September 16, 2014 11:40 PM ET

Construction and Engineering

Company Overview of Parsons Corporation

Company Overview

Parsons Corporation provides engineering, construction, technical, and management support services. The company offers asset management, construction, design, condition assessment, disaster response, planning, and program/construction management services, as well as commissioning, qualification, and validation services. It also provides security services, which include rail and transit, intelligence and homeland defense and protection, national intelligence, preparedness and response, and nuclear detection systems; facility operations and management, logistics and transportation support, and telecommunications operations services; and information technology services, such as business process...

100 West Walnut Street

Pasadena, CA 91124

United States

Founded in 1944

Phone:

626-440-2000

Fax:

626-440-2630

Key Executives for Parsons Corporation

Chairman of the Board and Chief Executive Officer
Age: 55
Group President
Chief Financial Officer
President of Parsons Australasia
President of Middle East & North America+ Business Unit
Compensation as of Fiscal Year 2014.

Parsons Corporation Key Developments

Roads and Transport Authority Selects Parsons for Dubai Water Canal Project

The Roads and Transport Authority, or RTA, has selected Parsons, to provide infrastructure design services for the Dubai Water Canal Project. Planned to be a major tourist destination, the Dubai Water Canal will include a new shopping center, hotels, and restaurants, in addition to luxury housing and cycling paths. It is expected to provide new areas for public places and facilities, as well as private marinas for boats and a new trade center at the canal's entrance.

Parsons Appoints Chip Mallare as Vice President and Senior Program Director Within its Bridge & Tunnel Division

Parsons Corporation announced the appointment of Chip Mallare as Vice President and Senior Program Director within its Bridge & Tunnel Division. He will focus on major projects in the western United States. Mr. Mallare has more than 20 years of experience in engineering design management and program management, including an extensive background in bridge design, retrofitting, and widening. He has worked on projects involving structural, rail, light rail, and highway design, including work on some of the larger and most complex transportation projects in California. Most recently, Mr. Mallare worked on several Bay Area Rapid Transit (BART) projects, including the Warm Springs Line extension and the BART Earthquake Safety Program.

Parsons Corporation Appoints Jeanne Johns as a New Board Member

The Board of Directors of Parsons Corporation announced that it has named Jeanne Johns as a new Director. Ms. Johns is an international refining, petrochemicals, and oil and gas executive with BP and currently serves as the Head of Safety and Operational Risk for the company s refining and marketing businesses. In addition, she is the functional Head of BP s Operating Management System. Ms. Johns has worked for BP for more than 25 years in leadership roles in all parts of the company, leading multinational businesses and international strategic business development.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
April 18, 2014
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