Willbros Senior Exec Retires

Monday, December 31, 2001
Willbros Group Inc. announced on Friday, December 28, that Senior Executive Vice President Melvin F. Spreitzer (63) will retire from the company and the board of directors effective Dec. 31, 2001. Spreitzer was executive vice president of the company and served as chief financial officer from 1987 until May of 2001. He had been with Willbros and its predecessor or affiliated companies for 28 years. Larry J. Bump, chairman and CEO, said, "Mel Spreitzer has been a valuable member of our senior management team for the past 14 years and we will miss his experience and knowledge. Mel made major contributions to our corporate achievements during the years he was CFO, including our successfully completed IPO in 1996. Mel is a man of integrity and ability, and I will personally miss our day-to-day interaction. We wish Mel the very best in his well earned retirement from the company."
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