Ashtead Technology appoints Stewart CFO; Expands Executive Team
Ashtead Technology appointed Ingrid Stewart as chief financial officer (CFO), part of an executive change up that also included five managers for newly created roles across its international team, underscoring the the integrated subsea technology and services company’s strategic growth plans in the global offshore energy market and to power growth in new and emerging markets, including in offshore wind and decommissioning.
Ingrid Stewart assumed the new CFO position this week, bringing 23 years of corporate finance experience to the Aberdeenshire headquartered business which employs 170 people around the world.
Stewart spent eight years with EnerMech Group as corporate development director where she managed the completion and integration of multiple acquisitions for the firm, as well as developing and executing long-term strategies. Prior to this, she was a member of the senior UK management team at Simmons & Company International, becoming the investment bank’s first ever female corporate finance director in 2009.
In her new role, Ms Stewart will work with the senior team to position the company for further growth and further leverage existing capability. She said: “After watching the business successfully grow through acquisition over the past few years and increase its foothold in the offshore renewables and decommissioning sectors, I am thrilled to be joining the talented team at Ashtead Technology. The company has significant growth potential and I’m looking forward to supporting its future aspirations.”
The new Aberdeenshire based managerial hires across Ashtead Technology include Lili Hughes, as group QHSE manager, Stephen Booth as decommissioning BD manager and asset integrity project manager Michael Gibson. In addition, Mark Vela has joined as US operations manager in Houston, and Dan Davies has taken up his new role as NDT market manager within the company’s inspection solutions team in Bedfordshire, England.
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