John Wood Group PLC has announced that its Chief Financial Officer, David Kemp, intends to retire after a decade with the company. The process of selecting his successor is already underway, and David will continue in his role until a new CFO is appointed.
David Kemp joined Wood in 2013 as the CFO of the former Wood Group PSN business, which is now part of Wood’s Operations business unit. He became a member of the Board in January 2015 and assumed the role of CFO in May 2015.
Roy Franklin, the Chairman, expressed his appreciation for David Kemp’s contributions, stating, “David has made a very significant contribution to Wood since joining back in 2013, helping to build a more diversified company and leading our financial recovery over the last few years. On behalf of the Board, I would like to thank David for his years of service and wish him every success in the future.”
Ken Gilmartin, the CEO, also praised Kemp’s leadership, emphasizing their collaborative efforts in transforming the company.
David Kemp, the outgoing CFO, reflected on his time at Wood, mentioning the company’s transformation from an oil and gas services business to its current diversified state. He expressed confidence in Wood’s future and pledged his support to ensure a smooth transition to the new CFO.
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