Philip Joins Ashtead Technology Team
Ashtead Technology announced that Graham Philip has joined the Board as Chief Executive Officer. The appointment is the latest addition to the management team since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a $183.7m MBO. Headquartered in Aberdeen, Ashtead Technology rents specialist equipment to the offshore oil and gas sector and the environmental monitoring and testing industry and operates from 14 locations in the UK, North America and Singapore.
Shepherd Non-Executive Dir. Ashtead Tech
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.