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The London-listed building equipment provider has announced that Dan Evans will move up to the top job from his current role as chief operating officer, taking over from Russell Down, who announced his retirement in May and has been CEO since 2015. Evans has been with Speedy for 14 years and his promotion follows what the company called “a rigorous recruitment process” involving recruitment consultants that “considered both internal and high quality external candidates”
“Dan knows our customers and the business well, has performed exceptionally as chief operating officer, and has been integral to the development of our strategy with Russell and the board,” said David Shearer, Speedy’s chairman.
Speedy was founded in 1977 and serves builders, construction companies and industry with a range of tools, equipment and plant hire services.
Its shares rose 2.6% to 48p on Monday.