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Jacobs Announces Transition of Jaramillo to CFO

Claudia Jaramillo
Claudia Jaramillo
DALLAS, TX — Jacobs, announces that Claudia Jaramillo, currently the company's Executive Vice President, Strategy and Corporate Development, will succeed Kevin Berryman as Executive Vice President and Chief Financial Officer, effective August 14, 2023. At that time, Berryman will serve as Special Advisor to Jacobs Chief Executive Officer, Bob Pragada.

Jaramillo has a track record of driving continuous operational improvement and disciplined capital allocation through complex business cycles. She joined Jacobs in July 2022 in her current role following more than 20 years with Schlumberger, the world's largest energy services company. During her tenure, Jaramillo successfully led multiple global operational finance roles, including most recently leading strategic capital deployment as Head of Treasury.

"Since joining Jacobs last year, Claudia's strategic thinking and financial acumen have already made a considerable impact," Pragada said. "She has a deep understanding of the compelling growth opportunity across our strategic accelerators of climate response, data solutions, and high value consulting and advisory, and her diverse background driving innovative solutions for multi-national companies across industrial sectors aligns with our own ambitious growth objectives."

"As a key member of our executive leadership team since 2014, Kevin has been instrumental in transforming Jacobs to a higher growth, higher value technology enabled solutions provider," Pragada said. "During his tenure, Kevin has been a proactive partner in forming and implementing our strategies and has driven strong financial performance focused on disciplined cost control, robust cash flow generation and effective capital deployment, in addition to committed leadership to our cultural transformation."

"The last eight years as Jacobs' CFO have been inspiring," Berryman said. "I am proud of our accomplishments in propelling Jacobs' transformational journey and redefining our business portfolio and capital deployment strategy. Our success has resulted in significant, sustainable value creation for our shareholders and has established Jacobs as one of the world's most admired companies. I'm looking forward to continuing to work with Bob as Special Advisor beginning in August."

Jaramillo joined Jacobs in July 2022 as Executive Vice President, Strategy and Corporate Development. Prior to joining Jacobs, Jaramillo spent more than 20 years at Schlumberger where she served in multiple executive roles with increasing senior leadership responsibility in finance and general management. She has worked in several high growth markets and geographies, including Europe, Asia, the Middle East, and the U.S., and was the top financial executive of the largest region — responsible for overseeing $16 billion of annual revenue as the Financial Controller of the North America business.

She also led significant organizational restructuring and transformation initiatives. Most recently, she served as Vice President Group Treasurer and Corporate Officer and had significant engagement with the Environmental, Social, and Governance function at Schlumberger. She set up sustainability-linked financing and represented the company on the United Nations Global Compact CFO Task Force, whose goal is to reshape the future of corporate finance and investment as a catalyst for growth, value creation, and social impact.

Jaramillo serves as Chair of the Audit Committee of the Board of Generation USA and as a member of the Board of the Wharton Club of Houston. Previously, she served on the Board of Arabian Drilling ADC. She is a graduate of Pontificia Universidad Javeriana, where she earned a Bachelor of Science in electrical and electronics engineering followed by a Master of Business Administration from The Wharton School.

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