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KBR CEO Utt to retire next year

  HOUSTON (AP) — KBR Chairman, President and CEO William Utt will retire from his positions next year, the engineering, construction and services company said Monday.   KBR Inc.’s board has created a search committee to help find Utt’s successor. The company said that Utt will remain in his current roles until a new CEO is named. Utt said in a statement that after more than eight years at KBR, he is looking forward to spending more time with his family and pursuing other personal and professional opportunities.   KBR shares closed at $31.07 on Friday. Its shares are up almost 4 percent for 2013.  

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Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

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