Wood Group reports a number of Board changes that will become effective 1 November 2012. Chairman, Sir Ian Wood, will retire as Chairman and from the Board. Sir Ian has been Chairman since 1982 and was CEO from 1967 to 2006.
CEO, Allister Langlands, will become Chairman. Allister has been with Wood Group since 1991, initially as Financial Director, then eight years as Deputy CEO and CEO since 2007.
Bob Keiller, the Chief Executive of the Wood Group PSN division, will become CEO