ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
On January 26, 2023, Jacobs Solutions Inc. (the "Company") announced that
Claudia Jaramillo will succeed Kevin Berryman as Chief Financial Officer,
effective August 14, 2023, ensuring an effective transition. As of such date,
Mr. Berryman will serve as Special Advisor to the Company's Chief Executive
Officer, Bob Pragada.
Ms. Jaramillo, 50, joined the Company in July 2022 as Executive Vice President,
Strategy and Corporate Development. Prior to that, Jaramillo spent more than 20
years at Schlumberger, a global energy company, where she served in multiple
executive roles in both operations and corporate finance, most recently as Vice
President & Group Treasurer until June 2022.
Ms. Jaramillo participates in the Company's Leadership Performance Plan (the
"Plan"), long-term equity incentive plan, Executive Severance Plan and Executive
Deferral Plan in connection with her current role, and will continue to be
eligible to participate in such plans as Chief Financial Officer. Any changes in
base salary, the incentive target under the Plan and the amount of the annual
equity incentive grant will be determined and approved by the Human Resource and
Compensation Committee of the Company's Board of Directors at a future date.
There are no arrangements or understandings between Ms. Jaramillo and any other
persons pursuant to which she was appointed as an officer of the Company (other
than arrangements or understandings with directors or officers of the Company
acting solely in their capacities as such). There are also no family
relationships between Ms. Jaramillo and any director or executive officer of the
Company, and Ms. Jaramillo is not party to, and does not have, any direct or
indirect material interest in, any transaction requiring disclosure under Item
404(a) of Regulation S-K.
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