Executive Management Change

Released : 12/05/2017 07:00

RNS Number : 9263E
Aggreko PLC
12 May 2017



12 May 2017






Aggreko plc, the global leader in the provision of mobile, modular power and related solutions announces today a change to the Executive management team.

Nicolas Fournier, Managing Director of Power Solutions since November 2015, will leave the Group with immediate effect, by mutual agreement.  The Board would like to thank Nicolas for his contribution and wish him well for the future.

Stephen Beynon will join the Executive team as the new Managing Director of Power Solutions on 15 May 2017.  Stephen has over 20 years' experience running large service based businesses.  He started his career with Cable & Wireless and then ran the B2B divisions of Optus in Australia and Virgin Media in the U.K., as well as the B2C business of Eircom in Ireland.  From 2012 to 2016, he ran the B2B business, and then the residential business of British Gas.  Most recently, he has been an independent advisor to companies in the energy sector. 

Commenting on the announcement, Chris Weston, Chief Executive, stated:

"On behalf of the Board I would like to thank Nicolas for his contribution and wish him well for the future.

I am very pleased to welcome Stephen to Aggreko. His considerable experience in running large service based businesses and his deep knowledge of the energy sector will prove great assets as Aggreko pursues its programme to return the business to growth."




Investors & Analysts

Tom Hull, Aggreko plc

+44 7342 056 727



John Sunnucks / Liz Morley, Bell Pottinger

+44 20 3772 2500



This announcement contains inside information.

The person responsible for arranging for the release of this announcement on behalf of Aggreko plc is Peter Kennerley, Group Legal Director & Company Secretary.



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