Chicago Bridge & Iron Company known commonly as CB&I, is a large multinational conglomerate engineering, procurement and construction (EPC) company. CB&I specializes in projects for oil and gas companies. According to one of the founder's heirs, "The old joke is that Chicago Bridge & Iron isn't in Chicago, doesn't build bridges and doesn't use iron."CB&I currently employs approximately 50,000 people worldwide.Corporate headquarters and leadershipThe corporate headquarters are located in the Hague, Netherlands with the administrative headquarters being located in The Woodlands, Texas. Current corporate officers are: President and CEO, Philip K. Asherman Executive Vice President and Chief Financial Officer, Michael S. Taff Executive Vice President and Group President of Capital Services, E. Chip Ray Executive Vice President of Global Operations Services, James W. Sabin Executive Vice President and Group President of Technology, Daniel M. McCarthy Executive Vice President and Chief Administration Officer, Beth A. Bailey Executive Vice President and Chief Legal Officer and Secretary, Richard E. Chandler Executive Vice President and Group President of Fabrication Services, Luke V. Scorsone Executive Vice President and Group President of Engineering, Construction and Maintenance, Patrick K. Mullen Senior Vice President, Fossil Power, Bobby R. SmithHistoryCB&I was founded in 1889 in Chicago, Ill., USA, as Chicago Bridge & Iron Company, when Horace E. Horton, a bridge designer, agreed to merge business with George and William Wheelock of the Kansas City Bridge and Iron Company.