Retirement of Chief Executive Officer

RNS Number : 3016J

Fisher (James) & Sons plc

04 December 2018

 

4 December 2018

James Fisher and Sons plc

Retirement of Chief Executive Officer

James Fisher and Sons plc ("James Fisher") today announces that Nick Henry has informed the Board that he is to retire from the Company and step down as Chief Executive Officer by the end of December 2019 after 16 years with the Company, 15 of which have been as Chief Executive.

The notice he has given ensures there is sufficient time to allow a thorough search process to take place, both internally and externally, in order to allow a smooth transition of responsibilities. 

Malcolm Paul, Chairman of James Fisher, commented: "Nick's track record as Chief Executive speaks for itself. He has overseen strong organic growth, particularly in our Marine Support and Specialist Technical divisions, and successfully completed a number of niche acquisitions. Nick will continue to deliver our consistent strategy during the coming financial year as we manage the transition to a new leadership."

Nick Henry said: "I will be leaving James Fisher next year with a strong and experienced management team in place and in excellent financial and operational shape to take advantage of the many opportunities the Group has for further growth." 

There is no other information to be disclosed under paragraph 9.6.13R of the Listing Rules.

Contacts

James Fisher and Sons plc	Malcolm Paul Nick Henry Stuart Kilpatrick	Chairman CEO Group Finance Director	020 7614 9508
FTI Consulting	Richard Mountain		0203 727 1374

 

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