Jacobs appoints Michael Collins to Board; CEO Pragada becomes Chair upon spin-off close
JACOBS SOLUTIONS INC.
Michael Collins, former Bain & Company COO/CFO, elected to Board effective Sept 23, 2024; receives $125K cash retainer + $190K RSUs prorated.
CEO Bob Pragada appointed Chair of Board and Louis Pinkham named Lead Independent Director, both effective at close of CMS/Cyber & Intelligence spin-off with Amentum.
Committee changes: Collins and Vice Admiral Jackson join Audit; McNamara chairs Nominating; Collins and Sloat join Compensation; Sloat chairs ESG & Risk.
Collins determined independent under NYSE standards and qualifies as audit committee financial expert.
On September 3, 2024, the Board of Directors (the “Board”) of Jacobs Solutions Inc. (the “Company”) increased the size of the Board from 13 to 14 authorized directors and elected Michael W. Collins to fill the vacancy, effective as of September 23, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Michael W. Collins was elected as Director at JACOBS SOLUTIONS INC..
Action
elected
Role
Director
Exact text from the filing
On September 3, 2024, the Board of Directors (the “Board”) of Jacobs Solutions Inc. (the “Company”) increased the size of the Board from 13 to 14 authorized directors and elected Michael W. Collins to fill the vacancy, effective as of September 23, 2024.
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