KBR Appoints Lead Independent Director

Core Points - KBR, Inc. has elected Lt. General Wendy M. Masiello as Lead Independent Director, effective from the 2025 annual meeting of stockholders in May 2025 [1] - Lt. General Masiello has been on KBR's Board since August 2017 and has served in various capacities, including Chair of the Cybersecurity Committee [2][3] - KBR's Chair, General Lester L. Lyles, emphasized the Board's confidence in Masiello's leadership and operational experience [3] Company Overview - KBR delivers science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [6] - The company focuses on providing technology, value-added services, and long-term operations and maintenance services [6] Lt. General Wendy M. Masiello's Background - Masiello is a retired three-star General of the U.S. Air Force with extensive experience in defense contracting, managing a $1.4 billion budget and overseeing 20,000 contractors [4] - She has held significant roles in shaping Air Force contracting policy and led a$65 billion Service Acquisition portfolio [4] - Masiello has received numerous awards, including the Defense Superior Service Medal and the Distinguished Service Medal [4] Additional Roles and Contributions - Masiello serves on the boards of several organizations, including StandardAero and EURPAC Service, Inc., and is involved in various committees [5] - She advises the Department of Defense and the U.S. Air Force on acquisition innovation and research [5]