SOURCE: Parsons

Parsons

January 11, 2011 13:04 ET

Fulcher Joins Parsons as Vice President of Mergers & Acquisitions

PASADENA, CA--(Marketwire - January 11, 2011) - Parsons is pleased to announce that Ray A. Fulcher has joined the firm as Vice President of Mergers & Acquisitions (M&A). In this role working within Parsons' Corporate Strategy and Development Department, Mr. Fulcher will be responsible for assisting in the development of Parsons' overall corporate growth strategy, identifying and evaluating strategic initiatives, managing and executing M&As, and evaluating and pricing business opportunities.

Mr. Fulcher has 30 years of experience in positions of increasing responsibility working for Fortune 500, nonprofit, and public service organizations. Prior to joining Parsons, he worked for a leading global security company as the Corporate Director, Mergers & Acquisitions Integration. There, he was responsible for the corporatewide integration process for acquired business entities, the business management role in the Hart-Scott-Rodino review and approval process, and the administration of all post-closing activities, including transition service agreements, liabilities, escrows, and disputes and claims.

"Ray is a great asset to our company as we continue promoting our strategic objectives and core values," said Jim Shappell, Parsons Group Executive, Development/Strategy. "He has a proven track record in mergers and acquisitions, business integration, strategic planning, capital planning, budget management, and financial analysis."

Mr. Fulcher holds a bachelor's degree in applied mathematics and a master's degree in statistics from the University of California, Los Angeles (UCLA). He also completed the Executive Program in Management at the UCLA Anderson School of Management. He will be based in Parsons' Pasadena, California, corporate headquarters.

Parsons, celebrating more than 65 years of growth in the engineering and construction industry, is a leader in many diversified markets with a focus on infrastructure, environmental, and defense/security. Parsons delivers design/design-build, program and construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide, as well as federal, regional, and local government agencies. For more about Parsons, please visit www.parsons.com.