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KBR separates from Halliburton and appoints new board members

U.S.-based contractor KBR announced its separation from Halliburton. KBR has been a subsidiary of the oil services company for the past 44 years. KBR also announced the appointment of two new independent directors to fill two vacancies created by the resignation of the Halliburton executive officers who had been serving on the KBR Board prior to the separation. The newly appointed directors are Mr. John R. Huff, Chairman of Oceaneering International, Inc. and Chairman and CEO of Huff International, and Mr. Loren K. Carroll, former President and CEO of M-I SWACO and former Executive Vice President of Smith International, Inc. With the addition of Huff and Carroll, KBR's board is comprised of entirely independent directors, with the exception of William P. Utt, KBR President and Chief Executive Officer.



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