He served as president of the University of Massachusetts (1970-1977), overseeing expansion of programs, including construction of a campus in south Boston.
From 1965 to 1969, Wood served as the Under Secretary of the newly created Department of Housing and Urban Development under President Lyndon B. Johnson.
Following the resignation of Robert C. Weaver as Secretary of HUD, Wood served briefly in the position for two weeks before George Romney took office.
During these years, Wood led the expansion of the university, to include UMass Medical Center in Worcester and its Boston campus.
He also played a key role in bringing the John F. Kennedy Library and Museum to its site at Columbia Point, next to UMass-Boston.