Ashtead Technology Ltd

Appointment of new non executive chairman for ashtead technology

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Source: Ashtead Technology Ltd

Aberdeen, Scotland -- Ashtead Technology, a market leading asset rental business, supplying specialist equipment to the offshore subsea oil and gas sector and the environmental consulting, non-destructive testing and remote-visual inspection industries, from 21 locations worldwide, announces the appointment of Chris Braithwaite as Non Executive Chairman of the Group.

Chris has over 25 years of experience in the Oil and Gas Services sector, and was most recently Chief Operating Officer of Wellstream Holdings plc having overseen its IPO from private equity ownership in 2007. An engineer, Chris has also worked with ABB, Halliburton/Brown & Root and Transfield.

Ashtead Technology's Chief Executive, Graham Philip, comments: 'The Board is excited to appoint Chris to help accelerate the delivery of our ambitious growth plans. He has a strong record of delivering excellence in subsea engineering services businesses, and his experience of profitable international expansion will be of great benefit to the management team.'.

Chris Braithwaite adds 'I am delighted to join Ashtead Technology and to work with such an excellent team. There are superb opportunities to grow the business in the industry sectors that it serves.'

ENDS

Notes for Editors

Ashtead Technology specializes in the rental of technically advanced equipment for underwater positioning and surveying, remote visual inspection, non-destructive testing and environmental monitoring from 21 offices worldwide.. Ashtead Technologyys fully equipped offshore support workshops are located in the USA, United Kingdom, and South East Asia as well as agents in Dubai and Perth, Australia. Ashtead Technology provides a full line of support from in-house training, product demonstrations, calibration services, and installation support services. For more information about Ashtead Technology, visit the companyys website: www.ashtead-technology.com

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