KBR, Inc. Appoints New President and Directors
Ticker: KBR · Form: 8-K · Filed: Dec 19, 2024
Sentiment: neutral
Topics: executive-changes, board-of-directors, personnel
Related Tickers: KBR
TL;DR
KBR shakes up leadership with new tech prez and two board members.
AI Summary
On December 17, 2024, KBR, Inc. announced changes to its executive team and board of directors. The company appointed Dr. Niclas Ståhlberg as President of its Sustainable Technology Solutions segment and also elected two new directors, Ms. Susan L. Story and Mr. David J. Dacquino, to its Board of Directors.
Why It Matters
These executive and board changes could signal a strategic shift or a focus on specific growth areas within KBR, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: low — The filing reports routine executive and board changes without any indication of financial distress or significant operational disruption.
Key Players & Entities
- KBR, Inc. (company) — Registrant
- Dr. Niclas Ståhlberg (person) — Appointed President of Sustainable Technology Solutions
- Ms. Susan L. Story (person) — Elected to Board of Directors
- Mr. David J. Dacquino (person) — Elected to Board of Directors
- December 17, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new President of KBR's Sustainable Technology Solutions segment?
Dr. Niclas Ståhlberg has been appointed as the new President of KBR's Sustainable Technology Solutions segment.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 17, 2024.
How many new directors were elected to KBR's Board of Directors?
Two new directors, Ms. Susan L. Story and Mr. David J. Dacquino, were elected to KBR's Board of Directors.
What is KBR, Inc.'s principal executive office address?
KBR, Inc.'s principal executive office is located at 601 Jefferson Street, Suite 3400, Houston, Texas 77002.
What is the trading symbol for KBR, Inc.'s Common Stock?
The trading symbol for KBR, Inc.'s Common Stock is not explicitly stated in the provided text, but it is registered on an exchange.
Filing Stats: 783 words · 3 min read · ~3 pages · Grade level 9.3 · Accepted 2024-12-18 21:29:05
Key Financial Figures
- $0.001 — exchange on which listed Common Stock, $0.001 par value KBR New York Stock Exchange
Filing Documents
- kbr-20241217.htm (8-K) — 28KB
- kbr-20241217_g1.jpg (GRAPHIC) — 297KB
- 0001357615-24-000064.txt ( ) — 873KB
- kbr-20241217.xsd (EX-101.SCH) — 2KB
- kbr-20241217_lab.xml (EX-101.LAB) — 23KB
- kbr-20241217_pre.xml (EX-101.PRE) — 13KB
- kbr-20241217_htm.xml (XML) — 3KB
01 Other Events
ITEM 8.01 Other Events. On December 17, 2024, the Board appointed Mr. Bradie to serve as Chair of the Board effective immediately upon the conclusion of General Lyles' current term as a director. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KBR, INC. December 19, 2024 /s/ Sonia Galindo Sonia Galindo Executive Vice President, General Counsel & Corporate Secretary