Jacobs CFO steps down after 8 months on the job


Less than a year after assuming the role of chief financial officer at Jacobs Solutions, Claudia Jaramillo has stepped down from her position to pursue other opportunities, according to a company press release.

Just eight months ago, Jaramillo thanked CEO Bob Pragada and then outgoing CFO Kevin Berryman as she took over the CFO spot at the S&P 500 company. 

Claudia Jaramillo

Claudia Jaramillo

Courtesy of Jacobs Solutions

 

On Monday, she posted a farewell message on her LinkedIn page that said, “On March 29th, I handed over the CFO position,” without further explanation. She didn’t immediately respond to questions asking why she left or where she’s headed.

In the company’s release, Pragada said, “On behalf of Jacobs, we appreciate Claudia’s work over the last two years, and we wish her well in her future endeavors.” 

Now Berryman, who was previously Jacobs’ president as well as CFO, has been reappointed CFO on an interim basis. Since stepping away from the CFO position last August, Berryman has been serving as special advisor to Pragada.

CFO Kevin Berryman, Jacobs

Kevin Berryman

Courtesy of Jacobs Solutions

 

“Serving as CFO of Jacobs was one of the most rewarding roles of my career,” said Berryman in the release. “I look forward to working closely alongside Bob and the Jacobs team once again as interim CFO.” 

Berryman initially joined Jacobs as executive vice president and CFO in 2014. He was appointed president and CFO in November 2019, serving in that role until last August.

In the firm’s release, Pragada said Berryman had been providing strategic and collaborative leadership in overseeing the separation of its Critical Mission Solutions and Cyber & Intelligence businesses.  

“As we build on the strong momentum across the company and execute our strategy to create a more streamlined, higher growth, higher margin portfolio, I am pleased to tap into [Berryman’s] continued support and experience as interim CFO,” Pragada said in the release.

Jacobs appointed Jaramillo to succeed Berryman last August as CFO, citing her proven track record of driving continuous operational improvement and disciplined capital allocation through complex business cycles. 

Jacobs has already initiated a search for a permanent CFO with the assistance of an executive search firm, according to the release.



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