Infrastructure, building and construction products group Hill & Smith Holdings PLC (Hill & Smith) is pleased to announce the appointment of Mark Pegler as Group Finance Director Designate. Mr Pegler will join the Group on 7 January 2008 before taking up his appointment to the Board as Group Finance Director in May 2008 following the, previously announced, retirement of Chris Burr.
Mark Pegler, a chartered accountant, has extensive experience in international organisations. From 2002 until earlier this year, he was Group Finance Director of Whittan Group Limited, a successful private equity backed international manufacturing business. He had previously spent seven years at Wagon plc, formerly as group financial controller and latterly as divisional finance director for its storage systems business. More recently he has been working with private equity investors in retail and manufacturing businesses.
Mr Pegler qualified as a chartered accountant with Price Waterhouse where he spent five years in audit assurance and corporate finance.
Commenting on his appointment, Mark Pegler said:
"I am very pleased to be joining Hill & Smith at this exciting time in its development."
Hill & Smith's Chief Executive Derek Muir said:
"We are delighted Mark is joining us, his background in international manufacturing businesses and strong financial and operational leadership will further strengthen our management structure.
With his listed company experience and successful track record of delivery in the private equity arena, Mark is well suited to the balanced entrepreneurial culture of Hill & Smith."
Hill & Smith posted a 47 per cent rise in underlying pre tax profits for the first half of 2007 and a central part of its business continues to be that of being an innovative solutions provider, particularly in the growing infrastructure products markets.
Products include road barriers and other vehicle restraint systems, street lighting columns, electronic signage and traffic monitoring.
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