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Private company

Foster Wheeler

Logo: http://www.ecc-sailing.com/2007/images/28.jpg, Non-free logo, via Wikipedia5

Swiss global engineering company

Foster Wheeler AG (formerly Foster Wheeler Inc.) was a Swiss global engineering conglomerate with its principal executive offices in Reading, UK and its registered office in Baar, Canton of Zug, Switzerland. Foster Wheeler was added to the NASDAQ-100 on 12 July 2007. On 13 November 2014 Foster Wheeler merged with Amec plc to form Amec Foster Wheeler.3 It ceased to exist in 2015.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1927Founded1
  • Industrychemical industry1
  • HeadquartersBaar1
  • Websitewww.fwc.com
  • Legal formAktiengesellschaft1
  • Listed onNasdaq1
  • Incorporated inDE6
  • Business addressPerryville Corporate Park, Clinton, Nj 08809-40006
  • LEI549300R0I788ZDBF0O064
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O The Corporation Trust Company, 19801-1120 Wilmington, United States4

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Foster Wheeler AG (formerly Foster Wheeler Inc.) was a Swiss global engineering conglomerate with its principal executive offices in Reading, UK and its registered office in Baar, Canton of Zug, Switzerland. Foster Wheeler was added to the NASDAQ-100 on 12 July 2007. On 13 November 2014 Foster Wheeler merged with Amec plc to form Amec Foster Wheeler. The resultant company was acquired by and merged into Wood Group in October 2017.3

The story

Foster Wheeler was formed in 1927 from a merger of the Power Specialty Company (which replaced American Water Works Supply Company, created by Pell and Ernest Foster in 1884) and the Wheeler Condenser & Engineering Company, which was created by Frederick Merriam Wheeler in 1891.

The company was originally based in New York City but later moved to Livingston, New Jersey and stayed there for nearly a quarter century before relocating to Clinton, New Jersey in 1987. In 2000, Foster Wheeler moved its incorporation to Bermuda and in 2008, it moved its incorporation to Switzerland.

The company was listed on the New York Stock Exchange in 1929.

On 26 February 2008 Foster Wheeler announced its acquisition of Biokinetics.

Foster Wheeler was acquired by AMEC plc in the second half of 2014 to form Amec Foster Wheeler. The acquisition coincided with a downturn in the price of crude oil which depressed the market for services to the energy industry and left the merged company with substantial debt. Amec Foster Wheeler was bought by and merged into Wood Group in October 2017. Wood Group was later sold to Sidara, a Dubai-based engineering and design firm, in 2025.

From Wikipedia’s article on Foster Wheeler, shared under CC BY-SA 4.0.7

Leadership

Who has led Foster Wheeler, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Bernard H. Cherry2006
  2. Raymond J. Milchovich2006–2009
  3. Gary T. Nedelka2009–2014
  4. Robert C. Flexon2009–2010
  5. William Troy Roder2010–2011
  6. Sala Umberto Della2010–2011
  7. Kent Masters2011–2015
  8. Roberto Penno2013–2014
  9. Samir Y. Brikho2014

Chair

  1. Sala Umberto Della2006–2007
  2. Raymond J. Milchovich2006–2009
  3. William Troy Roder2010–2011

President

  1. Raymond J. Milchovich2006–2007
  2. Sala Umberto Della2007–2013
  3. Robert C. Flexon2010
  4. Kent Masters2014
  5. Samir Y. Brikho2014

Chief financial officer

  1. Duc John T. La2006–2007
  2. Franco Baseotto2007–2014
  3. Ian P. McHoul2014

Chief operating officer

  1. Sala Umberto Della2007–2013
197019801990200020102020
Board members and other officers (41)

Products and brands

  • boiler

Listed on Wikidata.1

The company was focused on engineering, procurement, and construction management (EPC) contracting and power equipment supply. It comprised two business groups: a Global Engineering and Construction (E&C) Group and a Global Power Group.

Global E&C Group

The Global E&C Group designed, engineered and constructed leading-edge processing facilities and related infrastructure for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals & petrochemicals, pharmaceuticals, biotechnology & healthcare, environmental and power industries.

They owned technology in delayed coking, solvent de-asphalting, and hydrogen production processes. They also provided international environmental remediation services with related technical, engineering, design and regulatory services.

Global Power Group

The Global Power Group built, owned and operated cogeneration, independent power production, and waste-to-energy facilities as well as facilities for the process industries, providing electricity, steam, and feed stocks to industries and local grids.

From Wikipedia’s article on Foster Wheeler, shared under CC BY-SA 4.0.7

Timeline

  1. 2015Dissolved Dissolved1
  2. Nov 18, 2014New chief executive Samir Y. Brikho becomes CEO8
  3. Nov 12, 2013New chief executive Roberto Penno becomes CEO9
  4. 2011New chief executive Kent Masters becomes CEO1
  5. Dec 2, 2010New chief executive Sala Umberto Della becomes CEO12
  6. Jan 6, 2010New chief executive William Troy Roder becomes CEO11
  7. Nov 18, 2009New chief executive Robert C. Flexon becomes CEO14
  8. Jan 7, 2009New chief executive Gary T. Nedelka becomes CEO13
  9. Jan 30, 2006New chief executive Raymond J. Milchovich becomes CEO16
  10. Jan 4, 2006New chief executive Bernard H. Cherry becomes CEO15
  11. 1927Founded Founded1

SEC filer profile

How Foster Wheeler is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFOSTER WHEELER INC2
  • CIK0001244234
  • Employer ID (EIN)22-38006642
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Business addressPerryville Corporate Park, Clinton, NJ 08809-40002
  • Phone90873040002
  • On EDGAR sinceJul 15, 20032
  • Filings25 in all: 424B3 (8), S-4/A (7), POS AM (5), S-3/A (2), S-4 (2), S-3 (1)2

Sources

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