Thursday, July 12, 2007

UPDATE 3-Shaw replaces CFO, restates Q1 loss

(Reuters) - Shares of the Construction and engineering company were
trading at $50.38, up $0.98 or 1.98 percent, at midday on the
New York Stock Exchange.




In an unexpected move, Shaw said Brian Ferraioli, who was
vice president and controller for Foster Wheeler Ltd. ,
will join the company as CFO at the end of July. Current CFO
Robert Belk is out on medical leave and will take on a new role
upon his return, including responbilities for investor, banking
and governmental relationships.


Read more at Reuters.com Government Filings News

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