What is the current status of Wood Group's chairman?

Wood Group's chairman, Roy Franklin, plans to step down after the company's future becomes clearer, but he will stand for re-election at the annual general meeting.

Why were Wood Group's shares suspended from trading?

Wood Group's shares have been suspended from trading since May 1 due to the company's failure to file its annual results for 2024, which is pending an audit conclusion.

What is the deadline for the Sidara takeover offer?

The deadline for Sidara's takeover offer has been extended to June 12, as announced by Wood Group earlier this month.

When will Wood Group's 2024 accounts be ready?

Wood Group has stated that its 2024 accounts will not be ready before June 30.

When is Wood Group's annual general meeting scheduled?

Wood Group's annual general meeting is set to be held on June 18.

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Home > Finance > UK's Wood Group chair plans exit pending strategic clarity

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UK's Wood Group chair plans exit pending strategic clarity

Published by Global Banking & Finance Review®

Posted on May 23, 2025

1 min read

Last updated: January 23, 2026

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UK's Wood Group chair plans exit pending strategic clarity

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Wood Group Chairman Roy Franklin to Depart Amid Strategic Review

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