“Global connections across industries and market sectors are transforming the development and execution of critical infrastructure projects,” said Steve Edwards, Chairman and CEO of Black & Veatch. “Sanjay brings a wealth of experience in leading complex strategic initiatives including the alignment of companies and operating units to better service evolving client needs. On behalf of the Board, and our employee shareholders, we welcome him and appreciate the key role he will play in shaping Black & Veatch’s future.” As Executive Vice President and CFO of Spirit AeroSystems, Kapoor provides leadership for all financial functions of the corporation including treasury, taxation, investor relations and more. “Black & Veatch’s reputation as a highly respected, global innovator is driven by its unique commitment to its vision and values, and a long-term plan for success,” said Kapoor. “Each day, the work of its professionals transforms lives around the world in countless ways, and new opportunities are emerging to leverage technology and their expertise to benefit clients and the communities in which we live and work. I look forward to helping Black & Veatch plan for its future while continuing to deliver excellence today.” Prior to joining Spirit AeroSystems, Kapoor’s experience includes more than two decades with industry-leading defense and aviation sector companies Raytheon (2004-2013) and United Technologies (1990-2004). At Raytheon, he led the Integrated Air and Missile Defense Systems including the Patriot and Hawk programs. During his final three years at Raytheon, he oversaw all business execution activities, doubling revenue over the period. Earlier he served as the Division’s Chief Financial Officer, providing leadership to more than 650 finance professionals across the United States, Germany, Australia and the Middle East. Editor's Notes: Kapoor received a Bachelor of Technology from the Indian Institute of Technology and a Masters in Business Administration from The Wharton School, University of Pennsylvania. Please click here to download a high-resolution photograph of Sanjay Kapoor. Media Contact Information: PATRICK MACELROY | +1 646-779-8354 P | +1 516-477-0914 M | email@example.com-HOUR MEDIA HOTLINE | +1 866-496-9149 0 About Black & Veatch Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2018 were US$3.5 billion. Follow us on www.bv.com and in social media. Related Insights Engineer 2.0: An idea whose time has come The Artificial Intelligence (AI) genie is not going back into the bottle; leaving the world to contemplate how best to manage this most potent, yet controversial, tool. The water sector’s response has many parallels with reactions to AI more broadly: we are certain AI has benefits, are less sure about how to realise them, and wary of unintended consequences. Wholesale Markets: Decentralization Abounds, More Customer Focus Needed Utilities traditionally have followed load, investing in assets when demand required it. Today’s wholesale markets are starting to push them in a different direction. Instead of load, utilities are being forced to follow their customers, and load doesn’t always come along with them. That’s leading to a wholesale market that’s becoming as decentralized and disaggregated as generation itself. The Business of Electricity: Will Distribution Markets Dominate? Imagine customers, third parties and perhaps even utilities participating in a market in which their investments in renewable energy and other forms of DERs could be monetized. The uptake of clean energy would dramatically accelerate, creating new opportunities for innovation and an open, inclusive energy economy. Energy as a Service: Power Without the ‘Plant’ When ride-hailing companies such as Uber and Lyft began disrupting the taxi business a decade ago, taxi operators scoffed and said consumers weren’t ready for such a radical approach to their entrenched business model. Finding the Right Power Generation Mix As ratepayers continue to seek more renewable energy integration, the electric industry is struggling to create the optimal mix of fuels that will economically meet sustainability goals. Boosted by a slew of factors – including decreasing costs, advancing technologies, new carbon-reduction policies, consumer pressure and regulatory support – renewables show no sign of slowing down. But their ability to provide reliable, consistent baseload power remains firmly in doubt because of the inherent intermittency of wind and solar photovoltaic.