Member Info for Bob182071

Poker,

It wasn’t known Ken was going to step down whatsoever. Please stop lying, absolutely disgusting trait on a person. You seem to be getting more unhinged as we go on here, maybe lying is all you’ve got left.

Kando,

Why would you wish for a recovery from a short position? That’s some real mental gymnastics that you’re pulling there.

I suppose I’m short too by this logic 😆😆😆

They are busy doing migration to all Siemens systems etc and they’ve been told it’s probably a couple of months away from completion until they’ve done a lot of internal stuff that comes with a takeover.

Ice, one of my close friends is an accountant for RWG and been with them for 22 years. He says the acquisition is still a couple of months away before hitting my man 👍🏻

Hi Mate,

My pals up at HQ on Monday were very bullish before the results were released. I won’t parrot ice whatsoever, but general sentiment and hope amongst the workforce is that’s there’s a path here to get out the other side without the support of the Middle East. Wood have employed an external risk management team in the last 6 weeks to conduct some kind of review of the implications of a solo route back to growth and success. I’ve got no clue what that’s yielded to be honest but my pal works in risk management within Wood and have been working closely with the team. I’ll keep my ears to the ground and report as always.

Hope everyone is well and let’s see how this unravels.

Seriously poker, before dishing out advice, have a look at how unhinged your posts are getting. Calm down, let everything unravel and what shall be shall be.

Relax man. Good things are coming. 😀

Kando,

I don’t have a short position. I’m going to lose money more than likely out of this and that’s widely accepted (how much depends on what proceeds today’s announcements and what follows).

All good dude, only gamble what you can afford to lose 👍🏻👍🏻

I accept this proposal.

I’m keen to understand the whereabouts of mental state of Kando at this time. First order of business is let’s get a search party organised to locate him.

Word in the office this afternoon is there’s going to be more joining Ken and it’ll be very soon.

If you didn’t see the changes being made at senior management level a few months ago and now moved upwards to board level, thats up to you. I’m being told he won’t be the only board member along with Franklin out the door.

They should all be purged and allow confidence to be restored in the markets. You get a new set of people onboard, then negotiations and trust can then be rebuilt with the money men.

Poker,

Ken hasn’t stood down, he was pushed. Confirmed.

They’re trying to do a bit of word spinning to give him credibility, but the truth of he’s had none for quite a while now.

Hahahaha, yes mate. You can take this one for now.

A bit devastated I left the company now with this news, but my new role is really refreshing and never say never in future. I really hope that they do find a path to recovery away from Sidara, lot of really highly skilled and good people in that place and would be a real shame to see it becoming a firesale in future 🤞🏻🤞🏻

Just saddened that people won’t have the opportunity to get the pitchforks out and escort that horrible cnt out the door. An odious individual.

Falcon,

I’m alright mate. No, about 6 weeks into my new role but was sitting at my desk this morning and my mobile was going nuclear with updates from folk that still work on the confines of SIWH. An unexpected surprise this morning, but it appears to have injected a lot of hope and enthusiasm at HQ. I’ve been told he’s going to be conducting the handover period away from HQ, which says everything you need to know about the man and how people feel about him. I’ve said it from the off that this man is a disgrace and attempting pressure tactics via email have opened peoples eyes to what was going on and the attempts from Franklin and Ken to shut down dissenters.

Anyhow, what shall be shall be at this juncture. But you’ve had one man who’s been consistent with his belief that a reset would allow this institution to return to greatness and although that may still not happen, he’s called a board reset correctly.

Someone has been flexing their muscles in a financial boardroom the last month and Ken the snake clearly is not a credible option for them.

Now all options are open. Let’s see what happens.

Well I’ve been informed there’s real scenes of jubilation at HQ this morning ICE. Lots of people walking around with an extra spring in their step.

As for Ken, this is a good news morning . The disgusting slimeball is getting the most basic of wording in his send off which really speaks volumes. That man should never be allowed in senior echelons of any company ever again. Let’s see what unfolds off the back of this.

