Ian Wood & family

Net worth over time

Biography

• Ian Wood transformed a family-owned fishing business based in Aberdeen, Scotland into John Wood Group, a multinational oil services company listed on the London Stock Exchange.
• He joined the firm in 1962, became CEO in 1967 and took the business public in 2002. He later served as chairman before retiring in 2012.
• Under his watch, John Wood Group expanded its operations to over 50 countries and had over 60,000 employees.
• Wood and his family have sold much of their stake in the company over the years, diversifying into other investments.
• Wood is believed to be the only Scot to hold both a KT and GBE, Scotland's high order of chivalry and the highest rank in the Order of the British Empire.
• Wood helped set up Opportunity North East, an economic development agency that aims to revitalize and diversify Aberdeen's oil-dependent economy.

Financial assets