Westinghouse: more changes at the top

5 April 2012

Jim Ferland, who was to become president and chief executive officer of Westinghouse, has resigned and is to take up the same position at Babcock & Wilcox from 19 April.

Westinghouse said in a statement that chairman of the Board Shigenori Shiga would assume the role of president and CEO on an interim basis, effective 4 April. Current chief operating officer Ricardo (Ric) Perez will maintain his current duties and assist Mr. Shiga during the search for a new president and CEO.

Ferland will succeed Brandon C. Bethards, 64, who will step down as president and chief executive officer of B&W, also on 19 April.

Commenting on his new appointment Ferland said: “I am honored to have been named the next president and chief executive officer of B&W, a Company with a long and proud history of innovation, leadership and project execution. With a portfolio spanning renewable energy, clean coal, nuclear power and national security capabilities, B&W is a leader with differentiated services that distinguish it from its peers.”

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