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Change of chief exec at CB&I

Long-time leader of Texas-based contractor Philip Asherman heads to retirement from July

US contractor CB&I is getting a change of management as the top as current chief executive Philip Asherman heads for retirement.

The long-time boss of the Woodlands, Texas-based company, and its current president, is being replaced by current chief operating officer Patrick Mullen.

Sixty-six-year-old Asherman, who has helmed the contractor for a dozen years, will step down from 1 July.

Mullen, 52, has only been chief operating officer since September last year, but he joined CB&I in 2007 through the acquisition of Lummus Global.

"It has been a great honor to lead CB&I for almost 12 years, and I am proud of the many significant accomplishments the company and our employees have made in that time," Asherman said.

"Pat [Mullen] has demonstrated tremendous leadership capabilities and has been an active executive partner in maintaining CB&I's standards with our employees and our global energy customers. His technical and business credentials plus over 25 years of industry experience make him the right executive to lead CB&I into the future.

“I'm confident Pat will bring a fresh perspective on technology and innovation that will drive the company to even greater achievements."