Changes at the top in Westinghouse and Babcock & Wilcox

The managerial merry go round sees changes at the top in both Westinghouse and Babcock & Wilcox.

Jim Ferland, who was to become president and chief executive officer of Westinghouse, has resigned and is to take up the same position at Babcock & Wilcox from 19 April.

Westinghouse said in a statement that chairman of the Board Shigenori Shiga would assume the role of president and CEO on an interim basis, effective on the 4th of April.

Current chief operating officer Ricardo (Ric) Perez will maintain his current duties and assist Mr. Shiga during the search for a new president and CEO.

Ferland will succeed Brandon C. Bethards, 64, who will step down as president and chief executive officer of B&W, also on 19 April.

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