Franklin steps up to chairman
Wood Group secures $1 billion contract at Sellafield
The Aberdeen-based business has been selected as design and engineering partner at the UK’s most complex nuclear site as part of the new programme and project partners (PPP) procurement model.
Sellafield has described PPP as a ‘game changer’ for the supply chain, creating long-term relationships with selected partners, developing closer working practices, and delivering projects faster without compromising safety standards.
Wood will provide the front end design and engineering capability and services required to deliver a portfolio of major projects and site wide project delivery improvements. A key element of the role will be working with other partners.
Bob MacDonald, CEO of Wood’s specialist technical solutions business, said: “This is a fantastic endorsement of Wood’s ability to meet the most complex nuclear decommissioning challenges. We already have a deep, shared history with Sellafield and this new appointment provides a platform for us to assist with safe and secure operation and clean-up over the next two decades.”
The deal was announced alongside the appointment of former Amec Foster Wheeler director Roy Franklin, pictured, as chairman, replacing Ian Marchant from 1 September.
Mr Franklin has been a non-executive director and the senior independent director of Wood since October 2017, having been appointed following the acquisition of Amec Foster Wheeler. He had previously been a director of AFW since 1 January 2016.
His appointment follows a search by Korn Ferry to identify a successor to Mr Marchant, who has previously indicated his intention to retire.
Mr Franklin has more than 40 years of experience as an executive in the energy industry. He spent 18 years at BP, latterly as head of M&A, BP Exploration, after which he was group MD of Clyde Petroleum and then CEO of Paladin Resources until its acquisition by Talisman Energy in 2005.
Since then he has served on a number of international energy boards in non-executive roles and was chairman of Keller Group until September 2016. He is currently chairman of Premier Oil and deputy chairman of Equinor ASA, the current term of which will end on 30 June.
Jeremy Wilson will succeed Mr Franklin as senior independent director.
Commenting on Mr Franklin’s appointment, Mr Marchant said: “Roy has made a significant contribution to Wood as a non-executive director and our senior independent director since his appointment in 2017. He brings a wealth of experience and will provide valuable continuity and support to Robin Watson [CEO] in his leadership of Wood.”
Mr Franklin said: “Ian has provided an outstanding contribution to Wood during a period of transformational change for the business including, most recently, the acquisition of Amec Foster Wheeler. My board colleagues and I express our sincere appreciation to Ian for his efforts and I look forward to working with Robin and his executive leadership team to achieve continued success and sustainable growth for Wood over the coming years.”