Babcock & Wilcox Enterprises Inc. has a new chief executive officer.

The Charlotte, N.C., energy technology and coal-fired boiler company, which has a significant presence in Barberton, on Thursday announced that Leslie C. Kass is its new CEO, succeeding Jim Ferland, who is staying as executive chairman until the end of June when his employment contract ends.

Kass, who is 47, will also be a member of B&W’s board of directors.

She joined B&W in 2013 and recently was head of the company’s Industrial segment. She accepted the job of CEO on Wednesday.

B&W had promoted Kass in May to senior vice president, Industrial. Her previous jobs included vice president of retrofits, the largest business line in the company’s Power segment. Before joining B&W, Kass worked at Westinghouse, Entergy and Duke Energy.

B&W said Kass also has experience working with the financial community, shareholders and potential investors.

According to a filing with the Securities and Exchange Commission, Kass will be paid a base salary of $750,000 per year. She also will have a target annual bonus equal to her annual salary and will be eligible for other bonuses and benefits, including an equity award valued at $1.5 million, according to the filing. She will receive 160 hours of vacation annually.

B&W said in its filing it continues to expect that the role of board chairman and CEO will remain separate.

B&W also has created a new committee that will work with management on initiatives started last year to improve the company’s finances and operations. Kass will be a member of the committee.

In addition, B&W named Mark A. Carano, senior vice president, Industrial and Corporate Development, as head of its Industrial segment. He joined B&W in 2013.

The changes come after B&W reported significant financial losses last year and laid off 60 Akron-area salaried employees, leaving about 770 employees in Barberton and in Copley. The company in November announced a $45 million annual cost-savings program.

B&W was spun off in 2015 as a publicly traded company from what is now called BWX Technologies Inc.

Ferland was named CEO of the former combined Babcock & Wilcox Co. in 2012. He previously was president of Westinghouse Electric Co.’s Americas division.

Upon the 2015 spinoff, Ferland became CEO of B&W Enterprises, which makes and services coal-fired boilers and pollution control equipment for power plants and is involved in related industries.

Reporter Jim Mackinnon covers business and county government. He can be reached at 330-996-3544 or jmackinnon@thebeaconjournal.com. Follow him @JimMackinnonABJ on Twitter or www.facebook.com/JimMackinnonABJ