CB&I leaders change
May 19 (LNGJ) - CB&I, the US energy and LNG engineering company, said Philip K. Asherman would be retiring, aged 66, from his positions as President and Chief Executive from July 1 and would be replaced by Patrick K. Mullen. “CB&I's Supervisory Board is grateful for Phil's service and congratulates him on his nearly 12 years of leadership of what has become one of the premier energy infrastructure companies in the world,” said L. Richard Flury, Non-Executive Chairman of the CB&I Supervisory Board. New CEO Mullen, aged 52, was named Chief Operating Officer in 2016 after previously serving as Executive Vice President and President of CB&I's Engineering and Construction unit where he was responsible for worldwide operations.
CB&I works through US LNG projects as it senses rebound in China and Middle East
CB&I, the US energy and liquefied natural gas engineering company, reported a 77 percent drop in first-quarter net income and revenue also fell, though the company sensed a rebound in opportunities in China and the Middle East.
CB&I is optimistic for substantial growth in new LNG and energy projects in US and elsewhere
Chicago Bridge and Iron, the US energy and LNG engineering and construction company, said it was optimistic for substantial backlog growth from new projects in the US and the Middle East during 2017 after posting an operating loss in 2016.
