Briko, who masterminded Amec’s transformation into a major global engineering construction consultant, will be replaced in the inyerim by finance chief Ian McHoul while the search is on for a new chief executive.
John Connolly, Chairman, said: “Samir has been the chief executive for over nine years and has made a significant contribution to our development over this period, including the re-shaping and re-focusing of the business at the start of his tenure to build up the global company Amec Foster Wheeler is today.
“On behalf of the board and everyone at Amec Foster Wheeler I thank Samir for his commitment and contribution. We wish him the best for the future.”
The company, which has been struggling with falling oil prices, said 2015 trading was in line with expectations, and that trading for 2016 had started in line with expectations.
The refinancing of the Company’s credit facilities is progressing to plan.
Samir Brikho said: “It has been a privilege to lead Amec Foster Wheeler at a time of huge change in the global energy and commodities market.”
“My aim has always been to help to create a leading integrated global service company capable of meeting our customer demands.”