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Bechtel elects new Chairman

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LNG Industry,

Bechtel has announced that Chief Executive Officer Brendan Bechtel has been unanimously elected Chairman of Bechtel Group Inc. (BGI) by the company’s board of directors.

Brendan will succeed his father, Riley Bechtel, who served as the CEO from 1990 to 2014 and BGI Chairman since 1996. Brendan will now serve as both Chairman and CEO, after having been appointed CEO in September 2016. This followed his work in several leadership positions at the company and managing the delivery of several of the company’s megaprojects, including Queensland Curtis LNG in Australia, the San Onofre Nuclear Generating Station, and the Dulles Corridor Metrorail.

Brendan said: “I am deeply grateful to the board for electing me as chairman, and on behalf of our 50 000 colleagues as well as the four generations of my family who have held this position before me, I am committed to leading our company to the highest ethical standards and always remaining true to our core values.

“We live in an increasingly competitive world, and Bechtel will continue to meet the needs of our customers by continuously developing the skills of our talented colleagues and improving the diversity of our workforce. We will build on our 119-year legacy of creating long-term careers, full of purpose and positive impact, here in the United States and around the world."

Riley Bechtel will now serve as a non-executive director. He said: “There was no greater professional honour for me than to have led thousands of my dedicated colleagues as we worked together to build the best and safest projects in the world.

"I share with my fellow directors the utmost confidence in Brendan's ability to lead Bechtel in its next chapter as we build the best projects for the world."

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