logo-loader
Ashtead Group

Ashtead appoints Paul Walker as new chairman

The FTSE 100-listed equipment rental company said Chris Cole, who has been chairman of Ashtead since 2007 and previously as non-executive director, will retire from the company on September 11

handshake
In lunchtime trading, Ashtead’s shares rose 0.59% to 2,226.00p

Ashtead Group PLC (LON:AHT) has announced the appointment of Paul Walker as a non-executive director and chairman designate as of 2 July 2018.

The FTSE 100-listed equipment rental company said Chris Cole, who has been chairman of Ashtead since 2007 and previously as non-executive director, will retire from the company on 11 September and Paul Walker will assume the role of chairman on this date.

READ: Ashtead profits gain as US hurricanes boost revenues

The company said Paul Walker is currently non-executive chairman of Halma PLC (LON:HLMA) and a non-executive director of Experian PLC (LON:EXPN) and Sophos Group PLC (LON:SOPH). He was CEO at the Sage Group PLC (LON:SGE) from 1994 to 2010 and has previously served on the boards of Diageo plc (LON:DGE) and Mytravel Group PLC.

Geoff Drabble, chief executive of Ashtead, said: “I would like to welcome Paul to the Ashtead Board and look forward to working with him on the ongoing delivery of our successful strategy to grow the Group through a combination of organic growth and acquisitions.”

In lunchtime trading, Ashtead’s shares rose 0.59% to 2,226.00p.

Quick facts: Ashtead Group

Price: £20.91

Market: LSE
Market Cap: £9.67 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Zena Pay looks to help cannabis industry navigate the...

Fig House communication’s Dave Carter joined Steve Darling from Proactive Vancouver to discuss Zena Pay. They provide software solutions that specialize in payment, plant tracking, cannabis business management software, supply chain management, compliance management and government auditing...

1 day, 4 hours ago

2 min read