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Driver Group

Driver Group plc - Board and Senior Management Changes

RNS Number : 6064O
Driver Group plc
02 June 2020
 

2 June 2020

DRIVER GROUP PLC

("Driver" or "the Group") 

Board and Senior Management Changes

Driver Group plc, the global professional services consultancy to the construction and engineering industries, today announces that its Group Chief Executive Officer, Gordon Wilkinson, has left the Company with effect from 31 May 2020 by mutual agreement and with the good wishes of the Board and senior executive team.  

Gordon will be succeeded as Group Chief Executive Officer by Mark Wheeler, currently Group Chief Operating Officer.  Mark has spent 14 years with Driver Group, the last four as Group COO and has an unrivalled knowledge and understanding of the Company's global operations. John Mullen, a leading Quantum expert, will also be appointed to the Group Board with immediate effect as a Non-Executive Director.  John has been with Driver Group for over 30 years and is in the Board's view one of the most respected quantum experts in the world.

Steve Norris, Chairman of Driver Group, said: "In the four years that Gordon has led the Company he has overseen the transformation of the business from a challenging financial position to one which is now consistently profitable, has cash reserves and, before the current Covid 19 crisis, had recommenced the payment of dividends.  In 2018 Gordon accepted the Large Company Turnaround of the Year award from the UK Institute for Turnaround. A great job well executed. He now leaves us with our thanks and good wishes.

"I am confident that the new leadership team headed by Mark Wheeler and ably supported by our Chief Financial Officer, David Kilgour, will lead Driver Group to further successes in the future."

Gordon Wilkinson, outgoing Group Chief Executive, said: "I am immensely proud of the turnaround which has been achieved over the last four years, which has placed Driver Group in a strong position as the country comes out of lockdown. I would like to thank the shareholders for the faith they placed in me during this period, and am certain that their loyalty to Driver Group during difficult times will be well rewarded."

 

Enquiries:

Driver Group plc                                            

Steve Norris (Chairman)                                      

Mark Wheeler (CEO)

David Kilgour (CFO)   

                    

020 7377 0005

N+1 Singer - Nominated Adviser

Sandy Fraser

 

0207 496 3000 

 

Acuitas Communications- Financial PR

Simon Nayyar

Fraser Schurer-Lewis

020 3687 0868

simon.nayyar@acuitascomms.com

 

fraser.schurer-lewis@acuitascomms.com

 

Regulatory disclosure - The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

Information required under Schedule 2(g) of the AIM Rules for Companies

John Prentice Mullen, aged 60, is also a Director of Mullen Consult Limited. John holds 2,062,428 ordinary shares in the capital of Driver Group (3.95%).

Save as disclosed above, there are no matters which are required to be disclosed with regards to the appointment of John Mullen in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

 

 

 

 

 


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