Bill Utt’s departure is a signal for all of us. We all know layoffs are coming, there is quite bit of fat that can be trimmed. I think we are spread over too many things and over too many locations: engineering, construction, energy, hydrocarbon, government, chemicals, minerals, infrastructure, power, you name it – we have fingers in it. It’s very hard to manage this and control resources – it’s simply TOO MUCH!!! We need to take a step back, reassess where we want to go, etc.
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No wonder KBR is now run like a dead WorleyParsons. Not looking good...
Bradie could not beat Wood to CEO of WorleyParsons job, and Wood is deadwood - says it all really.
He is better than Stuart Brodie for sure.
Some more stories about Bill Utt please...
Back the horse named self-interest.
And the Directors on the Board have done nothing to address the apparent disconnectedness and messages.
The shareholders should revolt.