Mark Wood (businessman)

Gregory Mark Wood CBE (born 1953 in County Durham) has been at the helm of several financial services and technology start-ups, both in the UK and New York City.

Mark Wood
Born1953
County Durham, England, UK
CitizenshipBritish
OccupationChairman of Paternoster
ChildrenOne son, two daughters

Career

Wood began his career with the accountancy firm Price Waterhouse (PwC). He also held posts in Commercial Union, MAI plc, British & Commonwealth, and Barclays.[1]

After running the AA's insurance arm for three years, Wood was made chief executive of Axa Equity & Law. Buying into Sun Life put him in charge of a FTSE 100 company which subsequently bought Guardian Royal Exchange and set about integrating the group.[2] In 2001, Wood moved from Axa to join Prudential plc and became its UK and European Chief Executive.[3] In 2006, Wood's work in re-establishing Prudential plc as a leader in the UK insurance market became the subject of a case study by the International Institute for Management Development.[4]

In 2005 he founded and became chief executive of Paternoster; a regulated insurance company that takes on the risks associated with companies’ final salary/defined benefit pension schemes. The company received backing of £500 million, led by Deutsche Bank. In 2009, Wood became the deputy chairman.

He is chairman of Digitalis, which specialises in Online Reputation Management;[5] and audit committee chairman and non-executive director of the RAC Limited.[6] He was formerly chairman of Beta London Advertising and Lloyds Insurer Chaucer PLC.[7] He was CEO of Jardine Lloyd Thompson Employee Benefits[8] from 2011 to 2014. He is a regular commentator in the press on pensions and insurance. Wood is also chairman of PensionBee Limited, Acquis Insurance, Utility Bidder, and Leakbot.[9][10]

In 2010, Wood received an honorary doctorate in business administration from Anglia Ruskin University.[11]

Charity work

Wood is the former chairman of the NSPCC (National Society for the Prevention of Cruelty to Children), serving for nine years until he left the role in October 2019.[12][13] He also ran the Full Stop campaign to raise £280m through events such as a dinner with Bill Clinton and Elton John in St Petersburg.[14]

Woods is a Trustee at the Brooklands Museum in Surrey[15], and also sits on the Appeal Board of the Multiple Sclerosis Society.[16]

Wood was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to children and young people for his work with the NSPCC.[17]

gollark: I can go check the server now for any extra noise prevention.
gollark: But it records *graphs* of CPU usage! Graphs! Also, I could hear the fans from this room if it was in jet engine mode.
gollark: I can tell it's not doing anything particularly intensive now, because the CPU usage graphs show less than 1% and if it were very high the fans would enter jet engine mode.
gollark: ++become_sentient
gollark: Oops. I restarted it and it stopped using that much, so I guess I killed it?

References
  1. "Paternoster chief 'Chopper' carves out his success". 2008-02-16. ISSN 0307-1235. Retrieved 2020-03-05.
  2. "Paternoster Chief Chopper Carves out his success", The Telegraph, 2008-02-16, retrieved 2010-12-10
  3. "Prudential lures Mark Wood from rival Axa to run European arm", The Independent, 2001-02-22, retrieved 2010-12-10
  4. "Prudential UK: Rebuilding a Mighty Business". Harvard Business Review. Retrieved 2014-11-04.
  5. "Mark Wood CBE". Digitalis. Retrieved 2020-03-05.
  6. "Our directors". www.raccorporate.co.uk. Retrieved 2020-03-05.
  7. "Directors", Chaucer, archived from the original on 2010-09-12, retrieved 2010-12-10
  8. "Jardine Lloyd Thomson Group". Bloomberg Businessweek. Retrieved 2014-11-04.
  9. "» Acquis appoints Mark Wood as Chairman". www.acquisinsurance.com. Retrieved 2020-03-05.
  10. "Brooklands Museum :: Brooklands Museum Trustees". www.brooklandsmuseum.com. Retrieved 2020-03-05.
  11. "Mark Wood, Honorary Doctor of Business Administration". Anglia Ruskin University. Retrieved 2014-11-04.
  12. "Board Of Trustees, the Council and the Executive Board", NSPCC, retrieved 2010-12-10
  13. "Who's moving: Turning Point, London Marathon Events, NSPCC and more". www.civilsociety.co.uk. Retrieved 2020-03-05.
  14. "Paternoster Chief Chopper Carves out his success", The Telegraph, 2008-02-16, retrieved 2010-12-10
  15. "Brooklands Museum :: Brooklands Museum Trustees". www.brooklandsmuseum.com. Retrieved 2020-03-05.
  16. "Stop MS Appeal Board". www.mssociety.org.uk. Retrieved 2020-03-05.
  17. "No. 61962". The London Gazette (Supplement). 17 June 2017. p. B10.
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