Former Shell executive Vigeveno joins KBR’s board of directors

HOUSTON - KBR (NYSE:KBR), a $6.4 billion market cap company that has shown strong revenue growth of 12.3% over the last twelve months, announced Thursday the appointment of Huibert H. Vigeveno to its board of directors effective August 5, 2025.

Vigeveno, 55, brings 30 years of energy and industrial sector experience from his career at Shell, where he most recently served as a member of Shell plc’s executive committee and director of Downstream, Renewables and Energy Solutions from January 2020 to March 2025.

The new board member previously held several senior positions at Shell, including executive vice president of Global Commercial (2017-2019), transition CEO of BG Group following its acquisition by Shell (2015-2016), executive chairman of Shell China (2012-2015), and vice president of Shell Supply and Distribution in Europe and Africa (2009-2012).

According to the company’s press release, Vigeveno will officially leave Shell in September 2025. He holds a Master of Business Administration degree from Erasmus University Rotterdam in the Netherlands.

"His deep experience at Shell, his wide-ranging expertise, and his unique perspective will be strong additions to our board," said Stuart Bradie, KBR’s board Chair, President and CEO, in the announcement.

KBR employs approximately 37,000 people worldwide and operates in over 29 countries, providing science, technology and engineering solutions to governments and companies across more than 80 countries. The company has maintained dividend payments for 18 consecutive years and currently offers a 1.3% dividend yield. Get more detailed insights and exclusive analysis with InvestingPro, which offers comprehensive research reports for over 1,400 US stocks, including KBR.

In other recent news, KBR Inc. announced its second-quarter earnings for 2025, revealing a mixed financial performance. The company reported an earnings per share (EPS) of $0.91, slightly exceeding analysts’ expectations of $0.90. However, KBR’s revenue for the quarter was $1.95 billion, which did not meet the anticipated $2.09 billion. Despite the revenue shortfall, the market responded with cautious optimism. These developments come amidst various analyst reviews, although specific upgrades or downgrades were not detailed in the report. Investors are closely watching KBR’s financial results and market reactions. The company’s performance continues to be a point of interest in the investment community.

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