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John Wood promotes Chief Operating Officer Ken Gilmartin to CEO

ALN

John Wood Group PLC on Tuesday named Chief Operating Officer Ken Gilmartin as its new chief executive, effective from July 1.

The news follows an ‘extensive selection process’ that considered both internal and external candidates.

Gilmartin joined the Aberdeen-based engineering and consulting business as chief operating officer in August of last year.

Prior to this, Gilmartin worked at Jacobs Engineering Group Inc for 15 years. Most recently, he was executive vice president of the firm's People & Places solutions business.

Gilmartin will succeed Robin Watson, who announced his intention to retire back in April. Watson plans to step down on July 1, but will remain with the company in an advisory role to support a smooth transition until September 30.

Chair Roy Franklin said: ‘Ken...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,’ Franklin added.

Shares in John Wood were up 1.1% to 181.90 pence each in London on Tuesday morning.

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