CB&I names replacement for retiring president, CEO

Chicago Bridge & Iron (CB&I) named Patrick Mullen as president and CEO following the retirement of Philip Asherman from his 12 years in the role of president, CEO and a member of the company’s board. 

The retirement and the new appointment is effective July 1, 2017, CB&I said in its statement, adding that Mullen will stand for election to the company’s board in May 2018.

Asherman, 66, is credited for transforming CB&I from a specialty tank subcontractor to a global technology and energy infrastructure corporation, the statement reads.

Mullen, 52, was named COO of CB&I in 2016 after serving as executive vice president and president of CB&I’s engineering & construction operating group, where he was responsible for all engineering and construction for CB&I’s worldwide operations.

He joined CB&I in 2007 through the company’s acquisition of Lummus Global and has worked in operational and commercial leadership roles throughout the company with global responsibility for corporate strategy, as well as serving as a key interface with CB&I’s shareholders.

Mullen currently serves on Vectren Corporation’s board of directors.