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Wood announces the appointment of new CEO

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World Pipelines,


Wood announces the appointment of Ken Gilmartin as Chief Executive Officer (CEO), effective from 1 July 2022. Ken’s appointment follows an extensive selection process that considered both internal and external candidates.

Following 15 years with Jacobs, Ken joined Wood as Chief Operating Officer in August 2021. In his time at Jacobs, Ken held a variety of executive, operational and project leadership roles. Most recently, he was Executive Vice President of the firm’s People & Places solutions business, responsible for more than half of Jacobs’ overall business portfolio, serving public and private sector clients across a wide range of end markets.

With over 25 years’ experience, Ken has worked internationally throughout his career including leading the delivery of major projects, and running major operations, in Europe, Asia, North America, and the Middle East.

Ken will succeed Robin Watson, who announced his intention to retire in April 2022. Robin will step down from the board effective 1 July 2022, and will remain with Wood until 30 September 2022 in an advisory role to support a smooth transition.

Roy Franklin, Chairman, said: “Ken has brought a wealth of industry experience and excellent strategic and leadership skills to Wood, and I am delighted that he will be our new CEO. He has impressed the Board with the impact he has made over the last nine months, where he has brought clarity, structure and focus, and a strong client-centric mindset to the role, and by his drive to lead the development of Wood’s future strategy. The Board believes he is a great fit for Wood, with the combination of skills and experience to lead the business through its next strategic phase.

“On behalf of the Board, I thank Robin for his many years of service to the company and wish him all the best in his retirement.”

Ken Gilmartin, incoming Chief Executive, said: “I joined Wood because I could see the great potential in the company, knowing the value of the skills and expertise required to deliver complex and critical projects, operations, and consultancy solutions. In my short time with the business, I have been impressed by the quality of our people, and the strength of our culture and our client relationships, which provide strong foundations on which to build in the years ahead. I believe we have an exciting future in front of us as we capture growth opportunities in energy security and sustainability, and deliver value for our shareholders over the medium term.

“I will work with Robin on a seamless transition and thank him for the guidance he has given me over the last nine months”.

Robin Watson, current Chief Executive, said: “After ten years on the board of Wood and having reached an agreement for the sale of our Built Environment business, I am pleased that Ken will now lead the company into its next phase. I wish Ken and everyone at Wood all the best and a very bright future”.

Read the article online at: https://www.worldpipelines.com/business-news/22062022/wood-announces-the-appointment-of-new-ceo/

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