Jacqueline Hinman
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Jacqueline Anne "Jacque" Hinman P.E. LEED (her
maiden name When a person (traditionally the wife in many cultures) assumes the family name of their spouse, in some countries and cultures that name replaces the person's previous surname, which in the case of the wife is called the maiden name ("birth name" ...
is Crenca and used earlier Rast as her surname which was from a previous marriage) is one of a small number of women who have led
Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...
companies. She was most recently the chairman, president and CEO of
CH2M CH2M, earlier CH2M Hill, was an engineering company that provided consulting, design, construction, and operations services for corporations and governments. The company was organized in Corvallis, Oregon, and headquartered at 9191 South Jamaic ...
. In the first quarter of 2024, she will take over as the CEO of Atlas Technical Consultants, based out of
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.


Early life and education

Hinman received her bachelor's degree in civil/environmental engineering from
Pennsylvania State University The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsyl ...
College of Engineering in 1983. She also attended the Stanford Executive Program in 2013. She is a registered professional engineer (P.E.) with accreditation under the
US Green Building Council The U.S. Green Building Council (USGBC), founded in 1993, is a private 501(c)(3), membership-based non-profit organization that promotes sustainability in building design, construction, and operation. USGBC is best known for its development of t ...
’s
Leadership in Energy and Environmental Design Leadership in Energy and Environmental Design (LEED) is a Green building certification systems, green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating ...
(LEED) program.


Career


Pre-CEO Career

In 1988, Hinman joined
CH2M CH2M, earlier CH2M Hill, was an engineering company that provided consulting, design, construction, and operations services for corporations and governments. The company was organized in Corvallis, Oregon, and headquartered at 9191 South Jamaic ...
in the environmental business. She worked for ten years doing design management, project management, construction management, business development, and operations management. In 1997 she became the CEO of management consulting firm Talisman Partners, which was acquired by the Infrastructure Division of Tyco in 2001. From 2001 until 2004 Hinman was senior vice president of Tyco's Facilities and Infrastructure Business (formerly Earth Tech). She owned the Azimuth Group from 2004 to 2005, serving as a senior management consultant for the construction and engineering industry. After returning to CH2M, Hinman was appointed to the board of CH2M on May 6, 2008. She served in multiple Executive Roles for the company, including serving as President of the Facilities and Infrastructure Division, President of the Center for Project Excellence, and Senior VP of Global Business Development. Hinman was especially instrumental in developing the firm's sport program management business, capitalizing on its historic involvement in the sustainability aspects of the
Olympic Games The modern Olympic Games (Olympics; ) are the world's preeminent international Olympic sports, sporting events. They feature summer and winter sports competitions in which thousands of athletes from around the world participate in a Multi-s ...
(
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,
Sydney Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Syd ...
,
Salt Lake City Salt Lake City, often shortened to Salt Lake or SLC, is the capital and most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, the most populous county in the state. The city is the core of the Salt Lake Ci ...
,
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) and expanding the company's work into infrastructure and overall sport program management for the London and Rio Olympics. She also worked with global teams to win major programs such as the
Panama Canal The Panama Canal () is an artificial waterway in Panama that connects the Caribbean Sea with the Pacific Ocean. It cuts across the narrowest point of the Isthmus of Panama, and is a Channel (geography), conduit for maritime trade between th ...
Expansion and the MASDAR UAE Sustainable City. Beginning in 2011 Hinman served as President of the International Division of CH2M, and oversaw the acquisition of UK-based
Halcrow Group Halcrow Group Limited was a British engineering consultancy company. It was one of the UK's largest consultancies, specialised in the provision of planning, design and management services for infrastructure development worldwide. With interests ...
, for which she served as chairman and CEO until its integration.


