THE CFO of John Wood Group is to step down at the oil and gas company’s May 2015 AGM.
Alan Semple, who has served as CFO since 2000, will be replaced by the group’s divisional CFO David Kemp. As part of the succession planning, Kemp will serve as deputy CFO from January.
Ian Marchant, chairman of Wood Group, said: “As a long-term member of the board, Alan has played a significant role in shaping Wood Group into the company it is today, having been heavily involved in the transition from a private to a public company in 2002 and the significant growth and internationalisation of the business over many years. I have enjoyed working with him and on behalf of the board, wish him the best in his retirement.”
Kemp has more than 20 years’ experience in the sector, having previously served at Trap Oil Group, Technip, Simmons and Company International and Hess Corporation. His responsibilities have included finance, M&A and operations.
The oil and gas company has also created a COO role – to be filled by its PSN division CEO Robin Watson next year, when a replacement is found for his current role.
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