Wood Group CFO quits over incorrect CV but wins Shell UK contract extension
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John Wood Group PLC's CFO resigned after inaccuracies in his CV were discovered. Despite this, the company secured a contract extension with Shell UK.
February 20, 2025 | 1:30 pm
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Shell UK extended its contract with John Wood Group despite the latter's CFO resignation over CV inaccuracies.
The news primarily concerns John Wood Group's internal issues, but the contract extension with Shell UK suggests stability in their partnership. This is neutral for Shell as it does not directly impact its operations or financials.
CONFIDENCE 90
IMPORTANCE 30
RELEVANCE 50