Speedy Hire PLC Chief Executive appointment (3472U)
August 01 2022 - 1:00AM
UK Regulatory
TIDMSDY
RNS Number : 3472U
Speedy Hire PLC
01 August 2022
Speedy Hire Plc
("Speedy", "the Company" or "the Group")
1 August 2022
Chief Executive appointment
On 11 May 2022 Speedy announced that, after seven years with the
Company, Russell Down would be retiring as Chief Executive. On
conclusion of a rigorous recruitment process for his successor that
considered both internal and high quality external candidates, led
by the Nomination Committee with the support of external
consultants, the Board is pleased to announce that Dan Evans will
join the Board as Chief Executive with effect from 1 October
2022.
Dan Evans is currently Chief Operating Officer and has been with
Speedy for 14 years. In his current role Dan is responsible for the
Group's operational performance in the UK and Ireland including
sales, business development and marketing.
Russell Down will step down from the Board and his role as Chief
Executive on 30 September 2022. In accordance with his contractual
term he will remain employed by Speedy until 10 May 2023 ensuring
an effective transition.
David Shearer, Chairman , said:
"I am pleased that after a thorough recruitment process
supported by external consultants that Dan Evans has been appointed
as Chief Executive. Dan knows our customers and the business well,
has performed exceptionally as Chief Operating Officer, and has
been integral to the development of our strategy with Russell and
the Board. I look forward to working closely with Dan on the
continuing execution of this growth strategy.
I would like to thank Russell once again for his significant
contribution as Chief Executive and wish him well for the
future."
This announcement is made pursuant to the Company's obligations
under Listing Rule 9.6.11.
There is no further information to be disclosed under Listing
Rule 9.6.13R.
Enquiries:
Speedy Hire Plc Tel: 01942 720 000
David Shearer, Chairman
MHP Communications Tel: 0203 128 8147
Oliver Hughes
Andrew Jaques
Inside Information : This announceme nt contains inside
information.
Notes to Editors: Founded in 1977, Speedy is the UK's leading
provider of tools, equipment and plant hire services to a wide
range of customers in the construction, infrastructure and
industrial markets, as well as to local trade and industry. The
Group provides complementary support services through the provision
of training, asset management and compliance services. Speedy is
certified nationally to ISO50001, ISO9001, ISO14001, ISO17020,
ISO27001 and OHSAS18001. The Group operates from c.200 fixed sites
across the UK and Ireland together with a number of on-site
facilities at client locations and through a joint venture in
Kazakhstan.
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END
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