March 17, 2014

URS MAKES SENIOR-LEVEL MANAGEMENT MOVES

By ExchangeMonitor

URS announced earlier this week a set of senior-level management moves that has resulted in Chief Operating Officer Bill Lingard also assuming the role of President from Chairman and CEO Martin Koffel, effective immediately. Each of URS’ four divisions—Federal Services; Infrastructure & Environment; Energy & Construction; and Oil & Gas will now report directly to Lingard, who will continue to report to Koffel, according to a URS press release. “Bill is an exceptional leader, with a proven track record of delivering growth and value for investors, building client relationships and leading a highly successful, multifaceted engineering and construction company. As a professional engineer and the former President and CEO of a major, public engineering and construction company in Flint Energy Services, Bill is ideally suited for the additional responsibilities he will undertake as URS’ President. Bill will continue to work closely with the leadership team to achieve the Company’s operational and strategic goals,” Koffel said in the release.

In addition, George Nash has been named President of URS’ Energy & Construction division, effective Jan. 1, according to the URS release. Nash, who currently serves as Chief Operating Officer of the Energy & Construction Division, will replace Robert Zaist, who has been named Vice President for Corporate Initiatives. Nash’s previous positions have included General Manager of the Power Business Group; Executive Vice President of Operations for the Power Sector of URS Energy & Construction; and Executive Vice President of Business Development for the Power Group. “George is a talented executive with significant industry expertise and leadership skills, and we are pleased that he will be leading our Energy & Construction business beginning next year. We thank Bob for his exceptional service to URS as President of the division, and we look forward to his continued contributions to the Company in his new role,” Koffel said.

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