B&W Announces Appointment to Its Board of Directors
07 September 2018 - 7:06AM
Business Wire
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW)
announced today that Kenneth Siegel has been appointed to its Board
of Directors. Mr. Siegel is an accomplished business executive with
more than 20 years of experience as a senior leader of major
corporations.
Mr. Siegel’s appointment is effective immediately, and he will
be appointed to one or more Committees of the Board at a later
date.
“Ken is an excellent addition to the B&W Board of Directors,
bringing more than two decades of domestic and international
experience with a number of leading companies, and strong business
and legal acumen,” said Matthew E. Avril, Chairman of the Board.
“We are pleased to have him join our team as we continue moving
forward to strengthen our business and serve the interests of all
stakeholders.”
Mr. Siegel has served as President of Diamond Resorts
International, Inc. since March 2017, and is a member of its Board
of Directors. Prior to that, he was Chief Administrative Officer
and General Counsel of Starwood Hotels & Resorts, where he
played a pivotal role in its emergence as an industry leader prior
to its acquisition by Marriott International, Inc. in 2016.
Previous positions included Senior Vice President and General
Counsel of Cognizant Corporation, a multinational information
services company, and its successor companies. He also has served
as a partner at several law firms, focusing primarily on
technology, hospitality and private equity clients. He holds a
degree in business from Cornell University, a juris doctorate
degree from New York University, and is a member of the New York
Bar.
With the addition of Mr. Siegel, the B&W Board has been
expanded to eight members.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a
global leader in energy and environmental technologies and services
for the power and industrial markets, and has been transforming our
world for 151 years. Follow us on Twitter @BabcockWilcox and learn
more at www.babcock.com.
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704-625-4944Vice President, Corporate Development and Investor
Relationsinvestors@babcock.comorMedia:Ryan Cornell,
330-860-1345Public Relationsrscornell@babcock.com
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