logo
Share SHARE
FONT-SIZE Plus   Neg

Babcock & Wilcox Appoints James Ferland As President, CEO - Quick Facts

The Babcock & Wilcox Co. or B&W (BWC: Quote) said it has named James (Jim) Ferland as President and Chief Executive Officer, effective April 19, 2012. Ferland would succeed Brandon Bethards, who would step down as President and CEO of B&W, also on April 19, 2012. Bethards would retire from the company effective at the company's Annual Meeting of Stockholders, which is slated to be held on May 8, 2012, at which time he would also resign from the board.

To ensure a seamless transition, Bethards would remain an advisor to the company for 12 months following the 2012 Annual Meeting. Ferland has also been named to the B&W board, effective upon becoming President and CEO. Most recently, Ferland served as President of the Americas division at Westinghouse Electric Company, where he led the company's efforts to build customer relationships, develop business plans, capture new markets, and deliver projects and products in North and South America.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Gas explosion in Fresno in California injured 11 people on Friday afternoon. Pacific Gas and Electric Co. (PG&E) said workers who are not affiliated with the company have struck a 12-inch natural gas transmission pipeline and the gas leaked was ignited due to the dig-in. Verizon Communications' FiOS TV service has modified its programming bundles and will now offer new packages so that users can subscribe only for channels they prefer to watch. Instagram, the photo sharing app owned by Facebook, has updated its community guidelines to disallow nudity and harassment in uploaded photos and pictures, as well as cyber bullying.
comments powered by Disqus
RELATED NEWS
Trade BWC now with 
Follow RTT