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) 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
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
RELATED NEWS
Trade BWC now with 
Follow RTT