Jacobs CEO Bob Pragada Appointed Chair of the Board

Author

Slice of Construction Team
September 09, 2024

Key Highlights:

  • Bob Pragada appointed Chair following CMS and Cyber business separation

  • Steve Demetriou joins Amentum as Executive Chair after successful tenure

  • Jacobs continues focus on innovation under Pragada's leadership

  • Louis Pinkham elected as Lead Independent Director after Chris Thompson moves to Amentum Board

Source (Business Wire)

Notable Quotes:

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"We are excited to have Bob Pragada step into the role of Chair. His leadership and experience have been instrumental in shaping Jacobs."

Steve Demetriou, Outgoing Chair at Jacobs
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"I am deeply honored and proud to be appointed Chair of Jacobs. I look forward to continuing our mission to deliver world-class solutions."

Bob Pragada, CEO and Chair at Jacobs

Our Take:

Bob Pragada's appointment as Chair marks a significant milestone for Jacobs as the company strengthens its leadership amid a strategic realignment. With Pragada now holding both CEO and Chair roles, Jacobs is poised to continue its growth trajectory and expand its impact across various industries, particularly in technology-driven solutions and sustainability. His leadership is expected to maintain the company’s focus on innovation while continuing to foster its reputation as a global leader. Steve Demetriou's transition to Amentum also signals the movement of top leadership talent within the industry, likely to bolster Amentum’s position in the market.