The Shaw Group Inc.
NYSE : SGR

The Shaw Group Inc.

October 27, 2005 10:35 ET

Shaw Announces Brockie Hall as Vice President, Strategic Resources

BATON ROUGE, La.--(CCNMatthews - Oct 27, 2005) -

The Shaw Group Inc. (NYSE: SGR) today announced that Brockie Hall has been named Vice President, Strategic Resources. In this newly created role, Mr. Hall will focus on recruiting executives, senior managers and senior project personnel globally and across all of Shaw's business lines. Mr. Hall will focus on identifying Shaw's resource needs, sourcing and recruiting the highest level of industry talent to successfully execute the company's current and anticipated portfolio of work in the energy, chemicals, environmental and infrastructure markets. He will report directly to Tim Barfield, President and Chief Operating Officer of Shaw.

J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw, said, "Over the past year and a half, Shaw has focused on capturing strategic domestic and global opportunities. The recent announcements of our SHARQ, Cleco and PPL projects are examples of our success and we expect this increase in activity to continue internationally. We are now working to expand our outstanding team of engineering and construction professionals to successfully target opportunities and execute projects. Mr. Hall will play a key role in reaching this corporate goal. He has extensive experience in recruiting industry experts and in building solid organizations with the right blend of senior managers and developing personnel."

Tim Barfield, President and Chief Operating Officer of Shaw, added, "We are very pleased to have Mr. Hall as a member of our corporate strategy team. With his broad experience in the engineering and construction arena, he has built a tremendous network of contacts throughout the industry and on a global scale. His expertise and ability to recruit key players will allow us to continue as a leader in developing innovative ideas and providing powerful solutions to all of the markets we serve."

Mr. Hall has extensive experience in the engineering and construction industry. Previously, he worked for Bechtel for six years where he directed the company's global recruitment efforts for senior-level engineering and construction professionals. Before joining Bechtel, Mr. Hall worked for nearly thirty years for Stone & Webster prior to Shaw's acquisition of the Company in 2000. In this role, Mr. Hall was instrumental in recruiting some of the industry's brightest and most respected engineering and construction personnel, many of whom are still with Shaw Stone & Webster today.

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. Based in Baton Rouge, Louisiana, with $3.3 billion in annual revenues, Shaw employs approximately 20,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. The Company was recently named to Fortune magazine's annual list of "America's Most Admired Companies" for the second consecutive year. For further information, please visit Shaw's website at www.shawgrp.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes," "expects," "anticipates," "plans," or other similar expressions) and statements related to revenues, earnings, backlog, or other financial information or results are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's web-site under the heading "Forward-Looking Statements". These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis visit our web site at www.shawgrp.com.

Contact Information

  • The Shaw Group Inc., Baton Rouge
    Chris D. Sammons, 225-932-2546