Wood CEO denies job cut claims as firm targets continued growth
Wood Group (LON:WG) chief executive officer Ken Gilmartin hosed down media reports of potential job cuts as the firm seeks to continue its growth strategy.
Ken Gilmartin
Wood targets organic growth but ‘always looking at portfolio rationalisation’
The CEO of Wood (LON: WG) has not ruled out further divestments as the firm continues to execute its medium and long-term targets.
Wood plans sale of stake in Aberdeen gas turbines firm Ethos Energy
Ethos Energy, majority owned by Wood, was launched as a £685m “super-firm” in 2014.
Wood on course for $6bn revenue target
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
Wood Plc shares climb as revenue and profit guidance increases
Positive results for growth strategy, but H1 results dented by legacy issues and Apollo takeover bid
‘We’re turning the company around’ – Wood growth blueprint bearing fruit, says CEO
As for the takeover bids by Apollo Global Management, Ken Gilmartin said questions about “what happened or what didn’t happen are probably better addressed by Apollo”.
Aberdeen’s Wood making ‘good progress’ on strategy as order book swells to $6bn
The chief executive of Wood Group (LON: WG) says the company is making steady progress on its growth strategy after a strong start to 2023.
Wood boss Ken Gilmartin champions UK North Sea expertise
The UK North Sea remains a key part of the business of global engineering and consultancy services giant Wood, its boss said on Tuesday.
Inspirational pep talk from energy industry boss
Aberdeen must “show true grit” in the face of a tough economy, “think big” and take ownership of its own future, according to one of the city’s top industry bosses.
Wood predicts 30% drop in earnings for 2022 results
Wood (LON: WOOD) has forecast a drop in earnings and revenues for its 2022 results, down from the previous two years.
Wood boss ready to build business on strong Aberdeen foundations
Aberdeen company Wood has unveiled a strategy “refresh” and boss Ken Gilmartin says the Granite City and wider north-east will be at the heart of it.
Middle East’s approach a “lesson” for the world, Wood CEO says
The Middle East’s investments in energy will see the region come to lead in the energy transition, Wood CEO Ken Gilmartin has said.
Cash flow is ‘top priority’ for new Wood CEO amid steep drop
The new boss at Aberdeen-headquartered energy services giant Wood (LON: WG) has said cash generation is a "top priority" after it plunged by nearly a third.
Wood promotes Craig Shanaghey to executive president of operations
Wood (LON: WG) has promoted rising star Craig Shanaghey to its top leadership team as executive president of its operations business.
Wood points to ‘positive momentum’ in half-year update
Wood has reported a strong half-year performance in 2022 in the wake of the sale of its built environment business.
Interview: New CEO at Wood Ken Gilmartin feels like he’s ‘coming home’
Irish businessman Ken Gilmartin flew into Aberdeen to start house-hunting this week after being unveiled as the next CEO of Wood (LON: WG).
New CEO appointed at Aberdeen engineering giant Wood
Wood plc (LON: WG) has appointed a new CEO to replace the outgoing Robin Watson.
Wood appoints new COO as Dave Stewart bows out after 25 years
Wood has appointed a new chief operating officer (COO) to replace long-serving incumbent Dave Stewart.