KBR appointed Huibert H. Vigeveno to its board, bringing extensive energy sector experience from Shell.
Quiver AI Summary
KBR has appointed Huibert H. Vigeveno to its board of directors effective August 5, 2025. Vigeveno, 55, brings over 30 years of extensive experience from Shell, where he held various leadership roles, including serving on the executive committee and managing global commercial strategies. His experience encompasses significant expertise in sales, marketing, strategy, and strategic transactions like mergers and acquisitions. Vigeveno will officially leave his position at Shell in September 2025 to pursue new opportunities. KBR’s President and CEO, Stuart Bradie, expressed confidence that Vigeveno's unique insights and extensive experience will greatly benefit KBR as it aims to enhance its reputation in sustainable energy solutions.
Potential Positives
- The appointment of Huibert H. Vigeveno to the board of directors adds significant expertise in the energy and industrial sectors, enhancing KBR's leadership team.
- Mr. Vigeveno's extensive experience, including his roles in strategic transactions and operational leadership at Shell, positions KBR to leverage his insights for growth and innovation in sustainable energy solutions.
- KBR's growth and reputation as a leading provider of sustainable energy solutions may be strengthened by Mr. Vigeveno's contributions and unique perspective from a prominent industry background.
Potential Negatives
- Appointment of Huibert H. Vigeveno may indicate a reliance on outside expertise rather than internal succession, which could raise concerns about the depth of existing management talent.
- The forward-looking statements caution may lead to skepticism regarding the company's future performance and potential vulnerabilities, which could negatively impact investor confidence.
FAQ
Who has been appointed to KBR's board of directors?
Huibert H. Vigeveno has been appointed to KBR's board of directors effective August 5, 2025.
What experience does Huibert H. Vigeveno bring to KBR?
Mr. Vigeveno brings 30 years of experience in the energy and industrial sectors, notably from his time at Shell.
When will Mr. Vigeveno officially leave Shell?
Mr. Vigeveno will officially step down from Shell in September 2025 to pursue other opportunities.
What roles did Vigeveno hold at Shell?
He held various roles, including director of Downstream, Renewables, and Energy Solutions, and executive chairman of Shell China.
How does KBR view Vigeveno's appointment?
KBR's CEO Stuart Bradie stated that Vigeveno's expertise will greatly benefit KBR's growth and sustainability initiatives.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KBR Insider Trading Activity
$KBR insiders have traded $KBR stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $KBR stock by insiders over the last 6 months:
- STUART BRADIE (President and CEO) sold 20,000 shares for an estimated $1,056,246
- GREGORY SEAN CONLON (Chief Digital & Development) sold 19,000 shares for an estimated $961,149
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KBR Hedge Fund Activity
We have seen 200 institutional investors add shares of $KBR stock to their portfolio, and 233 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 1,132,105 shares (-43.9%) from their portfolio in Q1 2025, for an estimated $56,390,150
- BOSTON PARTNERS added 1,081,778 shares (+24.7%) to their portfolio in Q2 2025, for an estimated $51,860,437
- VAN ECK ASSOCIATES CORP added 944,358 shares (+107.1%) to their portfolio in Q1 2025, for an estimated $47,038,471
- CITADEL ADVISORS LLC removed 912,475 shares (-50.0%) from their portfolio in Q1 2025, for an estimated $45,450,379
- NOMURA HOLDINGS INC added 889,322 shares (+5030.1%) to their portfolio in Q1 2025, for an estimated $44,297,128
- BALYASNY ASSET MANAGEMENT L.P. removed 776,959 shares (-62.3%) from their portfolio in Q1 2025, for an estimated $38,700,327
- JENNISON ASSOCIATES LLC removed 741,952 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $36,956,629
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$KBR Analyst Ratings
Wall Street analysts have issued reports on $KBR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 08/01/2025
- Citigroup issued a "Buy" rating on 04/25/2025
- Truist Securities issued a "Buy" rating on 04/14/2025
To track analyst ratings and price targets for $KBR, check out Quiver Quantitative's $KBR forecast page.
$KBR Price Targets
Multiple analysts have issued price targets for $KBR recently. We have seen 6 analysts offer price targets for $KBR in the last 6 months, with a median target of $61.5.
Here are some recent targets:
- Brent Thielman from DA Davidson set a target price of $65.0 on 08/01/2025
- Steven Fisher from UBS set a target price of $54.0 on 07/02/2025
- Jerry Revich from Goldman Sachs set a target price of $55.0 on 05/27/2025
- Sangita Jain from Keybanc set a target price of $63.0 on 05/07/2025
- Andrew Kaplowitz from Citigroup set a target price of $69.0 on 04/25/2025
- Tobey Sommer from Truist Securities set a target price of $60.0 on 04/14/2025
Full Release
HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today the appointment of Huibert H. Vigeveno to its board of directors effective August 5, 2025.
Mr. Vigeveno, 55, brings a wealth of energy and industrial sector expertise to KBR’s board, a result of his 30 years of distinguished service with Shell. Mr. Vigeveno joined Shell in the U.K. in 1995 and gained significant sales, marketing, strategy and general management experience across the enterprise. Mr. Vigeveno also has substantial experience with mergers, acquisitions and similar strategic transactions. From January 2020 to March 2025, he served as a member of Shell plc’s executive committee and as director of Downstream, Renewables and Energy Solutions. From 2017 to 2019, Mr. Vigeveno was executive vice president of Global Commercial. Prior to that role, from 2015 to 2016, he led the integration and served as transition CEO of BG Group in the U.K. following its acquisition by Shell. Other roles include executive chairman of Shell China (2012 to 2015) and vice president of Shell Supply and Distribution in Europe and Africa (2009 to 2012). Mr. Vigeveno will officially step down at Shell in September 2025 to pursue other opportunities. He holds a Master of Business Administration degree from Erasmus University Rotterdam in the Netherlands.
“It is my great pleasure to welcome Huibert to the KBR Board of Directors,” said KBR board Chair, President and CEO Stuart Bradie. “His deep experience at Shell, his wide-ranging expertise, and his unique perspective will be strong additions to our board. We know his contributions will be invaluable as KBR continues to grow its reputation as a leading provider of more sustainable traditional energy and energy transition solutions.”
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
[email protected]
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
[email protected]