CB&I announces leadership changes

L. Richard Flury, Non-Executive Chairman of CB&I's Supervisory Board, said: “CB&I's Supervisory Board is grateful for Phil's service and congratulates him on his nearly 12 years of leadership of what has become one of the premier energy infrastructure companies in the world.

"We especially appreciate Phil's commitment to succession planning by ensuring that we have an outstanding internal candidate in Pat Mullen to assume the position of CEO. I am confident in Pat's ability to successfully lead CB&I into the future."

Asherman said: “"It has been a great honour to lead CB&I for almost 12 years, and I am proud of the many significant accomplishments the company and our employees have made in that time.

"Pat has demonstrated tremendous leadership capabilities and has been an active executive partner in maintaining CB&I's standards with our employees and our global energy customers. His technical and business credentials plus over 25 years of industry experience make him the right executive to lead CB&I into the future. I'm confident Pat will bring a fresh perspective on technology and innovation that will drive the company to even greater achievements."

Mullen was named COO in 2016, previously having served as Executive Vice President and President of CB&I’s Engineering & Construction operating group, where he was responsible for engineering and construction for CB&I’s worldwide operations. He joined the company in 2007 through the company’s acquisition of Lummus Global, and served in a number of operational and commercial leadership roles throughout the company with global responsibility for corporate strategy, as well as serving as a key interface with CB&I’s shareholders. He currently serves on Vectren Corp.’s board of directors.

Mullen commented: “Phil's leadership has set a strong foundation for the many opportunities we have ahead.

"I appreciate the Board's confidence as we work through this challenging cycle in our industry, and I am committed to taking action to ensure the successful execution of our significant backlog of projects. I look forward to working with our many talented employees to further build a culture that enables CB&I to be the most collaborative and innovative partner for our customers around the world."

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