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You are at:Home » Jacobs CFO resigns after 8 months on the job
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Jacobs CFO resigns after 8 months on the job

Machinery AsiaBy Machinery AsiaApril 3, 2024No Comments2 Mins Read
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Less than a year after taking on the role of CFO of Jacobs Solutions, Claudia Jaramillo has he abandoned his position to pursue other opportunities, according to a company press release.

Just eight months ago, Jaramillo thanked CEO Bob Pragada and then outgoing CFO Kevin Berryman when he took over as CFO of the S&P 500 company.

Claudia Jaramillo

Claudia Jaramillo

Courtesy of Jacobs Solutions

On Monday, he posted a farewell message on his LinkedIn page that read, “On March 29, I relinquished the role of CFO,” without further explanation. He did not immediately respond to questions about why he left or where he is headed.

In the company’s statement, Pragada said, “On behalf of Jacobs, we appreciate Claudia’s work over the past two years and wish her the best in her future endeavors.”

Now Berryman, who previously served as Jacobs’ president and chief financial officer, has been reappointed as interim chief financial officer. Since stepping down as CFO last August, Berryman has been a special advisor to Pragada.

CFO Kevin Berryman, Jacobs

Kevin Berryman

Courtesy of Jacobs Solutions

“Serving as CFO of Jacobs was one of the most rewarding roles of my career,” Berryman said in the statement. “I look forward to working closely with Bob and the Jacobs team once again as interim CFO.”

Berryman initially joined Jacobs as executive vice president and CFO in 2014. He was named president and CFO in November 2019, serving in that role until last August.

In the company’s statement, Pragada said Berryman had been providing strategic and collaborative leadership in overseeing the company separation of its Mission Critical Solutions and Cyber ​​and Intelligence businesses.

“As we build on the strong momentum across the company and execute on our strategy to create a more streamlined, higher-growth, higher-margin portfolio, I am pleased to take [Berryman’s] continued support and expertise as interim CFO,” Pragada said in the statement.

Jacobs appointed Jaramillo to succeed Berryman last August as CFO, citing her proven track record of driving continuous operational improvement and disciplined capital allocation through complex business cycles.

Jacobs has already begun a search for a permanent chief financial officer with the help of an executive search firm, according to the statement.

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