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
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.