Wood Group PSN appoints new CFO
ABERDEEN, Scotland, May 1, 2013
ABERDEEN, Scotland, May 1, 2013 /PRNewswire/ --Wood Group PSN (WGPSN) has
appointed a new chief financial officer (CFO). David Kemp joins Wood Group's
largest division from Trapoil, an independent E&P company where he was
financial director. He replaces Duncan Skinner, who is retiring from the
Born in Thurso, in the Scottish Highlands, Mr Kemp is a chartered accountant
who started his career with Price Waterhouse (now PwC) in 1992. This preceded
a decade with Amerada Hess in roles spanning operations, finance, commercial
and planning in the UK. Following this he led Simmons Co International's
exploration and production (E&P) team in Aberdeen, before taking up the role
of CFO North Sea and Canada for Technip S.A.
In 2008 he founded Trapoil, alongside three other directors. He held the role
of non-executive chairman for more than three years. In March 2011, when
Trapoil floated on AIM, raising £60million (GBP), Mr Kemp became financial
director. He was responsible for leading the acquisition of Reach Oil and Gas,
interests in the Athena field, and Knockinnon, Orchid and Trent East
discoveries. During this time, the company also drilled four wells, making two
As CFO of WGPSN's global business, Mr Kemp, an Aberdeen University graduate,
is responsible for all aspects of the company's finance, administration,
commercial, IT, real estate and legal services. His appointment was effective
April 15, 2013. He reports directly to WGPSN's chief executive, Robin Watson.
Speaking about this appointment, Mr Watson said: "David's operations and
financial experience in managing large oil & gas portfolios, coupled with his
entrepreneurial knowledge of the global trade and acquisitions market, makes
him a highly skilled and respected financial professional.
"My vision for WGPSN centres on growth in regions such as the United States,
Western Canada, the Caspian, Australia and of course the UK. Expansion into
new markets and the extension of our services portfolio will play a key part
in achieving this. David has the experience, skills and attributes to lead and
influence the realisation of our growth plans. He is a highly valuable
addition to our leadership team."
Mr Kemp lives in Aberdeen with his wife Ann and three daughters.
SOURCE Wood Group PSN
Contact: Kerry Sedge, Communications Manager, Wood Group PSN, Tel: +61 4 175
78000, email: firstname.lastname@example.org or Kenna Blackhall, UK Communications
Lead, Wood Group PSN, Tel: 01224 777014, Mobile: 07780 928878, email:
email@example.com or Carolyn Smith, Corporate Communications
Director - Eastern Hemisphere, Wood Group, Tel: 01224 851099, email:
firstname.lastname@example.org or Bobbie Ireland, Corporate Communications
Director - Americas, Wood Group, Tel: +1 281 828-3505, email:
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