Ashtead Technology announced that Derek Shepherd has joined the Board as a non-executive director.
Shepherd is a main board director of Aggreko plc. For the last 10 years, Shepherd has been Managing Director of Aggreko International, one of the key drivers of Aggreko’s recent growth. Under Shepherd’s leadership, its revenues have grown from $48.8m to $696.7m.
This appointment forms the latest addition to the Board since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a $131.1m MBO.