Jacobs names new CEO

Jacobs Engineering has appointed Steven J. Demetriou president & CEO. Currently CEO of aluminium products producer Aleris, he will take up the new role on August 17.

The role of CEO at Jacobs has been taken on an interim basis by executive chairman Noel Watson, following the retirement of former president & CEO Craig Martin in December 2014. Mr. Watson will return to his non-executive Chairman role when Mr. Demetriou joins the company.

Commenting on the appointment, Mr Watson said, “Mr. Demetriou is known for his passionate, hands-on leadership style, his strong customer relationships and his focus on operational excellence. We are delighted to welcome a leader of Steve’s calibre to build on the strong, global foundation we have put in place and lead our company forward. Steve has a proven track record for driving growth and creating shareholder value, as well as a clear appreciation of our values and culture.”

Mr Demetriou added, “It is an honour to be selected as the next Jacobs CEO. I am very excited about the opportunity to lead a company with such an enviable global talent base and a strong reputation as one of the world’s largest and most diverse providers of technical professional and construction services.”