Speedy Hire PLC Appointment of Chief Financial Officer (5231D)
22 Juni 2023 - 8:00AM
UK Regulatory
TIDMSDY
RNS Number : 5231D
Speedy Hire PLC
22 June 2023
Speedy Hire Plc
("Speedy", "the Company" or "the Group")
Appointment of Chief Financial Officer
Speedy Hire Plc, the UK and Ireland's leading provider of tools,
specialist equipment and services, is pleased to announce the
appointment of Paul Rayner as Chief Financial Officer ("CFO") and
executive director with effect from 1 July 2023.
Paul joined Speedy in the role of interim CFO with effect from 1
November 2022. His appointment to the permanent position follows a
comprehensive recruitment process supported by external
consultants. Paul is a Fellow of The Institute of Chartered
Accountants with over 25 years' experience in senior financial
roles including interim and permanent roles respectively on the
main board of FTSE listed companies Avon Protection PLC and
Chemring Group PLC.
Dan Evans, Chief Executive said:
"I am pleased Paul is joining the Board as Chief Financial
Officer on a permanent basis. He has settled in well during his
time as an interim and will be invaluable in supporting the
delivery of our new Velocity strategy."
Pursuant to Listing Rule 9.6.13 it is disclosed that Paul Rayner
was a director of the following companies at the time or in the 12
months preceding the administration of FL Realisations 2021 Limited
and creditors voluntary liquidations of FMGH 1 Limited, FMGH 2
Limited and FMGH 3 Limited (all being companies within a group of
companies at the time), following the distressed sale of the
underlying business as a result of the impact of COVID 19 on
trading. No further information is required to be disclosed
pursuant to that Listing Rule in respect of Paul Rayner's
appointment as a director of Speedy.
Enquiries:
Speedy Hire Plc Tel: 01942 720 000
David Shearer, Chairman
Dan Evans, Chief Executive
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END
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