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Subject: Personnel

Black & Veatch Names Patty Corcoran Chief Human Resources Officer


Black & Veatch announces that Patty Corcoran, executive sponsor of the company's growth accelerator and a catalyst in driving positive change across the company, has been named Chief Human Resources Officer (CHRO). As a member of the executive leadership team, Corcoran will be responsible for leading all elements of Human Resources and managing talent and organizational capability for the company.

Corcoran began at Black & Veatch more than a decade ago as director of HR strategy and senior advisor to the CEO, which entailed working on special projects related to strategy and providing executive leadership coaching. In addition, she spent five years as vice president of innovation and strategy with the company's innovation incubator, the Growth Accelerator. She has served as interim co-leader of Human Resources at Black & Veatch since early 2020

Among her various accomplishments, she is credited with helping to launch the company's ASPiRE program, which focuses on fostering positive cultural and organizational change within the company. She also led the effort to analyze opportunities for increased revenue and market growth that eventually led to the creation of the company's Growth Accelerator, which focuses on company-wide strategic planning and innovation. Corcoran helped lead the effort to shift from annualized strategic planning to a continual strategic planning approach, and an effort to optimize professional talent and provide career growth and opportunity.

Prior to joining Black & Veatch, Corcoran spent most of her career with civil engineering company OLSSON (formerly Olsson Associates), where she served as executive vice president for five years and two years as president.

"Patty was selected for her incredible experience across all components of human resources, and for her success in creating and implementing successful people and client experience strategies," said Steve Edwards, chief executive officer of Black & Veatch. "I am looking forward to working with Patty to reinforce an environment for our employee-owners that supports our strategic business goals while enabling us to continue to deliver quality service to all our clients."

"At Black & Veatch, our people are our greatest asset and we see our culture and values as a competitive advantage," said Corcoran. "Together, we are eager to continue this momentum as we stay abreast of changing professional and company needs including focusing on diversity, equity and inclusion while implementing new strategies that will help us better serve our clients while achieving our broader organizational goals."

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About Black & Veatch

Black & Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2020 exceeded US$3.0 billion. Follow us on www.bv.com and on social media.



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