CEO of CH2M

Hinman took over as president and CEO in January, 2014. In July 2014 the company announced the appointment of Hinman to be the chairman of the board replacing Lee McIntire who had retired from that position on September 18, 2014. According to ''The Denver Post-Business'' in October 2013, her position was noteworthy, as engineering had traditionally been a field in which men have dominated. According to Mark Leftly of the UK's ''
The Independent ''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
'' in September 2013, since her rise to the head of CH2M she is “one of the most powerful women in the industry.” Hinman promoted diversity and inclusion during her tenure as chairman and CEO, achieving numerous goals not typical of the industry, including a high proportion of women in junior and senior management positions, and the 2020 Women on Boards recognition for board composition of 30% women. Hinman has been a noted reference on improving corporate cultures and diversity. Under Hinman's leadership, CH2M expanded upon its recognition for industry leadership, inclusive culture, and impact on the world. The company was named by Fortune in 2017 as one of the "Top 50 Companies Changing the World" and as a
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
"Best Employer for Diversity" and "Best Large Employer". It was also named as a "World's Most Ethical Company" by
Ethisphere The Ethisphere Institute is a for-profit company that, for a fee, defines and measures corporate ethical standards, recognizes companies that do well in those stated metrics, and promotes best practices in corporate ethics. The company is locate ...
for a ninth consecutive year. Hinman's tenure as CEO also saw the company shift away from fixed price Engineer-Procure-Construct (EPC) contracts. Years earlier, the company had decided to enter the at-risk construction industry and taken on several EPC projects that proved difficult to perform and strained the balance sheet starting in late 2013. These challenges and the company's lagging growth in its core engineering and consulting business also prompted the CH2M board to evaluate the company's capital structure in 2014. In 2015, CH2M modified its historical employee ownership model by bringing on private equity firm
Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...
in 2015 as a minority investor. During the period 2015-2017, CH2M improved its performance - including sales, project delivery, and profitability - through an increased focus on client and project management, and a shift in operating model. Facing a growing retired employee shareholder base, the CH2M board actively evaluated capital structure change options in 2017 in order to provide sufficient capital to shareholders that desired to sell their stock. After preparing for an IPO, and evaluating other merger and sales options, CH2M agreed to merge with
Jacobs Solutions Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a ...
in August 2017. Hinman retired from CH2M concurrent with the completion of the December 2017 merger.


Board memberships

In November 2017, Hinman joined the board of
International Paper The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee. History The company was incorporated January 31 ...
, and has served on each of its committees. She currently chairs the Management Development and Compensation Committee. In April 2019, Hinman was named a Director of the newly formed Dow, after having served on the board of
DowDuPont Dupont, DuPont, Du Pont, duPont, or du Pont may refer to: People * Dupont (surname), a surname of French origin * Du Pont family, one of the wealthiest families in the United States Companies * DuPont, one of the world's largest chemical compan ...
since June 2018. Hinman has served on each of Dow's board committees and currently chairs the Environmental, Health, Safety and Technology Committee and also serves on the Compensation and Governance committees. In December 2019, Hinman joined the board of
Aecom AECOM (, ; formerly AECOM Technology Corporation; stylised A''Ξ''COM) is an American multinational infrastructure consulting firm headquartered in Dallas, Texas. The company's official name from 1990–2015 was AECOM Technology Corporation, ...
, serving on its Strategy, Risk and Safety Committee and its Compensation Committee. She ended her Aecom board service on March 1, 2022. Hinman also previously served on the board executive committee of the nonprofit organization
Catalyst Catalysis () is the increase in rate of a chemical reaction due to an added substance known as a catalyst (). Catalysts are not consumed by the reaction and remain unchanged after it. If the reaction is rapid and the catalyst recycles quick ...


See also

*
List of women CEOs of Fortune 500 companies This is a list of women CEOs of the Fortune 500, based on the magazine's 2024 list (updated yearly). As of Sept. 2024, women were CEOs at 10.4% of Fortune 500 companies. Fortune 500 women CEOs as of 2024 (52 women) Fortune 500 CEOs by gender ...


References


External links


A blunt lesson in a Montgomery graduation speech
{{DEFAULTSORT:Hinman, Jacqueline 1961 births American women chief executives American chief executives of Fortune 500 companies Penn State College of Engineering alumni 21st-century American businesspeople Living people Businesspeople from Maryland Directors of Dow Inc. 21st-century American businesswomen