KBR Appoints CEO, CFO

KBR (NYSE: KBR ) announced today the appointments of Michael LaRouche as President and Chief Executive Officer-Designate and Nicholas Veasey as Executive Vice President and Chief Financial Officer-Designate of the planned spin-off entity ("SpinCo") of its Mission Technology Solutions (MTS) business. LaRouche will join KBR on September 24, 2026, and Veasey will join on July 1, 2026. The spin-off is expected to be completed on January 4, 2027, at which time LaRouche and Veasey will be President and Chief Executive Officer and Executive Vice President and Chief Financial Officer, respectively, of SpinCo.

SpinCo will launch as a trusted global company supporting critical missions with speed and expertise across national security and space, backed by decades of delivering at-scale operations. "Michael and Nick bring a highly complementary combination of operational leadership, financial expertise and mission-driven experience, and together they will accelerate our impact for stakeholders," said Stuart Bradie, KBR Chair, President and Chief Executive Officer.

"Michael’s reputation for galvanizing performance around a clear strategic vision, combined with Nick’s ability to build disciplined finance organizations, positions SpinCo to perform in demanding, high-stakes environments and achieve long-term success. " LaRouche is a seasoned executive with more than three decades of experience leading multi-billion-dollar businesses and a proven track record across defense, space, cyber, intelligence and government services markets. He currently serves as CEO of Serco North America, a leading government services provider.

Before that, he was a sector President at SAIC, where he achieved sustained high growth by strengthening operational discipline and scaling business development initiatives. LaRouche has also held senior leadership roles at Raytheon and Lockheed Martin, and he has consistently leveraged his background in engineering and systems integration to translate emerging technologies into strategic opportunities for national security priorities. K. and Australia.

LaRouche holds a Bachelor of Science in electrical engineering from the University of Michigan and a Master of Science in electrical and computer engineering from the University of Colorado. "SpinCo is positioned as a top-tier provider of differentiated technology solutions, anchored by deep mission expertise, global scale and a relentless commitment to delivering for our customers," LaRouche said.

" nicholas-veasey for pr Veasey is a military veteran and brings more than two decades of finance, capital markets, mergers and acquisitions (M&A), investor relations and operational leadership experience across the aerospace, defense, government services and public-company sectors. He most recently served as CFO of MAG Aerospace, where he pivoted capital allocation toward growth, strengthened forecasting and enhanced investor communication. Veasey was previously Vice President of Treasury, M&A and Investor Relations at Booz Allen Hamilton, following earlier finance and investment banking roles at Deutsche Bank and The Carlyle Group. S.

Marine Corps officer, serving as a Reconnaissance Platoon Commander during multiple international deployments. S. Naval Academy and holds a Master of Business Administration from Georgetown University’s McDonough School of Business and a Master of Public Policy from Georgetown. "I am excited to join SpinCo as it prepares to become an independent public company with a strong financial foundation and significant long-term opportunity," said Veasey.

" SpinCo will enter the market with more than $5 billion in annual revenue, 20,000 employees and a global footprint, supported by a capital-efficient model, a broad customer base and long-term contracts that generate stable and predictable cash flows. The new company will deliver technology-forward, digital solutions and capabilities across a diverse portfolio. Key areas of expertise include digital integration, AI, mission engineering and rapid prototyping within the most complex, classified and multi-domain environments.

Following the spin-off, KBR shareholders are expected to benefit from ownership in two pure-play, standalone companies with increased agility and distinct, compelling investment profiles. New KBR will continue to be led by Stuart Bradie and will encompass the company’s Sustainable Technology Solutions business. S. federal income tax purposes and remains subject to customary conditions, including regulatory approvals and final approval by KBR’s Board of Directors.