Foster Wheeler Appoints New CEO, Upstream Oil and Gas Group
Foster Wheeler has appointed Clive Vaughan, 54, to the newly created post of Chief Executive Officer, Upstream Oil and Gas Group, in the company's Global Engineering and Construction Group, effective December 7, 2009.
Vaughan joins Foster Wheeler from Endeavour International, where he was Director of Facilities Engineering and New Developments for all Endeavour projects. Prior to this position, he worked for Granherne Ltd, which is a division of KBR and which is a global energy-industry engineering company and consultancy headquartered in the United Kingdom. Granherne has operations in North America and Russia -- and in Australia, where Vaughan had most recently been the managing director. Prior to joining Granherne in 1999, Vaughan had held various engineering and management positions with Saipem, BHP (Hamilton Brothers Oil & Gas Ltd), McDermott, British Gas Corporation and other firms. He holds a Bachelor of Science degree in Chemical Engineering from the Polytechnic of Wales. He is a member of the Institution of Chemical Engineers, the Society of Petroleum Engineers and is a Chartered Engineer.
"Clive is a tremendously knowledgeable leader with a track record of effectively building an engineering business in the upstream oil and gas area -- an area that remains Foster Wheeler’s number-one growth priority," said Foster Wheeler's President and Chief Operating Officer Umberto della Sala. "We believe the company has reached critical mass in upstream oil and gas due to our recent acquisitions. Clive will be based in Foster Wheeler's Houston office and his role will be to further expand this platform through organic growth and additional acquisition activity, also leveraging the global sales, marketing and operations network of our E&C organization."
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