Riley Bechtel
Overview
Bechtel became the company’s CEO in 1990 and chairman in 1996, relinquishing the CEO role in 2014.[1]
Contents7 sections
Key facts
1966–1981Construction and Law
Bechtel began summer construction work in 1966, earned a joint Stanford JD/MBA, practiced at Thelen, Marrin, Johnson & Bridges and rejoined Bechtel in 1981.[1]
1981–1989International Projects and Management
He worked on projects in the United States, Indonesia and New Zealand, then moved to London, becoming a director in 1987 and president and COO in 1989.[1]
2014Leadership Transition
In February 2014, Bechtel handed the CEO role to Bill Dudley for health reasons while remaining chairman. His son Brendan then led the oil, gas and chemicals business.[2]
Theranos Investment
Bechtel also invested in TheranosTheranosTheranos was a blood-testing company founded in 2003 by Elizabeth Holmes and based in Palo Alto, California, which offered retail testing with Walgreens and was valued at up to $9 billion before regulatory sanctions and criminal charges over alleged fraud in its technology and financial claims led to its dissolution in 2018.Open the full entry.[3]
2017Board Role
Bechtel became a nonexecutive director in April 2017.[1]