TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Michael Baker hires Korn/Ferry for CEO search

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

BKR $25.77 +$0.33

at close on TUESDAY

Daily Photo Galleries

By Thomas Olson
Tuesday, Jan. 29, 2013, 12:56 p.m.
 

Michael Baker Corp. said it hired high-powered executive search firm Korn/Ferry International to help its board of directors select a new chief executive.

The engineering/construction company in Moon has been without a permanent CEO since the board removed Bradley Mallory in mid-December. Mallory once served as PennDOT secretary.

Baker, which is being run by its chief financial and chief legal officers, named an independent directors committee in early January to weigh strategic options. The effort follows stockholder pressure to maximize share value, including through a merger.

Engaging Korn/Ferry is “an important step” to finding a new CEO, said a statement from director Robert Bontempo, who becomes chairman on Thursday, succeeding Richard Shaw, who is retiring.

 

 
 


Show commenting policy

Most-Read Stories

  1. Tomlin: Possible Steelers midseason surge won’t come easy vs. Colts
  2. 7 in custody after New Kensington drug raid
  3. Rossi: Steelers’ season all about going big
  4. Hundreds mourn Pittsburgh trash collector killed by gunfire
  5. Rookie Bryant sparks deep passing game for Steelers in victory
  6. North Catholic High School principal steps down
  7. Leon Ford appeals traffic violation conviction to Superior Court
  8. 5 selected thus far for jury in Ferrante trial
  9. Turnpike accident kills 1
  10. Military commissary opening draws 400 visitors
  11. Steelers use 3 late first-half TDs to stun Texans
Subscribe today! Click here for our subscription offers.