Jacobs Engineering Group Inc. announced at its annual shareholders meeting held on January 19, 2017, that Noel G. Watson will retire from the board effective January 19, 2017. Noel joined the company more than 50 years ago becoming President in 1987, CEO in 1992, and CEO and Chairman of the Board in 2006. He stepped down as Chairman of the Board in July 2016, while remaining as a Director when the company's current CEO, Steve Demetriou, was appointed Chairman of the Board.