TribLIVE

| Business


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

Michael Baker hires Korn/Ferry for CEO search

Email Newsletters

Click here to sign up for one of our email newsletters.

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.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Stories

  1. Pirates pound Padres for 7th consecutive victory
  2. Proposed Mt. Pleasant budget plan includes deficit, tax hike
  3. Connellsville students bringing Civil War to life
  4. Steelers’ defense unfazed by noise, believes in potential
  5. Former soccer coach to stand trial in Monongahela
  6. 24 teachers put on New Kensington-Arnold School District furlough list
  7. New Kensington shooting victim’s condition improves
  8. Google adds HBO access, mobile payment to next version of Android
  9. PennDOT vows help for Charleroi
  10. Properties for sale in Monessen
  11. Avago Technologies to pay $37 billion for chipmaker rival Broadcom