HSS Hire Group PLC Directorate Change (3882C)
April 13 2017 - 2:00AM
UK Regulatory
TIDMHSS
RNS Number : 3882C
HSS Hire Group PLC
13 April 2017
13 April 2017
HSS Hire Group plc
Directorate Change
HSS Hire Group plc ("HSS" or the "Company") announces that John
Gill, CEO, is to step down after eight years at HSS. It is intended
that he will leave the Company once a successor is in post,
following a handover period.
The search for a new CEO is under way and the Board will update
shareholders on its progress in due course.
Alan Peterson, Chairman of HSS, said: "John has made an
important contribution to the development of the business since
joining HSS in 2009. As CEO from September 2015 he has led the
Company through a period of significant change as we implemented
our new operating model. With this work now largely complete, the
focus shifts to driving sales growth through the new network and
the Board believes it is the right time to look outside the
business for a new CEO who can lead this next phase of our
recovery.
"On behalf of the whole Company I would like to thank John for
his unfailing commitment and leadership, particularly for the hard
work done over the last 18 months to re-position the core rental
business for growth. We are pleased that he has agreed to remain
with the Company to ensure a smooth handover."
Current trading and market conditions remain unchanged from the
updates given in the Group's full year results for 2016, which were
announced on 5 April 2017.
A further announcement under LR 9.6.12 will be made once Mr
Gill's leaving date has been confirmed.
Enquiries
Investors
HSS Hire Group plc 020 8260 3343
Robert Halls, Investor Relations investors@hss.com
Manager
Media
Citigate Dewe Rogerson 020 7638 9571
Kevin Smith/Simon Rigby
This information is provided by RNS
The company news service from the London Stock Exchange
END
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