URS Corporation (NYSE:URS) today announced that W.J. (Bill) Lingard, the Company’s Chief Operating Officer, has been named to the additional position of President, effective immediately. Mr. Lingard will continue to report to Martin M. Koffel, URS’ Chairman and Chief Executive Officer, who previously also held the position of President.
With Mr. Lingard’s appointment as President, each of URS’ four divisions – Federal Services, Infrastructure & Environment, Energy & Construction, and Oil & Gas – will report to him directly.
Mr. Koffel said: “I am pleased to announce Bill’s new appointment as President, which was approved by the URS Board of Directors. 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.”
Mr. Lingard said: “I am proud to accept this appointment and look forward to working with URS’ outstanding management team to deliver for clients and investors. Since being named COO earlier this year, I have gained a deep appreciation of the attractive long-term growth opportunities across URS’ diversified mix of markets and the breadth of talent and expertise we have to capture them. Our focus remains on achieving operational excellence in everything we do and generating consistent revenue and EPS growth – and exceptionally strong cash flow – for our stockholders.”Mr. Lingard was named Chief Operating Officer of URS in May 2013. He was President and Chief Executive Officer of Flint Energy Services Ltd. from January 2005 until it was acquired by URS in May 2012, and served as President of URS’ Oil & Gas division until he was named COO of URS. He began his career in 1982 at Halliburton's Otis Engineering division, and spent the next 18 years in a number of increasingly senior positions. In January 2000, he joined Bonus Well Servicing, a subsidiary of Enserco Energy Service Company Inc., as Vice President, Operations, and became Chief Operating Officer of Enserco in 2000. Following Enserco’s sale to Nabors in April 2002, he became President of Nabors Drilling Ltd. and Chief Operating Officer of Nabors Canada LP. Mr. Lingard received a Bachelor of Engineering degree from Memorial University in St. John’s, Newfoundland in 1982. He is a registered Professional Engineer.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV