Brings further strategic growth and operational
efficiency business intelligence
DALLAS, July 18,
2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today
the election of Mary Jackson to its
Board of Directors, effective upon the closing of the previously
announced separation of Jacobs' Critical Mission Solutions and
portions of its Divergent Solutions business, or, if earlier,
January 15, 2025. A 32-year veteran
of the United States Navy with extensive experience as an
advisor across numerous boards while in the Navy and since, retired Vice Admiral Jackson brings
a proven track record of dynamic leadership discipline, strategic
business continuity and operational efficiency.
Having retired from the U.S. Navy as
Vice Admiral in 2020 where she led complex worldwide operations for
shore installations, including infrastructure management and
program governance, budgeting, supply chain management, human
capital management, risk management and execution, she has
leveraged that global experience leading multifaceted projects and
services for diverse teams to become a premier public and private
company independent director.
Jacobs CEO Bob Pragada said, "We
are very fortunate to be appointing Vice Admiral Jackson to the
Jacobs Board. Her extensive experience in large scale global
infrastructure management, combined with her vast knowledge of
operational effectiveness, digital transformation and innovation
will be of considerable benefit. We look forward to her
contributions as Jacobs evolves as a significant pure play
infrastructure solutions provider in the next exciting chapter of
our company's transformation."
Currently, Vice Admiral Jackson serves as an independent
director on the boards of Victory Capital Holdings, Custom Truck
One Source, several private company boards, and the United States
Naval Academy Foundation. She holds a bachelor's degree in physics
(oceanography emphasis) from the United States
Naval Academy and a master's degree in engineering
management from George Washington
University.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With approximately $16 billion
in annual revenue and a talent force of more than 60,000, Jacobs
provides a full spectrum of professional services including
consulting, technical, scientific and project delivery for the
government and private sector. Visit jacobs.com and connect
with Jacobs on Facebook, Instagram, LinkedIn and X.
Certain statements contained in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not directly relate to any
historical or current fact. When used herein, words such as
"expects," "anticipates," "believes," "seeks," "estimates,"
"plans," "intends," "future," "will," "would," "could," "can,"
"may," and similar words are intended to identify forward-looking
statements. We base these forward-looking statements on
management's current estimates and expectations, as well as
currently available competitive, financial and economic data.
Forward-looking statements, however, are inherently uncertain.
There are a variety of factors that could cause business results to
differ materially from our forward-looking statements including,
but not limited to, our plans to spin off and merge with Amentum
our Critical Missions Solutions business and a portion of our
Divergent Solutions business in a proposed transaction that is
intended to be tax-free to stockholders for U.S. federal income tax
purposes, the timing of the award of projects and funding and
potential changes to the amounts provided for under the
Infrastructure Investment and Jobs Act and other legislation
related to governmental spending, as well as general economic
conditions, including inflation and the actions taken by monetary
authorities in response to inflation, changes in interest rates and
foreign currency exchange rates, changes in capital markets, the
possibility of a recession or economic downturn, geopolitical
events and conflicts, and the impact of any future pandemic or
infectious disease outbreak, including the related reaction of
governments on global and regional market conditions, among others.
For a description of some additional factors that may occur that
could cause actual results to differ from our forward-looking
statements, see the discussions contained under Item 1 - Business;
Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations in our most recently filed Annual Report on
Form 10-K, and Item 2 - Management's Discussion and Analysis
of Financial Condition and Results of Operations; Item 1 - Legal
Proceedings; and Item 1A - Risk Factors in our most recently filed
Quarterly Report on Form 10-Q, as well as the company's other
filings with the Securities and Exchange Commission. The company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
media@jacobs.com
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SOURCE Jacobs