Directorate Change

RNS Number : 0344E

Fulcrum Utility Services Ld

07 May 2013

 



7 May 2013

Fulcrum Utility Services Limited

Director Change

Appointment of Interim Chief Executive

Fulcrum Utility Services Limited ("Fulcrum" or "the Company") today announces the appointment of Martin Donnachie as Interim Chief Executive. This follows the departure of Chief Executive John Spellman, who is stepping down from the Company with immediate effect.

Martin will serve as Interim Chief Executive for a minimum of six months whilst Fulcrum seeks the appointment of a full time Chief Executive to lead the business in the long term. Martin will be supported by the existing established management team, ensuring a smooth transition for the business.

Martin brings to the Company considerable experience gained from a range of interim leadership roles and, prior to that, 12 years of experience in the house building and construction services sectors, most recently with George Wimpey plc and Rok plc.

Phil Holder, Chairman, said, "I would like to thank John for his work with the Company over the last three years.  The Board is committed to helping the Company deliver its strategy and I look forward to working with Martin and the senior management team to continue to build Fulcrum into a leading utility services business underpinned by first class engineering expertise and exceptional customer service."

[ENDS]

Enquiries:

Cenkos Securities plc                     (nominated adviser and broker)

Stephen Keys / Adrian Hargrave    [phone]                                  

College Hill                                       (financial PR)

Toby Bates / Chantal Hadley           [phone]

Notes to Editors:

Fulcrum is an energy solutions company based in Sheffield, UK. The Company's primary business is the provision of unregulated utility connection services to the residential, commercial and industrial markets throughout the UK. These range from the design, installation or alteration of connections for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, operating pipelines that connect over 28,000 properties to the main UK gas network. 

 

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