Appointment of CEO

RNS Number : 7979F

HSS Hire Group PLC

22 May 2017

 

22 May 2017

HSS Hire Group plc

Appointment of CEO

HSS Hire Group plc ("HSS") is pleased to announce that Steve Ashmore will join the Group as Chief Executive Officer on 1 June 2017.

Steve brings considerable leadership experience and consistent delivery of growth and value in a range of industries complementary to HSS including building products supply, logistics and distribution.  

Steve previously held a number of senior roles at Exel, the supply chain and third party logistics provider, before working in a number of senior leadership positions, including UK Managing Director, at Wolseley, the £2.0bn revenue distributor of plumbing and heating products and supplier of building materials. More recently he was the UK Managing Director of Brammer, the specialist distributor of industrial products.

Steve Ashmore was previously a director of Brammer plc, now Brammer Limited following its delisting in February 2017, and resigned on 19 October 2016. The Company confirms there is no additional information required to be disclosed pursuant to Listing Rule 9.6.13.

Following the announcement on 13 April 2017, HSS Hire Group plc ("HSS" or the "Company") confirms pursuant to LR 9.6.12 that John Gill will step down from the board of the Company on 23 May 2017.

Alan Peterson, Chairman, commented:

"I am delighted that Steve is joining HSS as Chief Executive Officer. He has highly relevant experience and a track record of delivering results. The Board and I look forward to working with Steve as we leverage the new operating model to drive sales growth through our market leading distribution network.

"Once again, I would like to thank John for his hard work through his 8 years at HSS and wish him every success in the future".

The Section 430(2B) Companies Act 2006 statement in respect of John Gill will be made available on HSS's corporate website (www.hsshiregroup.com).

 For further information, please contact:

HSS Hire Group plc	Tel: [phone] (on 22 May 2017)
Paul Quested, Chief Financial Officer Robert Halls, Investor Relations Manager	Thereafter: 020 8260 3343

Citigate Dewe Rogerson	Tel: [phone]
Kevin Smith
Nick Hayns

 Notes to editors

HSS Hire Group plc provides tool and equipment hire and related services in the UK and Ireland through a nationwide network of over 280 locations. Focusing primarily on the maintain and operate segments of the market, over 90% of its revenues come from business customers. HSS is listed on the Main Market of the London Stock Exchange. For more information please see www.hsshiregroup.com.

 

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