Babcock & Wilcox Enterprises, Inc. announced that it has appointed Leslie C. Kass as President and Chief Executive Officer, effective immediately. E. James (Jim) Ferland will assist with the transition and serve as Executive Chairman of the Board until June 30, 2018, after which he is expected to step down from the Board. Ms. Kass has also been elected to the company's Board of Directors, effective immediately.

The company currently anticipates that the roles of Chairman and Chief Executive Officer will continue to be separated, although the Board may review the matter from time to time based on then-current circumstances. Ms. Kass has served as Senior Vice President, Industrial of the company since May 2017.