Glasgow-based energy firm Aggreko has announced the appointment of Heath Drewett as chief financial officer (CFO).
The firm said the move comes after June’s announcement that Carole Cran was to step down from the role to take up a new post at as CFO of Forth Ports Ltd.
Agrekko said Mr Drewett is a commercially minded CFO with experience in the engineering, leisure & transportation and industrial sectors.
Formerly group finance director of WS Atkins, he gained considerable breadth co-leading its strategy and growth, and negotiating its sale to SNC-Lavalin where is he currently President of the WS Atkins business.
Prior to WS Atkins, Heath spent 12 years at British Airways where he held a number of finance roles including group financial controller and head of business performance. Heath is a chartered accountant and started his career with Price Waterhouse, now PwC.
Mr Drewett will be joining the Board and the Executive Team of Aggreko once he has completed his commitments with SNC-Lavalin, which is expected in the first quarter of 2018.
Carole Cran will be leaving Aggreko on 31 December 2017.
Mr Drewett will be paid an annual base salary of £460,000 and will receive pension contributions of 20 per cent of base salary, life assurance, private medical insurance and a car allowance.
He will be eligible to receive an annual bonus and annual award under the firm’s Long Term Incentive Plan.
Aggreko said it is currently in the process of reviewing its remuneration policy and a new plan will be proposed to shareholders for approval in April 2018.
Chris Weston, chief executive of Aggreko, said: “On behalf of the Board and the Company, I am delighted to welcome Heath to Aggreko. Heath is an experienced CFO and proven leader and I look forward to working with him as we continue to position Aggreko for the future. In addition, I would like to thank Carole Cran for her substantial contribution to Aggreko and wish her all the best with her new opportunity.”