Jacobs CEO Bob Pragada Appointed Chair of the Board
Slice of Construction Team
Sep 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)
Quotes
“ "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
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.
