CB&I Announces Two Executive Management Appointments.THE WOODLANDS, Texas -- CB&I (NYSE NYSE See: New York Stock Exchange :CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. ) today announced two executive management appointments: Beth A. Bailey, 55, has been promoted to the position of Executive Vice President - Chief Information Officer. Bailey has more than 30 years of experience at CB&I, progressing through increasingly responsible roles in the IT organization. She most recently served as Senior Vice President - Information Technology. Bailey holds a Bachelor's degree in Business Administration and Management from Elmhurst College Elmhurst College was founded in 1871. It is a private four year institution affiliated with the United Church of Christ. It is located on 38 acres (154,000 m²) of land in Elmhurst, Illinois, a suburb of Chicago. in Illinois. E. Chip Ray, 46, has been promoted to the position of Executive Vice President .- Corporate Planning. Ray has more than 25 years of global experience in Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , Mergers & Acquisitions, Marketing, Sales, Operations and Communications. He joined CB&I in 2003 as Vice President -Global Marketing and most recently served as Senior Vice President - Corporate Planning. Prior to joining CB&I, he served as Executive Director of Strategy and Marketing for a major engineering, procurement and construction Bailey and Ray will report directly to Philip K. Asherman, President 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. , and will be based in CB&I's administrative headquarters in The Woodlands, Texas. "Beth and Chip have each made significant contributions to CB&I's strategic growth over the past several years and these promotions reflect their exceptional track records," said Asherman. "CB&I will utilize their strong leadership and technical skills going forward as we manage our existing business portfolio and pursue continued growth." About CB&I: CB&I executes more than 500 projects each year and is one of the world's leading engineering, procurement and construction (EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ) companies, specializing in projects for customers that produce, process, store and distribute the world's natural resources. With more than 60 locations and approximately 14,000 employees throughout the world, CB&I capitalizes on its global expertise and local knowledge to safely and reliably deliver projects virtually anywhere. Information about CB&I is available at www.CBI.com. |
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