Black & Veatch announces corporate restructuring
Black & Veatch Holding Company announces the restructuring of its global business activities by market sector to better address opportunities in key growth areas worldwide.
Under Black & Veatch's (Kansas City, MO) restructuring plan, the company will establish individual market-based operating divisions within three business sectors, energy, water and information. Previously, the company's activities were organized under four business units: power, infrastructure, electrical and telecommunications, and process.
At the same time, the company will create a new corporate center, which will include a finance division, a legal division and a newly created administrative division with responsibility for the company's corporate staff functions. With the transition expected to be complete in early January, the heads of these new operating divisions will report directly to Len C. Rodman, chairman, president and chief executive officer.
As part of the restructuring, Black & Veatch announced appointments to head the new operating divisions and key functions within the corporate center. These individuals and their new responsibilities are:
Energy:
Water:
Information:
Corporate Center:
In a related move, Rodman announced that Wayne F. Hall, vice chairman and acting president of the company's process business, will assume responsibility for commercial affairs, focusing primarily on the area of claims resolution. Hall's replacement as head of the process division within the energy sector will be named at a later date.
Black & Veatch is a global engineering and construction company specializing in the fields of power, infrastructure, process, telecommunications, and information technology, and provides complete engineering, procurement, construction, architectural, financial, and management consulting services for utilities, commerce, industry, and government agencies.
Edited by Tracy Fabre
Managing Editor, Water Online