Wood Group PSN names new CEO

Dave Stewart has been appointed as chief executive officer (CEO) of Wood Group PSN (WGPSN). Effective April 2015, Stewart moves into this role from his previous position as UK managing director of WGPSN’s UK operations.

Stewart has more than 38 years of oil and gas experience and joined Wood Group 17 years ago. During this time Stewart has been responsible for the establishment of Wood Group’s duty holder business and creating WGPSN’s industrial services capability through the acquisition of Pyeroy Group Limited in 2013.

He is also on the leadership team of Step Change in Safety, co-chair for Human Factors and Competence steering group and board trustee for the Oil and Gas Chaplaincy.

In his new position, Stewart will focus on continued business efficiency and support WGPSN’s growth in the global oil and gas industry.

Dave Stewart said: “I am passionate about the company and committed to focusing on how we deliver collaborative, competitive and cost-effective solutions that enhance value for our clients in these challenging times.

“WGPSN is leading the charge in terms of understanding the measures required to safeguard the future growth of the oil and gas industry globally, and I look forward to taking on this challenge.”

He will report to Robin Watson who will take up his new position of Chief Operating Officer of Wood Group in April.

Robin Watson, chief executive of Wood Group PSN said: “Dave’s achievements during his time with WGPSN are testament to his passion and commitment towards the company and the wider industry. In 2014 WGPSN’s North Sea business, led by Dave, achieved over $1.5bn, accounting for 40% of Wood Group PSN’s overall revenue. I look forward to working with Dave to further strengthen and grow WGPSN’s global operations.”