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Stephen Bechtel Jr , former CEO of family construction firm and San Francisco philanthropist, dies at 95

Stephen Bechtel Jr., former CEO of family construction firm and San Francisco philanthropist, dies at 95 FacebookTwitterEmail 1of4 Stephen D. Bechtel, Jr. 1960, Steven D. Bechtel, jr., becomes president of Bechtel Corporation.courtesy BechtelShow MoreShow Less 3of4Bechtel Group Inc. construction co. chmn. Steve Bechtel Jr.Matthew Naythons / The LIFE Images Collection via Getty ImagesShow MoreShow Less 4of4President Nixon called leaders of the construction industry to the White House and asked them to report to him in 30 days on ways of halting the wage price spiral in the building industry. Left to right: Secretary of Labor James D. Hodgson; Nixon; Peter T. Shoemann, president of United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry; Stephen D. Bechtel, Jr., president of Bechtel Corporation; and John A. Stastny, vice president of Stone and Webster Engineering Corporation, representing National Constructors Association. Bechtel died Monday, Ma

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Former CEO Stephen Bechtel Jr dies at 95

Former CEO Stephen Bechtel Jr dies at 95
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Stephen Bechtel Jr , who grew family engineering firm, dies

Print Stephen Bechtel Jr., the third-generation heir of the Bechtel Corp. construction empire who led its global drive for 30 years and provided President Reagan with key Cabinet members, has died at his home in San Francisco. The company said Bechtel died Monday at 95. No cause of death was given. The Stanford-educated engineer became a billionaire while leading the San Francisco-based firm’s expansion through “mega-projects” in Saudi Arabia, the U.S. and Canada. At 35, he took over as president from his father in 1960 and oversaw contracts for the San Onofre Nuclear Generating Station in north San Diego County, the Jubail Industrial City in Saudi Arabia and the James Bay hydroelectric project in Canada. In less than two decades, he doubled the company’s size, according to its website.

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Former chief of U S construction firm Bechtel dies at 95

Former chief of U S construction firm Bechtel dies at 95
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Former chief of U S construction firm Bechtel dies at 95

Former chief of U S construction firm Bechtel dies at 95
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