KBR, Inc. (NYSE: KBR) has announced the appointment of Lt. General Wendy M. Masiello as Lead Independent Director, effective as of KBR’s 2025 annual meeting of stockholders. Lt. General Masiello, who has been a member of KBR’s Board of Directors since August 2017, brings a wealth of experience, having served as a three-star General of the U.S. Air Force and in various leadership positions within the military.
KBR Chair, General Lester L. Lyles, emphasized that the appointment of Lt. General Masiello reflects the Board's belief in her leadership capabilities and deep understanding of KBR’s strategic vision and operations. Lt. General Masiello expressed her honor at receiving the support of KBR’s Board and her excitement to partner with fellow directors and management as they continue to deliver profitable growth and accelerate shareholder value.
As part of the Board leadership transition, the company has enhanced the duties of the Lead Independent Director, as set forth in the Company’s Corporate Governance Guidelines.
KBR, Inc. employs approximately 38,000 people worldwide, with customers in more than 80 countries and operations in over 29 countries. The company provides science, technology, and engineering solutions to governments and companies globally, delivering technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. The market has reacted to these announcements by moving the company's shares -1.0% to a price of $48.64. Check out the company's full 8-K submission here.
