Brendan Bechtel to become CEO of Bechtel
Bechtel has revealed its new executive leadership team, which will be in place from 1 September 2016, with 35-year-old Brendan Bechtel taking the role of CEO.
Current CEO Bill Dudley will become Vice-Chairman of the Bechtel Group, Inc. global enterprise and Brendan Bechtel, current President & COO, succeeds Dudley as CEO. Jack Futcher, President of the company’s Oil, Gas & Chemicals (OG&C) business will become President & COO of Bechtel Group, Inc.
Chairman of the Board Riley Bechtel said: “I am delighted to announce these changes that further strengthen our company and puts in place a dedicated and experienced executive leadership team that will drive us forward as we continue to innovate, re-tool and consistently deliver for our customers and colleagues. This is a natural evolution in our company and the result of diligent succession planning and execution.”
Brendan Bechtel becomes the fifth-generation family member to lead Bechtel as its CEO. He said: “I am especially honored and humbled by this election just a few weeks after we celebrated my grandfather’s 75 years of continuous service to Bechtel. Representing the fifth-generation of family leadership at this remarkable company is a unique responsibility. I look forward to continuing the family’s legacy started by my great-great-grandfather in 1898, and most importantly, working with our strong team of committed and capable leaders to guide Bechtel into the future.”
Read the June 2016 issue of Construction Global magazine