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    New Non Executive Chairman for Ashtead Technology

    Company News // July 7, 2011

    Ashtead Technology, a leading asset rental business supplying specialist equipment to the offshore subsea oil and gas sector and the environmental consulting, non-destructive testing and remote-visual inspection industries has appointed Chris Braithwaite as Non Executive Chairman of the Group.

    Mr Braithwaite has over 25 years of experience in the oil and gas sector, and was most recently Chief Operating Officer of Wellstream Holdings plc having overseen its IPO from private equity ownership in 2007. An engineer, he has also worked with ABB, Halliburton/Brown & Root and Transfield.

    Ashtead Technology’s Chief Executive, Graham Philip, commented: “The Board is excited to appoint Chris to help accelerate the delivery of our ambitious growth plans.

    "He has a strong record of delivering excellence in subsea engineering services businesses, and his experience of profitable international expansion will be of great benefit to the management team.”

    Mr Braithwaite said: “I am delighted to join Ashtead Technology and to work with such an excellent team.  There are superb opportunities to grow the business in the industry sectors that it serves.”


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