CB&I Names Jeffrey J. Lyash as President of Power

              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
 
Press spacebar to pause and continue. Press esc to stop.