Bower Appointed Vice Chairman of Parsons Corporation.PASADENA, Calif. -- The Parsons Corporation Founded in 1944, Parsons is one of the largest 100% employee-owned engineering and construction companies in the United States, with revenues exceeding $3.3 billion in 2006. It is headquartered in Pasadena, California. Board of Directors has elected Curtis A. (Curt) Bower to the role of Vice Chairman of the Parsons Corporation Board of Directors and named him Special Assistant to the Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , James F. (Jim) McNulty. Parsons Corporation employs more than 11,000 people worldwide and specializes in providing its clients with comprehensive solutions to complex technical and managerial challenges. In his prior position, Mr. Bower was Executive Vice President, Chief Financial Officer, and Treasurer of Parsons Corporation where he handled all finance, treasury, tax, and insurance matters. Bower has been with Parsons since 1991. "Curt and I have worked very closely together over the past 10 years. Our Board of Directors has long recognized his unique talents and capabilities," explains Jim McNulty, Parsons Chairman and Chief Executive Officer. "Curt's election to Vice Chairman will allow him to better contribute to the development of corporate strategies. As Special Assistant to the Chairman and CEO, he will oversee all of Parsons' finance, investment, and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. initiatives," McNulty adds. Mr. Bower is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and holds a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in accounting from the Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. and a bachelor's degree in accounting from Rutgers University. He is based in Pasadena, California. Parsons, celebrating more than 60 years of setting industry standards, is a leader in many diversified markets such as facilities, planning, infrastructure, industrial processes, communications, transportation, water, environmental, and advanced technology. Parsons provides technical and management solutions to private industrial customers worldwide as well as federal, regional, and local government agencies. For more about Parsons, please visit us at www.parsons.com. |
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