Amec Foster Wheeler – one year on
Samir Brikho, Chief Executive
Today marks one year since the creation of Amec Foster Wheeler and the integration process is now formally closed out. Due to diligent planning, excellent execution and the hard work of everyone involved, we have recorded positive results in all but one of our integration success criteria. This is a good time to take stock of what we have achieved so far and to look ahead to the future.
Prior to the deal, we had a clear rationale for the merger; we also had ambitious objectives and a strategic vision for the new company. By combining both businesses we acquired broader capabilities and geographic reach, and as Amec Foster Wheeler, we have won work that we would not have seen as separate companies. Over the past months, we have built a strong culture, focused on vision, values, behaviours and our people, their development and aspirations. In addition, many of our clients see the combination as a positive move to ensure future success.
Our integration efforts have been recognised by our peers, the wider business community and the communications industry who have awarded us several plaudits during the year.
Amec Foster Wheeler has been on a remarkable journey over the last 12 months that has brought many achievements and some lessons learned along the way. We are now one year old but our heritage remains important, especially in these challenging times. Our rich history stretches back over 150 years and we have weathered storms like those we face today by being flexible and adapting to new conditions. As we continue our journey, the transformation we have experienced in this last year will carry forward into building our successful, sustainable future.
Meet the blogger
Prior to joining Amec Foster Wheeler, Samir was a member of the group executive committee of ABB Ltd., Switzerland, Head of the Power Systems Division and Chairman of ABB Lummus Global, ABB’s international projects and services business. Samir holds an engineering degree, a Master of Science in Thermal Technology from the Royal Institute of Technology in Stockholm, Sweden, and completed the YMP Program at INSEAD in France in 1991. In 2000 he also completed a senior executive programme in Stanford, US and in 2015 he was awarded an honorary doctorate from Cranfield University.
Term of office
Samir was appointed Chief Executive on 1 October 2006 and has no fixed term of office. His service contract is terminable on six and twelve months’ notice by him and the company respectively.
Samir currently sits on the Advisory Board of Stena AB and is an independent non-executive director of Skandinaviska Enskilda Banken AB (SEB). He is a Fellow of the UK’s Royal Academy of Engineering and is a director of the United Kingdom-Japan 21st Century Group. He is also co-chair of the UAE-UK Business Council and the UK-Korea Global CEO Forum. He has acted as chair of the World Economic Forum’s Disaster Resource Partnership and is currently co-chair of the World Economic Forum’s Infrastructure & Urban Development Industries Committee. He is a UK Business Ambassador and chaired Offshore Europe in 2011.