Karen L. Daniel

Chief Financial Officer, Division President and Member of the Board of Directors

Black & Veatch Corporation

 

 

Karen Daniel is Chief Financial Officer, Division President, and a member of the Board of Directors of Black & Veatch, a global leader in providing engineering, construction and consulting services.  She joined Black & Veatch in 1992, and was named CFO in 1999. Ms. Daniel was elected to the Board of Directors in 2006.

 

In her role as CFO, she is responsible for leading the companyÕs global financial functions including treasury, tax, accounting, financial reporting, budgeting and business systems. She manages relationships with key financial partners, and establishes corporate financial policies. She also performs an active leadership role in the following areas:

 

á      Financial Performance – Enhance financial performance by utilizing value based management principles, ensuring financial support for projects.

 

á      Serves on teams to execute company-wide initiatives:

 

-       Corporate Strategic Planning and Innovation Committee for last seven years; Co-Chair for four years.

-       Investment Review Board Chair – Approval and implementation of strategic investments such as mergers and acquisitions, major business expansion, development projects and systems.

-       Information Technology Management Committee – Development, maintenance and procurement of business systems.

-       Internal Controls Task Force Chair – Implementation of internal control best practices based on relevant provisions on Sarbanes-Oxley Act.

-       Execution Strategy Committee – Develop strategies to deliver complex solutions to clients with appropriate balance of risks and rewards.

 

á      Presents operating results, financial projections and recommendations for critical financial strategies to the Board of Directors.  Also serves as liaison to independent Audit Committee.

 

á      Manages relationships with key financial partners, such as ten bank consortium, stock valuation firm, sureties, external auditors and financial advisors.

 

Ms. Daniel also is a member of the Board of Directors Snap-on Incorporated (publicly-traded on the New York Stock Exchange as SNA) a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users.  2007 revenues exceeded $2.5 billion.

 

Prior to joining Black & Veatch, Ms. Daniel was Senior Audit Manager for the certified public accounting firm of KPMG Peat Marwick.  During her eleven years at KMPG, she served the governmental, manufacturing, banking and not-for-profit industries.

 

Ms. Daniel is committed to the community and has been involved in the following organizations or activities:

 

á      Greater Kansas City Community Foundation Board of Directors Management Committee and Treasurer, Investment Committee Chair; Assets exceeding $1 billion

á      Trustee of the Midwest Research Institute, an independent research organization

á      Northwest Missouri State University Board of Regents 2003 - 2005

á      Northwest Missouri State University Foundation – Past Treasurer, Board of Directors     1991-1997

á      Women's Employment Network - Past President, Board of Directors 1990-1997

á      Kauffman FoundationÕs Capital for Entrepreneurs - Women's Investment Committee      1996-1997

á      Kansas City, Missouri Parks and Recreation Board of Commissioners, Past President       1999 - 2003

 

Professional Registrations:

 

á      Certified Public Accountant (non-practicing), State of Missouri

 

Education:

 

á      Northwest Missouri State University, Bachelor of Science, Accounting, 1980

á      University of Missouri at Kansas City, Master of Science, Accounting, 1981

 

Professional and Personal Awards:

 

á      1998 – Northwest Missouri State University - Distinguished Alumni Award

Presented for distinguished service in a graduateÕs profession as well as civic activities bringing credit to both the individual and the University.

 

á      1994 – N.T. Veatch Award

Mark of Excellence Award – Highest award presented to a Black & Veatch professional.

 

á      2000 - KPMG Humanitarian Award

First recipient of annual award for most significant impact in the community.

 

á      2002 – National Women of Color Technology Award for Professional Achievement

 

á      2005 – Kansas City Business JournalÕs – Women Who Mean Business

 

Black & Veatch is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clientsÕ needs and provide sustainable benefits. Solutions are provided from the broad line of service expertise available within Black & Veatch, including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning. With more than $3 billion in revenue, the employee-owned company has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents. The companyÕs Web site address is www.bv.com.