Jacobs Confirms Appointment Of Bob Pragada As New CEO

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Jacobs Confirms Appointment Of Bob Pragada As New CEO

(RTTNews) - Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.

Pragada brings more than 30 years of global business leadership and military experience to Jacobs, including 17 years with the company and nine years as a Civil Engineer Corps and Seabees Officer with the U.S. Navy.

Pragada was most recently the President and Chief Operating Officer of Jacobs since 2019. He is the first Indian American, veteran and person of color appointed as CEO of Jacobs.

Pragada joined Jacobs in 2006, holding several senior management positions over eight years, including Senior Vice President of Global Sales, Group Vice President of Northern Region (United States and the Republic of Ireland); and Vice President of Field Services.

He returned to Jacobs in 2016 as President of the global Industrial and Buildings & Infrastructure lines of business and led the successful integration of CH2M. He was also instrumental in Jacobs' strategic majority investment in PA Consulting, a multi-billion-dollar digital consulting firm, where he now serves as a Board member.

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Jacobs, Palantir Technologies Expand Partnership

Jacobs, Palantir Technologies Expand Partnership

Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
RTTNews | 700 hari yang lalu
Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.
RTTNews | 1003 hari yang lalu
U.S. Pending Home Sales Unexpectedly Spike 6.1% March

U.S. Pending Home Sales Unexpectedly Spike 6.1% March

Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
RTTNews | 29 minit yang lalu
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March. The Commerce Department said its personal consumption expenditures (PCE) price index edged down by less than a tenth of a percent in March after rising by an upwardly revised 0.4 percent in February.
RTTNews | 32 minit yang lalu
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