Ian Wood

Ian Wood, 84, died on July 26, 2026. Ian Wood was known publicly as a Scottish engineering and consulting executive and founder of the Wood Group. Sir Ian Clark Wood (21 July 1942 - 26 July 2026) was a Scottish billionaire businessman and philanthropist. He was best known for his work in the North Sea oil industry with Wood Group, which he was largely responsible for transforming from a company of modest size, serving a primarily local market, to a large corporation with operations in over 50 countries. He served as Wood Group's chief executive from 1967 to 2006, and as chairman until 2012. Wood was one of Scotland's wealthiest people, with an estimated net worth of around £1.7 billion (2020). In 2007, Wood and his immediate family set up The Wood Foundation, a venture philanthropy organisation. Public biographical listings identify Wood as a Scottish engineering and consulting executive. Wood was also associated with founder of the Wood Group. This public record remains centered on Wood's work as a Scottish engineering and consulting executive and founder of the Wood Group and the documented milestones of that career.