New Chief Executive for Jacobs

By Andy Brown20 September 2022

Steve Demetriou and Bob Pragada. Image courtesy of Jacobs.

US-based engineering and construction firm Jacobs has announced that current president and chief operating officer Bob Pragada will succeed Steve Demetriou as chief executive.

The changes will be made on the 24 January 2023, the date of Jacobs’ annual shareholder meeting.

Pragada joined Jacobs in 2006 and held senior management positions over nine years. He returned to Jacobs in 2016, working as president of its buildings and infrastructure, and global industrial businesses. In 2019 Pragada was appointed as Jacobs’ president and chief operations officer.

“It is an exciting time for Jacobs. We have just launched our bold new strategy and are at the forefront of our industry – anticipating the global trends most important to our clients and developing differentiated, data-enabled solutions that meet their needs,” said Pragada.

“I am honoured to take on the role of chief executive early next year and advance the exciting work under way to further diversify our capabilities and offerings, increasing opportunities and value for our people, our clients and our shareholders.”

Demetriou will continue his role as executive chair for a minimum of two years, as well as being a board member of subsidiary PA Consulting. “It has been the highlight of my career to lead Jacobs over these past seven years and work with our outstanding people to transform Jacobs’ portfolio, advance our culture and position the company for even higher levels of growth and success,” said Demetriou.

“With a strong foundation and clear trajectory in place, now is the right time to implement our succession plan.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Construction Europe Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
More News from Construction Europe
CE Barometer for August
Positive outlook remains, despite many current challenges in construction
Shell selects contractor for Europe’s largest hydrogen plant
Yokogawa Electric Corporation chosen to optimise operations at the plant
Collapsed bridge demolition enters new phase
Spanish authorities begin dismantling the piles of the O Castro viaduct
CONNECT WITH THE TEAM
Mike Hayes Editor, Construction Europe Tel: +44 (0)1892 786 231 E-mail: mike.hayes@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA