Black & Veatch has appointed two senior leaders to guide its energy-focused operations.
The decision follows the company’s announcement that the current President and CEO of its energy business, Dean Oskvig, will retire after 40 years of service.
Oskvig will continue in his leadership role through the remainder of 2015 while guiding a transition period for Hoe Wai Cheong, President, Oil and Gas; and Ed Walsh, President, Power. Both will report to Steve Edwards, Black & Veatch Chairman & CEO.
“The company has great confidence in Hoe Wai and Ed based on their global experience and project management capabilities. They both have led challenging assignments during their careers and they are well positioned to guide the company’s global energy operations into the future,” said Edwards.
Mr Chenong said: “It’s an exciting time to be in the oil and gas business and having also spent time building the power business in Asia, I feel both businesses are on a strong foundation and well-positioned to continue to grow. In particular, some of the recent successes the company had in the LNG sector create an excellent platform to grow our portfolio in the oil and gas market.”
Mr Walsh added: “The company has a tremendous opportunity to deliver more landmark projects […] We have diversified our portfolio globally and today we have more clients than ever in the history of the company. Given the strengths in the markets we serve around the world, there is a great ability to achieve our long-term strategy and meet our clients’ evolving needs.”
The departing Mr Oskvig said: “Within the first month I worked at Black & Veatch, I was introduced to a retired Mobil Oil executive. As I was introduced that gentlemen said, ‘Black & Veatch is the finest organisation in the world.’ I don’t know how he came to that conclusion, but it was great start for me. And recently, in India, a client’s executive who I had just met started our conversation with ‘everyone knows Black & Veatch is the best power designer in the world.’ I’ve had that ‘wind to my back’ the whole 40 years.”
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/30072015/leadership-changes-at-black-and-veatch-1078/