– UK, Solihull – Hill & Smith Holdings PLC (LON: HILS) today announced the appointment of Alan Giddins as Chairman of the Board with effect from 1 October 2019. Alan will succeed Jock Lennox, who will retire from the Board on that date.
Derek Muir, Chief Executive said: “I am delighted that Alan has agreed to take on the Chairman role at Hill & Smith. The Board has benefitted hugely from his involvement with the Group over the last 18 months, and I am very much looking forward to working with Alan in his new role. On behalf of the Board, I would also like to thank Jock for the significant contribution he has made to Hill & Smith, first as a Non-executive Director and then as Chairman.”
The Board has engaged a search firm to support it in the appointment of an additional Non-executive Director to join the Board during the second half of 2019.
Jock Lennox, Chairman said: “It has been a privilege to be part of the successful Hill & Smith story since becoming a Non-executive Director in 2009. In the last two years as Chairman, we have continued to develop the leading positions in our chosen international markets and to lay the groundwork for the future. I leave behind a very strong and entrepreneurial management team and I am delighted that Alan is succeeding me as Chairman to lead the next stage of the Group’s growth.”
About Alan Giddins
Alan joined the Hill & Smith Board in October 2017 as Senior Independent Director and has been a member of the Audit, Remuneration and Nomination Committees since his appointment. He has been appointed Chairman following a thorough selection process, which included external candidates, and was led by Annette Kelleher, Non-executive Director and Chair of the Remuneration Committee, supported by Spencer Stuart, international executive search consultants.
Alan recently stepped down as a Managing Partner and Head of Private Equity at 3i Group plc, where he was a member of its Executive Committee. Prior to joining 3i in 2005, Alan spent 13 years working in investment banking advising a broad range of public companies. He qualified as a chartered accountant at KPMG and has a degree in economics.
Alan Giddins said: “I am extremely pleased to be taking on the role of Chairman at Hill & Smith. I believe that there are significant opportunities for the Group within its core infrastructure markets, and I am looking forward to working with the Board and wider executive management team to continue to deliver on the Group’s clear growth strategy.”
Alan brings a wealth of relevant experience as a business leader and investor. He has been involved in building and growing businesses both in the UK and internationally and has sat on the boards of a number of 3i’s largest private equity investments.
About Hill & Smith Holdings PLC
Hill & Smith Holdings PLC is an international group with leading positions in the design, manufacture and supply of infrastructure products and galvanizing services to global markets. It serves its customers from facilities principally in the UK, France, USA, Sweden, Norway, India and Australia.
The Group’s operations are organised into three main business segments:
Headquartered in the UK and quoted on the London Stock Exchange (LSE: HILS.L), Hill & Smith Holdings PLC employs some 4,700 staff, principally in 7 countries.
For more information: https://www.hsholdings.co.uk
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