Black & Veatch announces new vice president of enterprise consulting

Overland Park, Kan., March 19, 2003 — Black & Veatch has announced the appointment of Mike Elzey, formerly a director with PricewaterhouseCoopers Management Consulting Services Practice, as vice president of its newly created Enterprise Consulting Division.

Elzey will be responsible for the division’s product development, its information services group and business development functions. Black & Veatch’s Enterprise Consulting Division offers a full range of consulting services to electric and water utilities, including portfolio management, business transformation, global restructuring, asset optimization and renovation program management.

“In his new role, Mike will be charged with expanding our management consulting solutions and integrating them with the technical expertise Black & Veatch has established throughout its 88-year history of solving clients’ toughest challenges,” said Rodger E. Smith, president of Black & Veatch’s Enterprise Consulting Division.

Elzey has more than 20 years of energy and utility industry management/engineering and consulting experience. Most recently, Elzey was a director in the energy and utilities service line with PricewaterhouseCoopers Management Consulting Services Practice. Elzey’s responsibilities included development and delivery of the company’s energy-related service offerings by managing vision and strategy, market message and penetration, revenue generation, profit margins, cash flow, personnel hiring, growth, retention and vendor relationships.

Prior to PricewaterhouseCoopers, Elzey held various management and executive positions at subsidiaries of Asea Brown Boveri and Babcock & Wilcox over a 10-year period. Additionally, Mike started his career as a nuclear propulsion officer in the U.S. Navy serving aboard a fast attack submarine where he achieved the qualification of Chief Engineer.

“Black & Veatch’s expertise in infrastructure development, specifically in the areas of energy and water, leverages the company’s extensive technical capabilities into the business areas of strategic financial planning, business process improvement, organizational strengthening and information processing,” said Smith. “With the addition of Mike’s leadership skills, industry experience and numerous senior level electric utility relationships, he is sure to create value for our clients.”

About Black & Veatch Black & Veatch Corporation is a leading global engineering, construction and consulting company specializing in infrastructure development in the fields of energy, water and information. Founded in 1915, Black & Veatch serves its clients with conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, information technology, environmental, security design and consulting and management consulting services. Headquartered in Overland Park, Kan., the employee-owned company has more than 90 offices worldwide. Black & Veatch is ranked 78th on the Forbes “500 Largest Private Companies in the U.S.” listing for 2002. The company’s Web site address is


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