KBR's Stuart Bradie Named to "CEOs Who 'Get It'" List by National Safety Council

PRNewswire 14-Feb-2019 5:52 AM

HOUSTON, Feb. 14, 2019 /PRNewswire/ -- KBR, Inc. (NYSE:KBR) announced today that its President and CEO, Stuart Bradie, was named to the prestigious 2019 list of "CEOs Who 'Get It'" by the National Safety Council.

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In his 4 1/2 years as CEO, Bradie has introduced, built and cultivated a pervasive Zero Harm culture at KBR where every employee believes that zero incidents is achievable and works toward that goal every day. The Zero Harm mentality is all encompassing with employees accepting responsibility for Zero Harm to themselves, their colleagues, the environment as well as their homes and families.

Since the introduction of Zero Harm, KBR's Total Recordable Incident Rate has dropped by a best-in-class 54% while the number of Zero Harm days per year and safety related leading indicator activities have increased dramatically. Each day KBR employees and contractors collectively work about 500,000 hours, many of them in harsh and dangerous environments. In 2018, they achieved Zero Harm a best-in-class 82% of their days.

"I am extremely proud to be included on this list, representing the more than 34,000 KBR professionals who earned this accomplishment," Bradie said. "Every day they approach their jobs and their lives with the safety of themselves and those around them foremost in their minds and I could not be more proud of them."

Bradie was one of eight CEOs from national and international organizations to receive the annual recognition presented to leaders who go above and beyond to protect employees both on and off the job. The National Safety Council recognizes honorees that have built a safety strategy using four key components: leadership and employee engagement, safety management solutions, risk reduction and performance measurement.

"These leaders understand that safety is the cornerstone of every world-class business," said Nick Smith, interim president and CEO of the National Safety Council. "They have set a standard for their peers and colleagues, and we are proud to recognize their efforts."

A Q&A with Bradie is featured in the February 2019 issue of Safety+Health magazine.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
  • Hydrocarbons Services, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com.

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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