This excerpt taken from the FWLT DEF 14A filed Dec 22, 2008.
Wheeler is the holding company of an international group of companies active in businesses that are involved in engineering and construction
services, the design, manufacture and ownership of power equipment and the ownership and operation of power production and power generation facilities.
Wheeler fulfills strategic, financial and management functions for itself and its group companies. The executive bodies (the Board, CEO and Executive
Management) of Foster Wheeler shall duly respect that each of the group companies is a separate legal entity and the local law, rules and regulations applicable to them.
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