On June 18, 2019, the Board of Directors of BWX Technologies, Inc. (“BWXT,” “we” or “us”) appointed Leland D. Melvin to our Board of Directors as a Class I director with an initial term expiring at our annual meeting of shareholders in 2020. Mr. Melvin has also been appointed to the Governance Committee. Mr. Melvin will receive the non-executive director compensation as set forth under “Compensation of Directors” in our Definitive Proxy Statement filed with the Securities and Exchange Commission (“SEC”) on March 29, 2019 and incorporated herein by reference. In addition, Mr. Melvin entered into the Company\’s standard form of director and officer indemnification agreement, a copy of which was filed with the SEC on August 5, 2015 as Exhibit 10.15 to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 and is incorporated herein in its entirety.

The Board of Directors made an affirmative determination that Mr. Melvin is an independent director under the New York Stock Exchange Listing Standards. Mr. Melvin does not have an interest in any transactions requiring disclosure under Item 404(a) of Regulation S-K, and there are no arrangements or understandings between him and any other person to which has was appointed as a director.

A copy of the press release announcing Mr. Melvin’s appointment to the Board of Directors is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein in its entirety.

(d) Exhibits

BWX Technologies, Inc. Exhibit
EX-99.1 2 exhibit991-pressreleasenew.htm EXHIBIT 99.1 Exhibit Exhibit 99.1BWXT Names Leland D. Melvin to Board of Directors(LYNCHBURG,…
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About BWX TECHNOLOGIES, INC. (NYSE:BWXT)

BWX Technologies, Inc., formerly The Babcock & Wilcox Company, is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other. The Nuclear Operations segment engineers, designs and manufactures precision naval nuclear components and reactors for the United States Department of Energy (DOE)/National Nuclear Security Administration’s (NNSA) Naval Nuclear Propulsion Program. The Technical Services segment provides various services to the United States Government. The Nuclear Energy segment designs, licenses, manufactures and delivers commercial nuclear steam generators, pressure vessels, reactor components, heat exchangers and other auxiliary equipment. The Other segment includes the mPower program.