Fisher (James) & Sons plc Appointment of new Chief Executive Officer (5775E)
July 05 2019 - 1:00AM
UK Regulatory
TIDMFSJ
RNS Number : 5775E
Fisher (James) & Sons plc
05 July 2019
5 July 2019
James Fisher and Sons plc (FSJ.L)
Appointment of new Chief Executive Officer
Notification made in accordance with Rule 9.6.11(3) of the
Listing Rules.
James Fisher and Sons plc, the leading marine services provider,
announces that Eoghan O'Lionaird will be appointed to the Board
with effect from 1 September 2019.
Eoghan will become Chief Executive Officer on 1 October 2019 at
which point Nick Henry, who has been CEO for the last fifteen
years, will step down from the Board. Nick will however remain
employed by James Fisher until 31 March 2020 to ensure a smooth and
effective transition of responsibility.
Eoghan was selected after a rigorous search process led by an
Executive Search firm involving both internal and external
candidates. Eoghan has been Divisional CEO and a member of the
Executive Committee at his current employer, Spectris Plc, a FTSE
250 company supplying precision instrumentation and controls. Prior
to joining Spectris, Eoghan held senior management roles at Danaher
Corporation and Royal Philips Electronics. An engineer by
background, Eoghan started his career in Japan with technical,
marketing and management roles at Mitsui Kinzoku.
Malcolm Paul, Chairman of James Fisher, said:
"After a thorough search process, I am delighted that Eoghan
O'Lionaird has agreed to join James Fisher as its new CEO. Eoghan
has gained significant business experience in growing decentralised
businesses both through organic and acquisitive strategies. A
strong motivational and results driven leader, Eoghan has a history
of creating highly engaged teams, which suits the James Fisher
culture, and with excellent international business experience he
has the drive to help take the Group to the next level. I am very
pleased that we have been able to attract someone with his track
record and I look forward to working with Eoghan and the Executive
Team to continue to deliver the excellent growth potential inherent
within our business."
In accordance with Listing Rule LR 9.6.13 (1) Eoghan has held no
other directorships in any other publicly quoted company at any
time in the previous five years. There is no further information to
disclose in respect of LR 9.6.13. Eoghan does not have an interest
to be disclosed in the shares of James Fisher.
Contacts
Chairman
James Fisher and Malcolm Paul Group Finance
Sons plc Stuart Kilpatrick Director 020 7614 9508
FTI Consulting Richard Mountain 020 3727 1374
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END
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