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. Pirates acquire infielder from Indians, designate Axford, Gomez for assignment
  2. Linebacker Harrison coming along slowly since return to Steelers
  3. Komen acceptance of drilling-linked money raises ire
  4. Jack Bruce, bassist of 60s band Cream, dies at 71
  5. Penguins look to buck shots, goals trend
  6. Flight 93 memorial fire hints at struggle to safeguard historic artifacts
  7. Cafeteria worker tried to stop Washington school shooter
  8. Steelers notebook: Shazier returns just in time
  9. Ferrante trial: Cyanide order form in plain sight
  10. Fábregas: Cancer-stricken California woman chooses to plan her death
  11. Lower Burrell man, awaiting trial, jailed for shoplifting
Subscribe today! Click here for our subscription offers.