Babcock & Wilcox Enterprises, Inc. Announces Transition of Industrial Steam Generation Group from the Power Segment to the Industrial Segment; Names Leslie Kass as Senior Vice President, Industrial
May 23, 2017 at 07:30 am
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Babcock & Wilcox Enterprises, Inc. announced that effective July 1, 2017, its Industrial Steam Generation group will transition from the Power segment to the Industrial segment. After July 1, 2017, the Industrial segment will include the company's B&W MEGTEC subsidiary based in DePere, Wis., its B&W SPIG subsidiary based in Arona, Italy, its B&W Universal subsidiary based in Stoughton, Wis., and the Industrial Steam Generation group, which will continue to be based in Barberton, Ohio.
In addition, effective immediately, Leslie Kass has been named Senior Vice President, Industrial, to lead the segment. Kass has extensive engineering, operational and site-level leadership experience with a number of utilities, along with a strong background and acumen in working with the financial community, shareholders and potential investors in both the utility and government sectors.
Babcock & Wilcox Enterprises, Inc. is a provider of renewable, environmental and thermal technologies for industrial, electrical utility, municipal and other customers. The Company operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.
Babcock & Wilcox Enterprises, Inc. Announces Transition of Industrial Steam Generation Group from the Power Segment to the Industrial Segment; Names Leslie Kass as Senior Vice President, Industrial