B&W Announces Executive Appointments
December 06 2016 - 9:00AM
Business Wire
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) is
announcing a number of rotational changes involving key members of
the company’s leadership team.
Jimmy B. Morgan has been named Senior Vice President, Renewable.
He will be responsible for B&W’s renewable energy business,
including the company’s Denmark-based subsidiary, Babcock &
Wilcox Vølund A/S. With more than 25 years of experience in the
global energy industry, he has served in a number of senior
leadership roles and has considerable large project management,
operations and construction experience. In his new position, he
will oversee completion of our key renewable project in the
European Union. This project remains on track for commissioning in
the first quarter of 2017, with piping currently 95 percent
complete and electrical 85 percent complete.
D. Paul Scavuzzo has been named Senior Vice President and Chief
Commercial Officer. In his new role, Mr. Scavuzzo will provide
increased oversight and leadership as we continue to expand the
company’s global supply chain management initiatives and optimize
our global facility utilization. He will continue to oversee the
company’s joint venture operations in China and India.
James J. Muckley has been named Senior Vice President,
Operations. He will lead the company’s global project management,
quality, and environmental, health, safety & security
functions. He also will oversee the company’s global manufacturing
operations and Babcock & Wilcox Construction Co., Inc.
Additionally, Wendy S. Radtke, Senior Vice President and Chief
Human Resource Officer, has announced she will be leaving B&W
at the end of December to assume a new role at another company. To
ensure a smooth transition in this function, Benjamin H. Bash will
join B&W for a period of six to 12 months to serve as interim
Senior Vice President, Human Resources, while the company conducts
a search for a permanent replacement for the position.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a
global leader in energy and environmental technologies and services
for the power and industrial markets. B&W companies employ
approximately 5,700 people around the world. Follow us on Twitter
@BabcockWilcox and learn more at www.babcock.com
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements, including statements relating to the timing and
completion of a renewable project, and statements relating to
supply chain initiatives and facility optimization. These
forward-looking statements involve a number of risks and
uncertainties, including, among other things, delays or other
difficulties relating to project execution, the inability to
complete projects on time and within budget, the inability to
retain key personnel, the failure of subcontractors, labor
disruptions, and disputes with customers or suppliers. If one or
more of these or other risks materialize, actual results may vary
materially from those expressed. For a more complete discussion of
these and other risk factors, please see B&W's filings with the
Securities and Exchange Commission, including our most recent
annual report on Form 10-K and subsequent quarterly reports on Form
10-Q. B&W cautions not to place undue reliance on these
forward-looking statements, which speak only as of the date this
release, and undertakes no obligation to update or revise any
forward-looking statement, except to the extent required by
applicable law.
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version on businesswire.com: http://www.businesswire.com/news/home/20161206005290/en/
Babcock & WilcoxInvestor Contact:Jude Broussard,
704-625-4944Vice President, Investor
Relationsinvestors@babcock.comorMedia Contact:Ryan Cornell,
330-860-1345Public Relationsrscornell@babcock.com
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