The Shaw Group Inc.

The Shaw Group Inc.

January 31, 2006 09:31 ET

Shaw Names Jean Deseilligny as President of Process Group

BATON ROUGE, La.--(CCNMatthews - Jan 31, 2006) -

The Shaw Group Inc. (NYSE:SGR) today announced that Jean Deseilligny has joined Shaw's Energy & Chemicals Division as President, Process Group within the Shaw Stone & Webster unit. In this role, Deseilligny will be responsible for global sales and operations management for the group, which includes chemicals, refining and gas markets, among others.

Deseilligny joins Shaw following 36 years with Technip, a leading engineering and construction group involved in oil and gas, petrochemicals and other industries, with annual revenues of more than five billion euros. He held a variety of management roles with Technip including Chief Executive Officer (CEO) of the Middle East and Southwest Asia, CEO of the Upstream Division, and Senior Executive Vice President of Business and Operations for the Onshore Downstream Branch.

He has a Ph.D. from Paris University, and a master's degree in Political Sciences from the Institut D'Etudes Politiques de Paris.

J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw, said, "We are pleased to welcome Jean to our senior management team. His broad industry experience combined with our proprietary technologies and strong reputation in engineering, procurement and construction project management services will be a strong combination as we strive to position our company for continued growth and success in this robust, international process market."

Deseilligny will report to Abe Fatemizadeh, President of Shaw's Energy and Chemicals Division, and will replace Jim Glass who will remain with Shaw as President, Major Projects.

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for the energy, chemicals, environmental, infrastructure and emergency response markets. With over $3 billion in revenues, Shaw is headquartered in Baton Rouge, Louisiana, and 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 for the second consecutive year to Fortune magazine's annual list of "America's Most Admired Companies". For further information, please visit Shaw's website at

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


Contact Information

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