CB&I Names Jeffrey J. Lyash as President of Power

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Jul 15, 2013, 08:00 ET

THE WOODLANDS, Texas, July 15, 2013 /PRNewswire/ -- CB&I (NYSE: CBI) today announced its supervisory board of directors has approved the appointment of Jeffrey J. Lyash as President of the Power business unit. Located in Charlotte, N.C., Mr. Lyash will oversee CB&I's comprehensive EPC projects execution and technical services offering to the fossil and nuclear industries. He will report to Lasse Petterson, CB&I's Chief Operating Officer and Executive Vice President, Engineering, Construction and Maintenance operating group.

Mr. Lyash's appointment reflects the importance of CB&I's strategic course to deliver exceptional customer service and achieve operational excellence that will drive growth in CB&I's Power business.

With more than 30 years' experience in the power industry and a career that spans both the private and public sectors, Mr. Lyash has worked for Pennsylvania Power & Light, Tennessee Valley Authority, the U.S. Nuclear Regulatory Commission and most recently Duke Energy, where he served as Executive Vice President of Energy Supply.

Mr. Lyash holds a bachelor's degree in mechanical engineering from Drexel University and graduated from Duke University's Advanced Management Program and the U.S. Office of Personnel Management's Senior Leadership Development Program.

"Jeff's experience and track record across all types of power generation make him ideally suited for his role as President of the Power business unit," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "I'm confident that under Jeff's strong leadership, CB&I's Power business will continue expanding its global footprint and delivering safe and efficient energy solutions to our customers around the world."

About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. Drawing upon more than a century of experience and the expertise of approximately 50,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

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SOURCE CB&I