8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 12, 2015

CHICAGO BRIDGE & IRON COMPANY N.V.

(Exact name of registrant as specified in its charter)

The Netherlands

(State or other jurisdiction of incorporation)

1-12815	N.A.
(Commission File Number)	(IRS Employer Identification No.)

Prinses Beatrixlaan 35
2595 AK The Hague
The Netherlands	N.A.
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: 31-70-373-2010

N.A.

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):

¨ Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 12, 2015, Chicago Bridge & Iron Company N.V. (the “Company”) issued a press release announcing that Executive Vice President and Chief Financial Officer Ronald A. Ballschmiede is retiring from the Company. Michael S. Taff has been appointed to succeed as the Company’s Executive Vice President and Chief Financial Officer effective as of April 1, 2015. Westley S. Stockton, 44, is the Company’s Vice President, Controller and Chief Accounting Officer, and will assume interim responsibility for the company’s operational finance functions until April 1, 2015.

Mr. Taff, 52, will be joining CB&I from Flowserve Corporation where he served as Senior Vice President and Chief Financial Officer from January 2012 until March 31, 2015. From July 2010 until November 2011, he served as Senior Vice President and Chief Financial Officer for The Babcock and Wilcox Company following its spin-off from McDermott International, Inc. (“McDermott”). From April 2007 until July 2010, Mr. Taff served as Senior Vice President and Chief Financial Officer of McDermott and from June 2005 until April 2007, he served as its Chief Accounting Officer. Mr. Taff also has held finance leadership roles at HMT, Inc., Philip Services Corporation and British Petroleum Oil Company. He is a Certified Public Accountant and spent nine years in public accounting at Price Waterhouse.

The full text of the press release issued by the Company on March 12, 2015 is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 – Press Release dated March 12, 2015

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		CHICAGO BRIDGE & IRON COMPANY N.V.
		By:	Chicago Bridge & Iron Company B.V.
		Its:	Managing Director
Date:	March 18, 2015	By:	/s/ Richard E. Chandler
			Richard E. Chandler Managing Director (Executive Vice President and Chief Legal Officer)

EXHIBIT INDEX

Exhibit Number     Exhibit Description

 99.1         Press Release dated March 12, 2015

EX-99.1

Exhibit 99.1

CB&I Appoints Michael S. Taff as Chief Financial Officer

THE WOODLANDS, Texas - March 12, 2015 - CB&I (NYSE: CBI) today announced it has appointed Michael S. Taff as Executive Vice President and Chief Financial Officer, effective April 1, 2015. Mr. Taff will succeed Ronald A. Ballschmiede, who is retiring.

Mr. Taff has more than 30 years of financial and global industry experience. He joins CB&I from Flowserve Corporation where he served as Senior Vice President and Chief Financial Officer. He previously served as Senior Vice President and Chief Financial Officer for McDermott International Inc., and also for The Babcock and Wilcox Company following its spin-off from McDermott.

Mr. Taff also has held finance leadership roles at HMT, Inc., Philip Services Corporation and British Petroleum Oil Company. He spent nine years in public accounting at Price Waterhouse, has a bachelor of business administration degree in accounting from Stephen F. Austin State University and is a certified public accountant.

“Mike has extensive experience leading corporate financial organizations. His breadth of knowledge, particularly within our industry, makes him an ideal addition to CB&I’s executive management team, and we are confident he will help the company continue to drive shareholder value,” said Philip K. Asherman, CB&I’s President and Chief Executive Officer. “I thank Ron for his service to CB&I and wish him the best in the future.”

Westley S. Stockton, Vice President, Controller and Chief Accounting Officer, will assume interim responsibility for the company’s operational finance functions until April. Mr. Stockton joined CB&I in 2002 and has served in his current role since August 2008. Prior to his current role, he held various positions of increasing responsibility within the company’s finance organization.

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2014, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference.