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Insider UK
Insider UK
Business
Peter A Walker

Wood appoints new executive president for operations

Wood has appointed Craig Shanaghey to its executive leadership team as executive president of the operations business unit.

He now assumes executive responsibility for 17,000 staff and their delivery of operations solutions across the globe.

The business unit provides lifecycle solutions for clients operating critical infrastructure across a range of sectors, including energy, industrial and power.

Ken Gilmartin, the new chief executive at Wood, said: “Craig is a seasoned, successful and proven leader with experience earned through a variety of operational and leadership roles in his three-decade long career.

“With 18 years of experience in Wood, he has a deep knowledge of our business, he understands our clients’ drivers and ambitions, and, importantly, he recognises the further potential within the operations business unit as Wood enters its next strategic cycle.”

Starting his working life as a mechanical apprentice in the West of Scotland, Shanaghey’s career spans the pharmaceuticals, oil, gas and broader energy sectors.

Latterly, he led Wood’s operations business across the Europe, Middle East and Africa region to achieve growth and set the foundations to capitalise on the anticipated increase in investment in energy as the world contends with the challenges of both energy security and transition.

Shanaghey commented: “As we seek to realise growth opportunities in energy security and sustainability, I see significant potential for our global operations business to play a key role in that journey, unlocking value for our clients and for Wood along the way.

“We have decades of experience in delivering smart solutions for our clients that create value across the lifecycle of their investments.”

Based in Aberdeen, Shanaghey succeeds Stephanie Cox, following her decision to leave the business.

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