Posted 26 January, 2023
JACOBS SOLUTIONS INC. appointed new CEO
CEO Change detected for ticker NYSE:J in a 8-K filed on 26 January, 2023.
On January 26, 2023, Jacobs Solutions Inc. (the "Company") announced that Claudia Jaramillo will succeed Kevin Berryman as Chief Financial Officer, effective August 14, 2023, ensuring an effective transition. As of such date, Mr. Berryman will serve as Special Advisor to the Company's Chief Executive Officer, Bob Pragada.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of JACOBS SOLUTIONS INC.
Business/Consumer Services • Technical Services
Jacobs Solutions, Inc. is a holding company, which engages in the designing and deployment of technology-centric solutions. It operates through the following business segments: Critical Mission Solutions, People and Places Solutions, and PA Consulting. The Critical Mission Solutions segment offer broad sectors, including U.S. government services, cyber, nuclear, commercial, and international sectors. The People and Places Solutions segment provides end-to-end solutions under the climate change, energy transition, connected mobility, integrated water management, smart cities, and vaccine manufacturing industries. The PA Consulting segment includes the investment in PA Consulting Group. The company was founded in 1947 and is headquartered in Dallas, TX.Market Cap
$18.5B
View Company Details
$18.5B
Relevant filing section
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS On January 26, 2023, Jacobs Solutions Inc. (the "Company") announced that Claudia Jaramillo will succeed Kevin Berryman as Chief Financial Officer, effective August 14, 2023, ensuring an effective transition. As of such date, Mr. Berryman will serve as Special Advisor to the Company's Chief Executive Officer, Bob Pragada. Ms. Jaramillo, 50, joined the Company in July 2022 as Executive Vice President, Strategy and Corporate Development. Prior to that, Jaramillo spent more than 20 years at Schlumberger, a global energy company, where she served in multiple executive roles in both operations and corporate finance, most recently as Vice President & Group Treasurer until June 2022. Ms. Jaramillo participates in the Company's Leadership Performance Plan (the "Plan"), long-term equity incentive plan, Executive Severance Plan and Executive Deferral Plan in connection with her current role, and will continue to be eligible to participate in such plans as Chief Financial Officer. Any changes in base salary, the incentive target under the Plan and the amount of the annual equity incentive grant will be determined and approved by the Human Resource and Compensation Committee of the Company's Board of Directors at a future date. There are no arrangements or understandings between Ms. Jaramillo and any other persons pursuant to which she was appointed as an officer of the Company (other than arrangements or understandings with directors or officers of the Company acting solely in their capacities as such). There are also no family relationships between Ms. Jaramillo and any director or executive officer of the Company, and Ms. Jaramillo is not party to, and does not have, any direct or indirect material interest in, any transaction requiring disclosure under Item 404(a) of Regulation S-K.
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