Wood creates chief technology officer role

  • Business & Finance

Oilfield services provider Wood has created the role of chief technology officer (CTO) with the appointment of Darren Martin.

Wood said on Tuesday that the appointment was a part of a broader strategy to differentiate the company’s capabilities across energy and industrial markets.

The company added that Martin would redefine digital offerings, enabling Wood to harness technology that would further complement the company’s deep industry domain knowledge.

Also, new geographies and capabilities will be added to existing centers in Australia, the UK, and America.

Martin previously led a range of strategic growth initiatives at an independent end-to-end IT services and solution company.

Robin Watson, chief executive of Wood, said: “Digital leadership is key to Wood’s strategy. The fourth industrial revolution is disrupting global markets and we intend to be a key player in the technological innovation critical to addressing energy transition.

“We will continue to evolve to ensure our innovative capability extends across a range of end markets, within and beyond energy.”

Regarding the appointment, Martin added: “I am delighted to be given the opportunity to progress our digital footprint and accelerate the digital transformation of our services.

“Our world is changing faster than ever. Everything around us is becoming smarter and more digitally connected: cars, factories, ports, mines, refineries, roads, office buildings, and even entire cities will be wired together in new ways and this will fundamentally change how Wood does business in the future.”

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