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Insider UK
Insider UK
Business
Peter A Walker

Wood names new chief operating officer

Wood has appointed Ken Gilmartin as its new chief operating officer (COO) and the latest member of the company’s executive leadership team.

He joins as a direct replacement for existing COO, Dave Stewart, who will retire at the end of the year following a 25-year career at the Aberdeen-based engineering consultancy.

As part of his new role, Gilmartin will assume responsibility for execution, operational assurance and digitalising the way Wood delivers work to its global client base. He will also lead the recently formed Operational Committee.

Gilmartin joins from Jacobs, where he held a variety of operational and project leadership roles throughout his 15 years at the firm.

Most recently, he was executive vice president of the People & Places solutions business, holding operational responsibility for more than half of Jacobs’ overall business portfolio serving public and private sector clients.

With more than 25 years’ experience, Gilmartin has worked internationally throughout his career, including leading the delivery of major programmes in Europe, Asia, North America and the Middle East region.

Chief executive Robin Watson said: “I’m delighted to welcome someone of Ken’s calibre as our new COO and have every confidence that he will provide the leadership and rigour to enable us to deliver against one of our most important strategic priorities.”

“I’d also like to put on record my sincere thanks to Dave for his contribution throughout an outstanding career at Wood - he played an instrumental role in helping to broaden the business across new end markets and, more recently as COO, his wisdom and leadership was key in putting in place the strong foundations for our operational excellence model which Ken will build on in the future.”

Gilmartin commented: “I’m delighted to be joining Wood at such an important point in the company’s evolution as the energy transition gathers pace.

“We are entering a new growth phase and I look forward to continuing the great work that has already started to build an operational platform that can deliver consistently excellent work for clients, create inspiring career opportunities for our people and generate improved shareholder returns.”

Gilmartin officially joined today and will assume full COO responsibilities during the fourth quarter, as part of a managed transition process.

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