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Michael Collins Appointed to Jacobs Board of Directors

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Jacobs (NYSE:J) has elected Michael Collins to its Board of Directors, effective September 23, 2024. Collins, currently a Partner at Bain & Company, brings extensive experience in global management consulting. His expertise includes developing growth strategies, evaluating acquisitions and divestitures, and implementing organizational change across various industries.

CEO Bob Pragada expressed enthusiasm about Collins' appointment, highlighting the value of his insights for Jacobs' expansion in high-margin consulting and advisory services. Collins holds a bachelor's degree in accounting from Loyola University, Chicago, and an MBA from Harvard Business School.

Jacobs, with $16 billion in annual revenue and a workforce of over 60,000, provides professional services in consulting, technical, scientific, and project delivery sectors for both government and private clients.

Jacobs (NYSE:J) ha nominato Michael Collins nel suo Consiglio di Amministrazione, a partire dal 23 settembre 2024. Collins, attualmente Partner presso Bain & Company, porta una vasta esperienza nella consulenza gestionale globale. La sua competenza include lo sviluppo di strategie di crescita, la valutazione di acquisizioni e dismissioni, e l'implementazione di cambiamenti organizzativi in vari settori.

Il CEO Bob Pragada ha espresso entusiasmo per la nomina di Collins, evidenziando il valore delle sue intuizioni per l'espansione di Jacobs nei servizi di consulenza e advisory ad alta redditività. Collins ha conseguito una laurea in contabilità presso la Loyola University di Chicago e un MBA presso la Harvard Business School.

Jacobs, con un fatturato annuo di 16 miliardi di dollari e una forza lavoro di oltre 60.000 persone, fornisce servizi professionali nei settori della consulenza, tecnica, scientifica e nella consegna di progetti per clienti pubblici e privati.

Jacobs (NYSE:J) ha elegido a Michael Collins para su Junta Directiva, con efecto a partir del 23 de septiembre de 2024. Collins, actualmente socio en Bain & Company, aporta una amplia experiencia en consultoría de gestión global. Su experiencia incluye el desarrollo de estrategias de crecimiento, la evaluación de adquisiciones y desinversiones, y la implementación de cambios organizativos en diferentes sectores.

El CEO Bob Pragada expresó su entusiasmo por el nombramiento de Collins, destacando el valor de sus ideas para la expansión de Jacobs en los servicios de consultoría y asesoría de alta rentabilidad. Collins tiene una licenciatura en contabilidad de la Universidad Loyola de Chicago y un MBA de la Escuela de Negocios de Harvard.

Jacobs, con $16 mil millones en ingresos anuales y una fuerza laboral de más de 60,000 empleados, proporciona servicios profesionales en los sectores de consultoría, técnico, científico y entrega de proyectos para clientes tanto gubernamentales como privados.

Jacobs (NYSE:J)는 Michael Collins를 이사회에 선임하였으며, 이는 2024년 9월 23일부터 효력을 발생합니다. 현재 Bain & Company의 파트너인 Collins는 글로벌 경영 컨설팅 분야에서 광범위한 경험을 가지고 있습니다. 그의 전문성에는 성장 전략 개발, 인수 및 매각 평가, 다양한 산업에서의 조직 변화 시행이 포함됩니다.

CEO Bob Pragada는 Collins의 임명에 대해 열정을 표명하며, Jacobs의 고수익 컨설팅 및 자문 서비스 확장에 대한 그의 통찰력이 중요하다고 강조했습니다. Collins는 시카고의 로욜라 대학교에서 회계 학사를, 하버드 경영대학원에서 MBA를 취득했습니다.

Jacobs는 연간 160억 달러의 수익과 60,000명 이상의 직원을 보유하고 있으며, 정부 및 민간 고객을 위한 컨설팅, 기술, 과학 및 프로젝트 제공 분야에서 전문 서비스를 제공합니다.

