Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Election of Director. KBR, Inc. (“KBR”) announced on October 1, 2026, the appointment of Rami Qasem to its Board of Directors (the “Board”) effective on the same day. Mr.…
Filed Oct 1, 2026Accepted Oct 1, 2026, 5:04 PM EDTCIK 1357615Accession 0001357615-26-000177
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Item 5.02Item 5.02 - Departure/Election of Directors
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Election of Director.
KBR, Inc. (“KBR”) announced on October 1, 2026, the appointment of Rami Qasem to its Board of Directors (the “Board”) effective on the same day. Mr. Qasem is a global energy, technology, and industrial executive with nearly 30 years of international leadership experience across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships. Mr. Qasem will serve a term expiring at KBR’s 2027 annual meeting of stockholders. As of the date of this Current Report on Form 8-K, the Board has not determined the committees of the Board to which Mr. Qasem will be appointed. KBR will disclose Mr. Qasem’s committee assignments by amendment to this Current Report on Form 8-K once they have been determined.
Mr. Qasem, age 59, served as Chief Executive Officer of APEX Industrial Services from 2025 to February 2026. He also served as Managing Director of Energy Capital Group during that same period. From 2023 to 2025, Mr. Qasem served as Executive Vice President and Chief Commercial Officer of BeyondAI, and during 2023, he also served as Chief Operations Officer of COP28 UAE. Prior to those roles, Mr. Qasem served as Executive Vice President and Chief Executive Officer, Digital Solutions of Baker Hughes from 2017 to 2023. Before then, Mr. Qasem spent 21 years at General Electric, beginning in 1996 and holding increasingly senior leadership positions, culminating as President and Chief Executive Officer, MENA & Turkey from 2002 to 2017, before transitioning to Baker Hughes following the 2017 merger of GE Oil & Gas and Baker Hughes. Mr. Qasem holds a Bachelor of Science degree in Electrical Engineering from Texas A&M University.
There are no related party transactions between KBR and Mr. Qasem that are subject to disclosure under Item 404(a) of Regulation S-K. The Board has determined that Mr. Qasem is an “independent” director within the meaning of KBR’s Corporate Governance Guidelines and pursuant to the independence criteria set forth under the rules and regulations of the New York Stock Exchange and Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and a “non-employee director” within the meaning of Rule 16b-3 of the Exchange Act. As a non-employee director, Mr. Qasem is entitled to receive the standard compensation arrangements for KBR directors described under “Director Compensation” in KBR’s 2026 Proxy Statement as filed with the U.S. Securities and Exchange Commission on March 30, 2026. There are no arrangements or understandings between Mr. Qasem and any other persons, pursuant to which Mr. Qasem was selected as a director.
The full text of the press release announcing Mr. Qasem’s appointment is attached hereto as Exhibit 99.1.