05/11/2024

Ashtead Technology appoints chief strategy and marketing officer

Ashtead Technology PLC (AT:L), a leading global provider of subsea technology and solutions to the offshore energy market has appointed Colin Ross as chief strategy and marketing officer (CSMO).

The newly created role underscores Ashtead Technology’s ongoing commitment to providing innovative solutions and driving international growth.

Colin will join the group’s executive committee spearheading corporate strategy, marketing and communications for the group and will play an integral role in mergers and acquisitions (M&A) and investor relations.

Colin has held a variety of senior positions in the technology, engineering and energy sectors, most recently with Wood PLC where he was Vice President of Marketing and Communications. With an international career spanning more than 20 years, Colin brings a wealth of experience in building strong customer-centric brands and delivering growth strategies that drive stakeholder value.

Commenting on the appointment, Ashtead Technology CEO Allan Pirie said: “As we continue our remarkable journey of growth, I am delighted to strengthen our executive team with someone of Colin’s calibre. This strategic appointment is another signal of intent from Ashtead Technology following the announcement of our acquisition of Seatronics and J2 Subsea last month. I am looking forward to working with Colin to accelerate our strategic objectives and deliver ongoing value for our stakeholders.”

Colin added: “I am excited to join Ashtead Technology at a pivotal moment in the company’s development. Following an impressive IPO (Initial Public Offering) in 2021, the group has developed significant momentum. With a bold approach to M&A and strong, long-term customer and technology partnerships, I am convinced that Ashtead Technology will continue to stand out as one of the most impressive success stories in the sector.”

Ashtead Technology is at the forefront of providing subsea equipment solutions, engineering services and integrated technologies to support the global offshore energy industry, including oil and gas, renewable energy and subsea cable operations. The addition of a dedicated CSMO reflects the company’s commitment to enhancing its global presence, strengthening its brand and positioning itself as a key player in the transition to more sustainable energy solutions.