Ian Wood (businessman)

[citation needed] The Union Terrace Gardens project was passed by referendum[8] but was later rejected by the council.

The Foundation applies the principles of venture philanthropy, investing both money and expertise to achieve systemic change.

Wood was promoted to Knight Grand Cross of the Order of the British Empire (GBE) in the 2016 Birthday Honours for services to the oil and gas industry.

[13] According to the Sunday Times Rich List in 2020, Wood is worth an estimated £1.7 billion, a decrease of £54 million on the previous year.

[18] In 2011, Wood Group transferred North Sea staff to a company in a tax haven apparently to avoid employer national insurance contributions, a move criticised by Scottish politicians, while union official Jake Molloy described it as “morally and ethically contemptible”.