Posted 01 April, 2024
JACOBS SOLUTIONS INC. appointed new CEO
CEO Change detected for ticker NYSE:J in a 8-K filed on 01 April, 2024.
The Company also announced that Kevin Berryman, age 65, currently Special Advisor to the Company's Chief Executive Officer, has succeeded Ms. Jaramillo as the Company's interim Chief Financial Officer, effective as of March 29, 2024.
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 Principal Officers; Election of Directors; Appointment of Principal Officers. On April 1, 2024, Jacobs Solutions Inc. (the "Company") announced the departure of Claudia Jaramillo, Executive Vice President, Chief Financial Officer, effective April 15, 2024 (the "Effective Date"). Ms. Jaramillo's departure was not the result of any dispute or disagreement with the Company relating to reported financial statements and related financial results. The Company also announced that Kevin Berryman, age 65, currently Special Advisor to the Company's Chief Executive Officer, has succeeded Ms. Jaramillo as the Company's interim Chief Financial Officer, effective as of March 29, 2024. Mr. Berryman joined the Company in December 2014 and previously served as President and Chief Financial Officer of the Company until August 14, 2023, when he transitioned into his current position as Special Advisor to the Company's Chief Executive Officer. The Company has initiated a search for a permanent chief financial officer with the assistance of an executive search firm. In connection with Mr. Berryman's appointment as interim Chief Financial Officer, he will continue to receive his current compensation. Mr. Berryman does not have a direct or indirect material interest in any transaction with the Company that requires disclosure pursuant to Item 404(a) of Regulation S-K and there is no arrangement or understanding between Mr. Berryman and any other person pursuant to which Mr. Berryman was selected to serve as the Company's interim Chief Financial Officer and principal financial officer. Mr. Berryman is not related to any member of the Board or any executive officer of the Company.
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