Business
Volution Group appoints CFO Designate
Volution Group appoints CFO Designate.
About this update from Volution Group Plc
[{"type":"text","content":"\n \nRNS Number : 6892V Volution Group plc 10 April 2019 \n\n \n \nWednesday 10 April 2019\nVolution Group plc\n \nAppointment of Chief Financial Officer Designate\n \n \nVolution Group plc (the \"Company\", the \"Group\" or \"Volution\", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, is pleased to announce the appointment of Andy O'Brien as Chief Financial Officer Designate.\n \nThis is further to the announcement on 21 January 2019 that Ian Dew, current Chief Financial Officer (\"CFO\"), would retire from Volution and his position as CFO during 2019. Andy's commencement date as CFO and appointment to the Board of Volution will be announced in due course with Ian continuing in the role of CFO with a short transitional period after Andy joins. \n \nAndy joins Volution following nine years at Aggreko plc, a FTSE-250 global provider of temporary power, heating and cooling solutions, where he held numerous senior finance roles including most recently Finance Director, Power Solutions. He has a broad international background working internationally in a global business environment and has lived and worked in the Nordics as well as the UK, Dubai and Singapore. Throughout his career, Andy has operated in environments where cost control has been critical and in his role at Aggreko, Andy also oversaw revenues totalling $1.2 billion and worked on a number of international acquisitions.\n \nPrior to joining Aggreko, Andy spent four years at Vetco Gray, a supplier of products, systems and services for onshore and offshore drilling and production, and six years at Lafarge SA, an international building products company based in France.\n \nRonnie George, Chief Executive Officer of Volution, commented:\n \n\"We are delighted to welcome Andy to the Group. He is a highly accomplished senior executive who brings a wealth of financial experience and understands what it takes to grow an international business. Andy joins Volution Group at an exciting time in its development and we look forward to working with him as we continue our journey.\"\n \nAndy O'Brien, CFO Designate, said:\n \n\"I am very pleased to be joining Volution. The Group has grown rapidly since IPO, establishing itself as a major international provi...