Foster Wheeler AG has announced that, effective 1 January 2010, W Troy Roder will be promoted to the position of Chairman and Chief Executive Officer of Foster Wheeler Energy Ltd (FWEL), which is based in Reading, UK, and is the company’s largest subsidiary in its Global Engineering and Construction Group. Mr Roder is currently President and Chief Executive Officer of Foster Wheeler USA Corp., based in Houston, Texas. In assuming his new position at FWEL, Mr Roder replaces Michael Beaumont who has announced his intention to retire as Chairman and CEO of FWEL.