Jacobs Names Executives for Company Strategy, Innovation and Information Technology to Extend Differentiated Leadership and Profitable Growth

DALLAS, Oct. 23, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced three key executive appointments to expand high-margin growth in an evolving professional services sector, including Marietta Hannigan, chief strategy and communications officer; Darren Kraabel, chief technology and innovation officer; and Madhuri Andrews, chief information officer.

"Two years ago, we embarked on a strategy to strengthen our culture, transform the core of our business and expand profitable growth. Since then, we have outperformed that strategy on several measures of value creation, including the integration of our largest, most transformative acquisition last year, and significant, further portfolio reshaping focusing on higher-margin growth with the pending sale of the ECR business," said Jacobs Chairman and CEO Steve Demetriou. "Now we are naming three pivotal positions to take the company further, by reshaping Jacobs' strategy and portfolio to profit from technology and innovation focused on advanced facilities, infrastructure and government services."

Marietta Hannigan has been promoted to the new position of chief strategy and communications officer to lead the development, articulation and execution of Jacobs' brand leadership, corporate strategy and portfolio transformation to capitalize on attractive, non-traditional growth opportunities playing to Jacobs' unique strengths, that ultimately expand the company's capacity for superior value creation.

Darren Kraabel has been promoted to the new role of chief technology and innovation officer, leading a new corporate function driving the company's transformation into an innovative, data-driven provider, building on the catalyst of Jacobs' connected enterprise solutions strategy, which addresses clients' highest-priority needs associated with urbanization, resource scarcity, security and widening workforce gaps. Capitalizing on Jacobs' deep knowledge of client applications and broad-based experience delivering smart-enabled, sustainable management approaches, including analytics, networking and cybersecurity solutions, Kraabel will work across business lines to leverage investment, development and extension of the company's unique thought leadership and deep client-domain experience in emergent technologies and broad-based applications to deliver mutual value creation.

Madhuri Andrews has joined Jacobs as chief information officer to lead the development of the company's IT organization and systems as key enablers of efficiency and innovation. In this role, she will the optimize the company's data architecture and platforms as a competitive advantage to enhance agility and operational excellence with seamless, mobile collaboration throughout Jacobs' global supply chain.

"In addition to their breadth and depth of experience, all three of these executives possess the ideal combination of proficiency, ingenuity and passion to help Jacobs realize its fullest potential in differentiated leadership and profitable growth," Demetriou added.

Kraabel previously served as senior vice president and general manager of mission solutions for Jacobs' Aerospace, Technology, Environment and Nuclear business, where he was responsible for delivering solutions focused on information technology, cybersecurity, and intelligence analysis for clients in defense and intelligence. He also provided business development leadership to grow Jacobs' global portfolio of technology-driven solutions. Prior to joining Jacobs, Kraabel served a distinguished, 10-year career with the U.S. Air Force. He earned his Bachelor of Science in engineering mechanics, with both Academic and Military Distinction, from the United States Air Force Academy, and a Master of Science in aeronautical engineering from the Air Force Institute of Technology.