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18/01/2016

Amec Foster Wheeler CEO Steps Down

Oil and gas services company Amec Foster Wheeler has announced its Chief Executive Samir Brikho is stepping down after nine years in charge.

It is understood Chief Financial Officer Ian McHoul has been appointed as interim CEO while the search begins for a new Chief Executive.

Mr Brikho said: "It has been a privilege to lead Amec Foster Wheeler at a time of huge change in the global energy and commodities market.

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"My aim has always been to help to create a leading integrated global service company capable of meeting our customer demands."

Company Chairman, John Connolly, said: "Samir has been the Chief Executive for over nine years and has made a significant contribution to our development over this period, including the re-shaping and re-focusing of the business at the start of his tenure to build up the global company Amec Foster Wheeler is today."

In the statement, the company added its 2015 trading results was in line with its expectations.

(LM/MH)

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