrey J. Lyash as President of Power PR Newswire THE WOODLANDS, Texas, July 15, 2013 THE WOODLANDS, Texas, July 15, 2013 /PRNewswire/ --CB&I (NYSE: CBI) today announced its supervisory board of directors has approved the appointment of Jeffrey J. Lyash as President of the Power business unit. Located in Charlotte, N.C., Mr. Lyash will oversee CB&I's comprehensive EPC projects execution and technical services offering to the fossil and nuclear industries. He will report to Lasse Petterson, CB&I's Chief Operating Officer and Executive Vice President, Engineering, Construction and Maintenance operating group. Mr. Lyash's appointment reflects the importance of CB&I's strategic course to deliver exceptional customer service and achieve operational excellence that will drive growth in CB&I's Power business. With more than 30 years' experience in the power industry and a career that spans both the private and public sectors, Mr. Lyash has worked for Pennsylvania Power & Light, Tennessee Valley Authority, the U.S. Nuclear Regulatory Commission and most recently Duke Energy, where he served as Executive Vice President of Energy Supply. Mr. Lyash holds a bachelor's degree in mechanical engineering from Drexel University and graduated from Duke University's Advanced Management Program and the U.S. Office of Personnel Management's Senior Leadership Development Program. "Jeff's experience and track record across all types of power generation make him ideally suited for his role as President of the Power business unit," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "I'm confident that under Jeff's strong leadership, CB&I's Power business will continue expanding its global footprint and delivering safe and efficient energy solutions to our customers around the world." About CB&I CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. Drawing upon more than a century of experience and the expertise of approximately 50,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com. Important Information For Investors And Shareholders Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2012, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference. (Logo: http://photos.prnewswire.com/prnh/20130430/DA04155LOGO) SOURCE CB&I Website: http://www.cbi.com Contact: Media: www.CBI.com, or Investors: Christi Thoms, +1 832 513 1200
CB&I Names Jeffrey J. Lyash as President of Power
Press spacebar to pause and continue. Press esc to stop.