REG - Hunting PLC - Retirement of Chief Executive

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RNS Number : 3497G  Hunting PLC  01 June 2026

 

 For Immediate Release  1 June 2026

 

 

 

 

 

Hunting PLC

 

("Hunting" or "the Company" or "the Group")

 

Retirement of Chief Executive

 

Hunting PLC (LSE: HTG), the precision engineering group, today announces that
Jim Johnson, Chief Executive, has given notice of his intention to retire as a
Director of the Company by mid-2027.

 

As part of the long-term succession plans of the Company, the Nomination
Committee has initiated a process to appoint a successor to Mr Johnson, which
will give consideration to both internal and external candidates that can lead
Hunting through the next phase of its growth.

 

Mr Johnson has held senior management positions within Hunting from 1992 up to
his appointment as Chief Operating Officer of the Group in 2011. He was
appointed as Chief Executive in 2017 and has guided Hunting through a period
of significant development as the Group looks to deliver on the Hunting 2030
Strategy announced in 2023.

 

Further updates on the search process will be provided in due course.

 

Commenting on Jim Johnson's retirement, Stuart M. Brightman, Hunting's Company
Chair said:

 

"Jim's long tenure at Hunting is testament to the strong culture of the
organisation. His leadership of the Company since his appointment as Chief
Executive in 2017 has been exceptional and I want to place on record my
heartfelt thanks for all his hard work on behalf of the wider Hunting team.

 

"Having successfully led the repositioning of the Group since 2020,
particularly in relation to our subsea and offshore businesses, Jim will leave
the Company in a strong position to capitalise on future energy and power
demand and I look forward to continuing to work with him over the coming
months to ensure an orderly hand over to his successor in due course."

 

Jim Johnson, Chief Executive added:

 

"It has been a huge privilege to play a part in the Hunting story and to have
led the business over the last nine years. I am very proud of how Hunting has
navigated a period of almost unprecedented change to emerge as one of the
leading businesses in our sector and would like to thank all of my Hunting
colleagues for their hard work, dedication and commitment in making the
business what it is today. I look forward to working with the Board and my
eventual successor in the months ahead."

 

The person responsible for arranging the release of this announcement on
behalf of the Company is Ben Willey, Company Secretary.

 

For further information please contact:

 

 Hunting PLC                          Tel: +44 (0) 20 7321 0123

 Stuart M. Brightman, Company Chair

 Ben Willey, Company Secretary

 Sodali & Co                          Tel: +44 (0) 78 5543 2699

 James White

 Tilly Abraham

 

or

 

lon.IR@hunting-intl.com

About Hunting PLC

 

Hunting is a global, precision engineering group that provides
precision-manufactured equipment and premium services, which add value for our
customers. Established in 1874, it is a listed public company, quoted on the
London Stock Exchange in the Equity Shares in Commercial Companies ("ESCC")
category. The Company maintains a corporate office in Houston and is
headquartered in London. As well as the United Kingdom, the Company has
operations in China, India, Indonesia, Mexico, Saudi Arabia, Singapore, United
Arab Emirates and the United States of America.

 

The Group reports in US dollars across five operating segments: Hunting Titan;
North America; Subsea Technologies; Europe, Middle East and Africa ("EMEA");
and Asia Pacific.

 

The Group also reports revenue and EBITDA financial metrics based on five
product groups: OCTG; Perforating Systems; Subsea; Advanced Manufacturing; and
Other Manufacturing.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66

 

 

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