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Johannes Michalsky has been promoted Executive Vice President at Premier

Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Johannes Michalsky has been promoted to Executive Vice President. Previously, he served as Senior Vice President of Project Management for the past three years. In his new role, Michalsky will guide the firm s strategic direction, oversee operations, and manage teams while ensuring that the firm continues to drive forward with a commitment to growth and innovation. ....

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Premier Gets New Executive Vice President

Plus: Remington Hospitality appoints new chief human resources officer; Hyosung Innovue appoints new chief development officer; and more. ....

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World Bank debars German oil and gas contractor

9:38 am
The World Bank debarred a German construction and engineering company that serves the oil and gas industry Wednesday for thirteen months for a fraudulent practice connected to a project in Myanmar.
Ferrostaal Oil & Gas GmbH acted as the Myanmar-based partner of another company and as an agent to prepare a bid for a contract.
Ferrostaal Oil & Gas’ local representative and managing director instructed the partner company not to disclose the agreed commission to be paid to Ferrostaal Oil & Gas in the initial bid. Ferrostaal Oil & Gas did not correct this omission in a later amendment to the contract.
That was “a fraudulent practice under the World Bank Group procurement guidelines,” the World Bank said. ....

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