REG - DCC PLC - Appointment of Chief Executive Officer, DCC Energy

DCCAnnouncement

30/06/2022 15:00

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RNS Number : 8800Q  DCC PLC  30 June 2022

 

 

30 June 2022

 

Appointment of Chief Executive Officer, DCC Energy

 

DCC plc, the leading international sales, marketing, and support services
group, announces the appointment of Dr. Fabian Ziegler as Chief Executive
Officer of DCC Energy. Fabian will commence the role on 1 November 2022.

Fabian has extensive senior leadership experience in the energy sector having
held various senior management roles in Shell plc during his 26-year career.
He is currently Country Chair of Shell Germany and Chair of the Management
Board with responsibility for Shell's businesses (upstream, downstream, power
and renewables) in the DACH region. In his current role Fabian is at the
forefront of energy transition having developed and driven Shell's net zero
emissions plans for the region. Prior to his current role, Fabian was the
Chief Procurement Officer for the Shell Group. He has also led major global
transformation programmes and has held various general management roles in
fuels, lubricants and LPG.

The breadth of Fabian's leadership experience in the energy sector, coupled
with his ambition to drive the energy transition, will enable DCC to
accelerate its Leading with Energy strategy.

As previously announced, Eddie O'Brien will lead DCC Energy until Fabian's
arrival and will then transition to his new role as Chief Strategy &
Sustainability Officer for DCC plc.

DCC announced its new Leading with Energy strategy at its capital markets
event on 17 May 2022. DCC Energy's strategy is to accelerate the net zero
journey of our customers by leading the sales, marketing, and distribution of
low carbon energy solutions. The capital markets event outlined the growth
opportunities available to DCC Energy through energy transition and how DCC
Energy's multi-energy product and service offerings are enabling customers to
lower their carbon footprint. For further information and a recording of the
event, please see here
(https://www.dcc.ie/investors/result-and-financial-information/events-and-presentations/2022)
.

Commenting on the appointment, Donal Murphy, Chief Executive, said:

"We conducted an extensive global search to find the best candidate to lead
DCC Energy as it embarks on its next phase of growth and development. Fabian
is an excellent addition to our senior management team in DCC. His track
record of success, his extensive experience in the energy industry and in
energy transition and his significant experience in leading large
organisations leave him ideally placed to lead DCC Energy. We have a clear
strategy to accelerate the net zero journey of our customers by leading the
sales, marketing, and distribution of low carbon energy solutions. And I have
no doubt that this will be a winning strategy under Fabian's leadership. I
look forward to welcoming Fabian to DCC and working with him to deliver this
exciting strategy in the years ahead."

 

 

 

Contact
information

 Investor enquiries:
 Rossa White, Head of Group Investor Relations  Tel: +353 1 2799 400
 Hollie Daly, Investor Relations Manager        Email: investorrelations@dcc.ie

 Media enquiries:
 Powerscourt (Eavan Gannon/Genevieve Ryan)      Tel: +44 20 7250 1446
                                                Email: DCC@powerscourt-group.com (mailto:DCC@powerscourt-group.com)

 

About DCC plc

DCC is a leading international sales, marketing and support services group
with a clear focus on sustainable growth. DCC is an ambitious and
entrepreneurial business operating in 21 countries, supplying products and
services used by millions of people every day. Building strong routes to
market, driving for results, focusing on cash conversion and generating
superior sustainable returns on capital employed enable the Group to reinvest
in its business, creating value for its stakeholders.

 

Headquartered in Dublin, the Group operates across three sectors: energy,
healthcare and technology, employing over 15,400 people. DCC plc is listed on
the London Stock Exchange and is a constituent of the FTSE 100. In its
financial year ended 31 March 2022, DCC generated revenue of £17.7 billion
and adjusted operating profit of £589.2 million.

 

DCC has an excellent record, delivering compound annual growth of 14% in
adjusted operating profit and generating an average return on capital employed
of approximately 19% over 28 years as a public company.

 

Follow us on LinkedIn (https://www.linkedin.com/company/dcc-plc) , Twitter
(https://twitter.com/dccplc?s=20&t=Z_XyTAnFQUI0tdsX3k5nfA) .

www.dcc.ie (http://www.dcc.ie)

 

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