KBR appoints Rami Qasem to board effective October 1
KBR expects its Mission Technology Solutions business to become an independent public company in January 2027 under the Trinzic name.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
KBR appointed Rami Qasem to its Board of Directors effective October 1, 2026, for a term expiring at the 2027 annual meeting. Qasem has nearly 30 years of international leadership experience across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships, including senior roles at Baker Hughes and General Electric. The Board determined he is an independent, non-employee director and entitled to KBR’s standard director compensation.
KBR’s Mission Technology Solutions business is expected to be spun off as an independent public company in January 2027 and operate under the name Trinzic. The release says Trinzic will launch with more than $5 billion in annual revenue and 18,000 employees.
Insights
Analyzing...
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Qasem's international leadership experience: Nearly 30 years
Director term: 2027 annual meeting
Annual revenue at launch: More than $5 billion
+3 more
6 metrics
Qasem's international leadership experience
Nearly 30 years
Across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships
Director term
2027 annual meeting
Qasem's term expires at KBR's 2027 annual meeting
Annual revenue at launch
More than $5 billion
Trinzic, as described for its launch
Employees at launch
18,000 employees
Trinzic, as described for its launch
Employees
15,000 employees
KBR company description
Countries of operation
More than 40 countries
KBR company description
Key Terms
independent director, non-employee director, spin-off, forward-looking statements
4 terms
independent director regulatory
"is an “independent” director within the meaning of KBR’s Corporate Governance Guidelines"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
non-employee director regulatory
"a “non-employee director” within the meaning of Rule 16b-3"
spin-off financial
"planned spin-off of Trinzic in January 2027"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
forward-looking statements regulatory
"are forward-looking statements within the meaning of the federal securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who did KBR (NYSE: KBR) appoint to its board?
KBR appointed Rami Qasem effective October 1, 2026, for a term expiring at the 2027 annual meeting.
When does KBR (NYSE: KBR) expect to spin off Mission Technology Solutions?
KBR expects the business to be spun off as an independent public company in January 2027 and then operate as Trinzic. The release says Trinzic will launch with more than $5 billion in annual revenue and 18,000 employees.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 28, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | ||||||||||||||
Registrant's telephone number including area code: (713 ) 753-2000
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which listed | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Election of Director.
KBR, Inc. (“KBR”) announced on October 1, 2026, the appointment of Rami Qasem to its Board of Directors (the “Board”) effective on the same day. Mr. Qasem is a global energy, technology, and industrial executive with nearly 30 years of international leadership experience across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships. Mr. Qasem will serve a term expiring at KBR’s 2027 annual meeting of stockholders. As of the date of this Current Report on Form 8-K, the Board has not determined the committees of the Board to which Mr. Qasem will be appointed. KBR will disclose Mr. Qasem’s committee assignments by amendment to this Current Report on Form 8-K once they have been determined.
Mr. Qasem, age 59, served as Chief Executive Officer of APEX Industrial Services from 2025 to February 2026. He also served as Managing Director of Energy Capital Group during that same period. From 2023 to 2025, Mr. Qasem served as Executive Vice President and Chief Commercial Officer of BeyondAI, and during 2023, he also served as Chief Operations Officer of COP28 UAE. Prior to those roles, Mr. Qasem served as Executive Vice President and Chief Executive Officer, Digital Solutions of Baker Hughes from 2017 to 2023. Before then, Mr. Qasem spent 21 years at General Electric, beginning in 1996 and holding increasingly senior leadership positions, culminating as President and Chief Executive Officer, MENA & Turkey from 2002 to 2017, before transitioning to Baker Hughes following the 2017 merger of GE Oil & Gas and Baker Hughes. Mr. Qasem holds a Bachelor of Science degree in Electrical Engineering from Texas A&M University.