Jacobs (NYSE:J) a élu Michael Collins au sein de son Conseil d'Administration, à compter du 23 septembre 2024. Collins, actuellement associé chez Bain & Company, possède une vaste expérience dans le domaine du conseil en management global. Son expertise inclut le développement de stratégies de croissance, l'évaluation des acquisitions et des cessions, ainsi que la mise en œuvre de changements organisationnels dans divers secteurs.

Le PDG Bob Pragada a exprimé son enthousiasme concernant la nomination de Collins, soulignant la valeur de ses idées pour l'expansion de Jacobs dans les services de conseil et d'accompagnement à forte marge. Collins détient un diplôme de premier cycle en comptabilité de l'Université Loyola de Chicago et un MBA de la Harvard Business School.

Jacobs, avec un chiffre d'affaires annuel de 16 milliards de dollars et une main-d'œuvre de plus de 60 000, fournit des services professionnels dans les secteurs du conseil, technique, scientifique et de la livraison de projets pour des clients publics et privés.

Jacobs (NYSE:J) hat Michael Collins in seinen Vorstand berufen, mit Wirkung zum 23. September 2024. Collins, der derzeit Partner bei Bain & Company ist, bringt umfassende Erfahrung in der globalen Unternehmensberatung mit. Sein Fachwissen umfasst die Entwicklung von Wachstumsstrategien, die Bewertung von Akquisitionen und Desinvestitionen sowie die Umsetzung organisatorischer Veränderungen in verschiedenen Branchen.

CEO Bob Pragada äußerte seine Begeisterung über Collins' Ernennung und hob den Wert seiner Einsichten für die Expansion von Jacobs in hochprofitablen Beratungs- und Advisory-Dienstleistungen hervor. Collins hat einen Bachelor-Abschluss in Buchhaltung von der Loyola University in Chicago und einen MBA von der Harvard Business School.

Jacobs, mit einem Jahresumsatz von 16 Milliarden Dollar und einer Belegschaft von über 60.000, bietet professionelle Dienstleistungen in den Bereichen Beratung, Technik, Wissenschaft und Projektlieferung für sowohl öffentliche als auch private Kunden an.

Positive
  • Appointment of Michael Collins brings valuable global management consulting experience to the Board
  • Collins' expertise aligns with Jacobs' focus on expanding high-margin consulting and advisory services
  • The new board member's diverse industry experience could provide strategic insights for growth
Negative
  • None.

Further strengthening advisory and consulting Board acumen

DALLAS, Sept. 6, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today the election of Michael Collins to its Board of Directors, effective September 23, 2024.

Collins is currently a Partner and most recently served as the Chief Operating Officer at global management consulting firm Bain & Company, previously serving as Chief Financial Officer. Since joining Bain in 1992, he has worked with management teams to develop and execute growth strategies, evaluate acquisitions and divestitures, improve capabilities and implement organizational change. He has also assisted clients across numerous industries, including retail, consumer products, telecommunications, automotive and media and entertainment.

Jacobs CEO Bob Pragada said, "We are delighted to have Michael join our Board of Directors. His global management consulting experience will bring invaluable insights and strategic guidance as we continue to grow our higher value, high margin consulting and advisory services. We look forward to his contributions as we continue to expand our global impact and deliver sustainable innovative solutions to our clients."

Collins holds a bachelor's degree in accounting (with high honors) from Loyola University, Chicago, and an MBA from Harvard Business School.

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, InstagramLinkedIn 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

FAQ

When will Michael Collins join Jacobs' Board of Directors?

Michael Collins will join Jacobs' (NYSE:J) Board of Directors effective September 23, 2024.

What is Michael Collins' current position?

Michael Collins is currently a Partner at Bain & Company and most recently served as their Chief Operating Officer.

How might Michael Collins' experience benefit Jacobs (NYSE:J)?

Collins' global management consulting experience is expected to bring valuable insights and strategic guidance to Jacobs, particularly in growing their high-margin consulting and advisory services.

What are Jacobs' (NYSE:J) current annual revenue and employee count?

Jacobs reports approximately $16 billion in annual revenue and a talent force of more than 60,000 employees.

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