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Bechtel Announces Leadership Changes

RESTON, Virginia - July 31, 2014

Brendan Bechtel Named President and Chief Operating Officer

Bechtel, one of the world’s leading engineering, construction, and project management organizations, announced today that Brendan Bechtel will become president and chief operating officer and a member of the board of directors of Bechtel Group, Inc. He will report to Bill Dudley, the company’s chief executive officer. Bechtel, son of Chairman of the Board Riley Bechtel, is the fifth generation of the Bechtel family to become president of the 116-year-old firm.

“Brendan has proven himself as an extraordinary leader, earning the respect of colleagues and customers while working in many diverse sectors of the company,” said Dudley. “His talent and knowledge of the industry make him the right person to help lead the company and ensure it remains the contractor, partner, and employer of choice for years to come.”

Bechtel most recently served as president of the company’s largest and most successful business unit, Oil, Gas & Chemicals. Under his leadership, the business continued to win new work, including the recent award of the Tilbury LNG Facility Expansion Project in British Columbia. Bechtel first began working for the company during summer breaks in high school. After joining the company full-time, he took on roles of increasing responsibility, including assignments around the world in field construction and project management. In addition, he is credited with being the principal architect of the Bechtel Leadership Model, which helps guide the company’s leadership behavior.

“Bechtel has been at the forefront of the industry for generations and I look forward to building on that success by applying the values upon which my great-great-grandfather founded this company: do honest, quality work and treat people right,” said Brendan Bechtel. “The company’s goal has always been to be the best—in the eyes of our customers, colleagues, and the communities where we work. I am honored to continue this tradition.”

Bechtel Executive Vice President Jack Futcher succeeds Bechtel as president of the Oil, Gas, & Chemicals business, a position he held previously. A 34-year veteran of the company, Futcher has also served as president of the organization’s power business and is a member of Bechtel’s board of directors.

The leadership changes are effective August 1, 2014.

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.  www.bechtel.com