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Wood appoints Chief Strategy Officer


29 Apr 2024

  • Jennifer Richmond appointed as Chief Strategy Officer
  • Newly created executive role reports to Wood's CEO
  • Appointment designed to prioritise strategic and sustainable growth
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Wood, a global leader in consulting and engineering, has appointed Jennifer Richmond as Chief Strategy Officer (CSO). The newly created role will combine and streamline several of Wood's corporate functions to drive progress on the company's growth strategy and priorities.

Richmond joined Wood in 2022 as Executive President of Strategy and Development following a 19-year career at Jacobs. Since joining Wood, she has been instrumental in the development and execution of the company's three-year growth strategy launched at its last Capital Markets Day in November 2022. 

This appointment follows the selection of Arvind Balan as the new CFO, Marla Storm as Chief Human Resources Officer and Michael Rasmuson as Group General Counsel.

The Chief Strategy Officer will report to Ken Gilmartin, Wood's CEO, who said, 'I am delighted to appoint Jennifer to the new role as Chief Strategy Officer. Jennifer has a strong track record of delivering transformational growth at Jacobs and has played a leading role in our strategic progress in the past 18 months.

'Jennifer's new remit will ensure that we are laser-focused on keeping our 35,000 people safe, accelerating sustainable growth in energy and materials, enhancing the quality of our business and realising further value for our stakeholders.'

Richmond was recognised as one of the 'Top 25 Execs to Watch' by Washington Exec in 2020. She is a certified project management professional and has a passion for inclusion and diversity.

The breadth of the Chief Strategy Officer's remit includes safety, sustainability, corporate development, marketing & communications, IT, quality, supply chain, security and travel. Jennifer will be based in Houston Texas.

Original announcement link

Source: Wood





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