Offer 4: Ken Gilmartin and Roy Franklin to be slung up outside Sir Ian Wood House to face shareholder wrath only.

Voting is open now people.

Axel,

I know there’s people on here that are either Sidara loyalists or just want out for a quick profit. No issue with whatever anyone wants to do at this juncture. But I’m holding firm and what shall be shall be.

They are just tightening the screws with their language and wording of this stuff to try and force everyone into the corner. I’m not going to be buying it, until I see it for my own eyes. Seems like an exercise in compliance and to see if the board can round up the cattle to follow their agenda at this point.

Good luck to all whatever you choose to do. I’m holding the fkn line. I’m wondering at what point somebody sees criminal wrongdoing here. Hopefully it’s soon.

I’m voting against this board if it means that I lose me entire investment now. To each to their own but until fill audited accounts are released, anything that this shambles of a board are releasing is being treated with complete contempt.

So you’re sitting here telling us that they’ll just roll over without any review of the full audited figures and “want out”.

My missus works for an institution in risk management. She doesn’t seem to think what you’re saying will happen or even remotely close to happening. They’ll have teams ready to dissect the numbers and then determine what they think is the best course of action against their investment.

Sounds like you are speaking nonsense but you’re not the only one.

Maximising revenue synergies

By aligning complementary capabilities and resources across our geographies, we can deliver integrated solutions more effectively - leveraging the best of Wood to deliver for our clients across the full lifecycle. This includes creating opportunities that flow not only into Projects, but also into Operations, ensuring we maximise commercial impact across the portfolio.

Improving client pull-through

Bringing Projects and Consulting closer together will better support Consulting in becoming a growth engine for Wood. Importantly, Consulting will continue to work closely with Operations, ensuring seamless client experiences from concept through to asset optimisation. This will drive client pull-through, strengthen relationships, and expand our impact across the business.

Enabling the Consulting proposition

Consulting remains core to Wood’s strategy and differentiation. Our Consulting teams are central to early project development, deploying digital solutions, and delivering specialist engineering across the project lifecycle – shaping opportunities that benefit our whole business.

Ultimately, this alignment will help us:

Strengthen our market position

Simplify our operating model

Deliver consistent, high-quality results across the full lifecycle of client projects

This change helps position Wood as we continue to evolve and build a more connected, efficient and client-focused organisation.

Ken trying to sound competent will never not be funny.

Strategic alignment of Consulting & Projects

Gilmartin, Ken

Chief Executive Officer

2 min read

In a move designed to strengthen portfolio alignment and deliver seamless client experiences across Wood, I am pleased to share that Consulting will join Projects to form the newly expanded Consulting & Projects business unit.

This strategic alignment brings together the strengths of our Consulting and Projects teams to deliver more integrated, end-to-end solutions for our clients, while continuing to work in close partnership with Operations to maximise growth across the full asset lifecycle.

Consulting will report separately. This ensures continuity while enabling deeper collaboration across the portfolio.

As Wood continues its strategic transformation, Azad Hessamodini, Executive President of Consulting, has decided to leave to pursue other opportunities. During his 14 years with Wood, Azad contributed significantly to our consulting capabilities. I know those of you who have worked with Azad will join me in thanking him for his significant contributions and wishing him well for the future.

I am pleased to share that Dan Carter will assume leadership of Consulting, reporting to Nick Shorten as part of the Consulting & Projects business unit leadership team.

As we continue to evolve and position Wood for long-term success, this move is designed to drive greater value for our clients, our people, and our business. Here's why:

Yellowrose

Could feel it going out the door a month or so ago now. The workforce appeared to be approaching the enough is enough phase and was always going to lead to something of a revolt. Good on them, that board are an absolute disgrace and I hope they all get what’s coming to them.

Keep us updated with progress. But good signs of some pushback finally on the horizon. Be amazing if II’s voted this stone dead on the release of figures.