There are no related party transactions between KBR and Mr. Qasem that are subject to disclosure under Item 404(a) of Regulation S-K. The Board has determined that Mr. Qasem is an “independent” director within the meaning of KBR’s Corporate Governance Guidelines and pursuant to the independence criteria set forth under the rules and regulations of the New York Stock Exchange and Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and a “non-employee director” within the meaning of Rule 16b-3 of the Exchange Act. As a non-employee director, Mr. Qasem is entitled to receive the standard compensation arrangements for KBR directors described under “Director Compensation” in KBR’s 2026 Proxy Statement as filed with the U.S. Securities and Exchange Commission on March 30, 2026. There are no arrangements or understandings between Mr. Qasem and any other persons, pursuant to which Mr. Qasem was selected as a director.
The full text of the press release announcing Mr. Qasem’s appointment is attached hereto as Exhibit 99.1.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed as part of this report:
| Exhibit No. | Description | |||||||
99.1 | KBR, Inc. press release dated October 1, 2026, titled, “KBR Appoints Rami Qasem to Board of Directors.” | |||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KBR, INC. | ||||||||
| October 1, 2026 | /s/ Sonia Galindo | |||||||
| Sonia Galindo | ||||||||
| Executive Vice President, General Counsel & Corporate Secretary | ||||||||
Exhibit 99.1
KBR Appoints Rami Qasem to Board of Directors
HOUSTON, October 1, 2026 – KBR (NYSE: KBR) announced today the appointment of Rami Qasem to its board of directors effective October 1, 2026.Mr. Qasem, 59, is a global energy, technology, and industrial executive with nearly 30 years of international leadership experience across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships. He served as Chief Executive Officer of APEX Industrial Services from 2025 to February 2026. He also served as Managing Director of Energy Capital Group during that same period. From 2023 to 2025, Mr. Qasem served as Executive Vice President and Chief Commercial Officer of BeyondAI, and during 2023, he also served as Chief Operations Officer of COP28 UAE. Prior to those roles, Mr. Qasem served as Executive Vice President and Chief Executive Officer, Digital Solutions of Baker Hughes from 2017 to 2023. Before then, Mr. Qasem spent 21 years at General Electric, beginning in 1996 and holding increasingly senior leadership positions, culminating as President and Chief Executive Officer, MENA & Turkey from 2002 to 2017, before transitioning to Baker Hughes following the 2017 merger of GE Oil & Gas and Baker Hughes. Mr. Qasem holds a Bachelor of Science degree in Electrical Engineering from Texas A&M University.
“I am delighted to welcome Rami to the KBR Board of Directors,” said KBR board Chair, President and CEO Stuart Bradie. “Rami brings nearly three decades of global leadership experience spanning energy, technology, digital solutions and operational excellence. His broad executive background and forward-looking perspective will be valuable additions to our board as KBR continues advancing differentiated technology solutions and creating long-term value for our stakeholders.”
The appointment further strengthens KBR's governance and leadership as the company progresses toward the planned separation of its Mission Technology Solutions business in January 2027. KBR expects to provide additional separation-related updates in the coming months.
About KBR
KBR is a global, capital-light lifecycle solutions company serving customers in high-complexity industrial, energy and infrastructure markets. Through its advisory, technical, engineering and operating expertise, KBR helps customers shape investments, reduce risk, deploy complex technologies, improve performance and deliver reliable outcomes across the asset lifecycle.
Following the planned separation of the Mission Technology Solutions business, KBR will operate as a focused standalone company with differentiated customer relationships, global execution capabilities and a capital-efficient business model. The company is positioned to benefit from long-term secular growth trends across energy security, energy transition, industrial modernization, and infrastructure investment. KBR's 15,000 employees operate across more than 40 countries.
About Trinzic
KBR’s Mission Technology Solutions business is expected to be spun off as an independent public company in January 2027 and will then operate under the new name Trinzic. The name is inspired by the word intrinsic, reflecting the essential capabilities, deep expertise, speed and trusted performance that have defined the business for decades. Trinzic will enter the market as a global company and partner to customers supporting some of the highest priority missions across national security, human performance, global operations and space. Trinzic will launch with more than $5 billion in annual revenue, established partnerships and contracts, 18,000 employees and a global footprint.
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding future financial performance the planned spin-off of Trinzic, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Rachael Goldwait
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com