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Appointment of Managing Director, Power Solutions

28th Oct 2015 07:00

RNS Number : 6308D
Aggreko PLC
28 October 2015
 

28 October 2015

 

Aggreko plc

Appointment of Managing Director, Power Solutions

 

 

Aggreko is pleased to announce the appointment of Nicolas Fournier as Managing Director, Power Solutions, with effect from 2 November, 2015. This announcement follows the reorganisation, announced on 22 June, to move from a regional structure to two separate business units: Rental Solutions and Power Solutions.

Nicolas brings over 25 years of international experience in different industries across Europe, Asia and the Middle East, including 20 years for Lafarge where his roles included Strategic Projects, Regional President Cement, Central Europe & CIS and CEO Gypsum Asia. Nicolas has a proven ability to establish, lead and grow businesses in both developed and emerging markets.

 

Chris Weston, Chief Executive of Aggreko, said: "Nicolas has relevant experience in emerging markets and the industrial sector in particular, which combined with his leadership skills and ability to drive improved business performance will bring further expertise to Aggreko. I am delighted to be able to welcome him to the Group and look forward to working together on delivering our business priorities."

 

Enquiries to:

Investors & Analysts

 

Louise Bryant, Aggreko plc

+44 7876 478 272

 

 

Media

 

John Sunnucks / Lorna Cobbett, Bell Pottinger

+44 20 3772 2500

 

    

 

Notes to Editors:

Aggreko plc is the leading global provider of modular, mobile power and adjacent product solutions. Aggreko employs over 7,700 people operating from 211 locations. In 2014 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.6bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L) and is headquartered in Scotland.

In the Rental Solutions business, we operate in developed markets and develop solutions for, and hire our equipment to, customers who then operate it for themselves, although we retain responsibility for servicing and maintaining it. We operate across all sectors in the market, but are heavily involved in oil and gas, petrochemical and refining, mining and events.

In the Power Solutions business, we operate in emerging markets as a power producer. We install and operate modular, mobile power plants for both utility and industrial customers and we charge both for providing the generating capacity, and for the electricity we produce. In our Industrial business, as in Rental Solutions, we are market leaders in oil and gas, petrochemical and refining and mining, whilst our utility business helps countries solve their power shortages.

We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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