Click here to close now.

Welcome!

News Feed Item

Bechtel Announces Leadership Changes

Bill Dudley Named President and Chief Executive Officer; Succeeds Riley Bechtel, Who Remains Chairman of the Board

SAN FRANCISCO, Feb. 3, 2014 /PRNewswire/ -- Bechtel, one of the world's leading engineering, procurement, and construction companies, today announced several leadership changes throughout its worldwide organization, effectively immediately. 

(Logo: http://photos.prnewswire.com/prnh/20130124/SF47758LOGO)

Bill Dudley, who has served as president and chief operating officer since 2008, has been named president & CEO of the Bechtel group of companies, which includes Bechtel Corporation and all of its subsidiaries worldwide. Dudley takes over for Riley Bechtel, who is stepping down for health reasons from day-to-day operations as the company's chief executive. Bechtel, who will remain chairman of the company's board of directors, has been chairman & CEO of the company for nearly 25 years.

"For many years Bechtel has approached succession planning with diligence to ensure smooth transitions in leadership. Our plan includes provision for unplanned events, which we are now encountering. We are well prepared to act quickly in everybody's best interest with no loss of momentum," said Bechtel. He added, "Bill has been our top candidate for CEO succession for some time, and he is well qualified in every respect to take over now. He will be an outstanding CEO for our company; he is highly regarded by our colleagues, customers, partners, and suppliers. I have tremendous confidence in Bill's ability to continue to move the company forward."

Dudley is the first nonfamily member to serve as president and CEO since the company's founding. He joined the company in 1981 and over the next 20 years excelled in a variety of operational and executive roles, including managing key global projects, serving as president of the company's Europe, Africa, Middle East, and Southwest Asia region, and serving as president of the Oil, Gas & Chemicals business unit. He was elected to the company's board of directors in 2000 and named president and chief operating officer in 2008. 

"I look forward to furthering the successful path for Bechtel that Riley began more than 24 years ago as CEO, building on the foundation started by his great-grandfather in 1898," said Dudley. "Bechtel is a remarkable company, and I am honored to be entrusted with this role." 

In other appointments, Jack Futcher, currently president of the company's largest and most successful business unit—Oil, Gas, & Chemicals—has been named an executive vice president and sponsor of the Oil, Gas, & Chemicals and Mining & Metals business units as well as the regional organizations. As executive sponsor, Futcher will provide additional oversight of and support to these businesses, which have similar global characteristics. Futcher joined Bechtel in 1980, was named president of the company's power unit—Bechtel Power—in 2008, and became president of Oil, Gas, & Chemicals and elected to the company's board of directors in 2010.

Brendan Bechtel, son of Riley Bechtel, succeeds Futcher as president of the Oil, Gas, &Chemicals business. Brendan was previously the general manager of the company's liquefied natural gas business.  He is credited with being the principal architect of updating the Bechtel Leadership Model, which has guided the company's leadership behaviors for many years. Brendan, who first began working for the company on summer breaks while in high school, becomes the fifth-generation member of the Bechtel family to serve in an executive leadership capacity.  

Alasdair Cathcart, a 25-year veteran of the company, will take over for Brendan as general manager of the LNG business. Today, Bechtel is responsible for more than half of the world's LNG capacity under construction. Cathcart has held positions in multiple Bechtel business units and served in a variety of project, functional, general management, and executive leadership roles, which included succeeding Futcher as president of Bechtel Power before focusing full-time on the company's LNG business across Australia.

"I am delighted to announce these immediate promotions for Bill, Jack, Brendan, and Alasdair. They are all very well deserved, and each of these leaders embodies the necessary qualities to propel the company forward," the elder Bechtel commented, adding, "Words cannot fully describe the pride I feel for what the company has accomplished in the 24 years since I was privileged to become its CEO. I look forward to continuing to do my part to ensure that Bechtel is the premier engineer constructor on the planet and a great place to work."

Bechtel is widely regarded for its core values, first established 116 years ago and kept relevant through active family leadership. Today, three generations of the Bechtel family serve in leadership capacities—something that has not occurred since the 1980s: Stephen D. Bechtel, Jr., Riley's father, recently celebrated more than 60 years with the company and continues to serve as senior director on the board.

About Bechtel:

Bechtel is among the most respected engineering, project management, and construction companies in the world. We stand apart for our ability to get the job done right—no matter how big, how complex, or how remote. Bechtel operates through five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services. Since its founding in 1898, Bechtel has worked on more than 22,000 projects in 140 countries on all seven continents. Today, our 53,000 employees team with customers, partners, and suppliers on diverse projects in nearly 50 countries. For more information about Bechtel visit www.bechtel.com

Media contact:

Charlene A. Wheeless
t. + 1 571 392 3891
m. +1 240 409 9490
[email protected]

SOURCE Bechtel

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations migh...
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies drivi...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud envir...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction. Th...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
SYS-CON Events announced today that Alert Logic, the leading provider of Security-as-a-Service solutions for the cloud, has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo® and DevOps Summit 2015 Silicon Valley, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Alert Logic provides Security-as-a-Service for on-premises, cloud, and hybrid IT infrastructures, delivering deep security insight and continuous protection for cust...