Ian Marchant appointed Chairman of John Wood Gr...
31 January 2014
Ian Marchant appointed as Chairman of John Wood Group PLC ("Wood Group")
Wood Group announces the appointment of Ian Marchant as Chairman of the Board
following the retirement of Allister Langlands at the end of the Annual General
Meeting, scheduled for 14 May 2014.
Ian has been a director of Wood Group since 2006 and has been senior
independent non-executive director since May 2012. He was Chief Executive of
SSE plc for over ten years prior to his retirement in June 2013, is
non-executive chairman of Infinis Energy PLC and a non-executive director of
Aggreko plc.
Allister has been with Wood Group since 1991, initially as Finance Director
until 2000, then as Deputy CEO and from 2007 as Group CEO, before becoming
Chairman in 2012.
Commenting on Ian Marchant's appointment, Allister Langlands said: "Ian has
made an outstanding contribution to the Board as a non-executive director, as
chairman of the Audit Committee and, latterly as our senior independent
non-executive director. Following his retirement as Chief Executive of SSE, the
Board and the Nomination Committee are delighted that he has agreed to succeed
me as Chairman of Wood Group."
Ian Marchant said: "I am delighted to have the opportunity to chair the Board
of Wood Group following Allister's retirement. Allister has been an outstanding
leader and the architect of much of the Group's organic and acquisitive growth
over 23 years including, most recently, the acquisition of PSN, the sale of the
Group's Well Support business and the proposed rotating equipment joint venture
with Siemens. Since his appointment as Chairman in 2012, he has provided
valuable continuity and support for Bob Keiller as he has taken over leadership
of the Group. My Board colleagues and I wish Allister every happiness in his
retirement and I look forward to working with Bob and his executive team in the
next phase of the Group's development."
Ends -
Notes to editors:
Wood Group is an international energy services company with around $7bn
revenues, employing around 44,000 people and operating in 50 countries. The
Group has three businesses - Wood Group Engineering, Wood Group PSN and Wood
Group GTS - providing a range of engineering, production support, maintenance
management and industrial gas turbine overhaul and repair services to the oil &
gas, and power generation industries worldwide. www.woodgroup.com
Ian Marchant biog:
Ian was Chief Executive of SSE plc for over ten years prior to his retirement
in June 2013, is non-executive chairman of Infinis Energy PLC and a
non-executive director of Aggreko plc. He is also chairman of the Maggie's
Cancer Centre Charity and Scotland's 2020 group and president of the UK's
Energy Institute.
For further information contact:
Andrew Rose, Investor Relations - 01224 532716
Carolyn Smith, Corporate Communications - 01224 851099
Patrick Handley, Brunswick - 020 7404 5959
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