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.”
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