REG - Speedy Hire PLC - Chief Financial Officer Succession

Speedy HireAnnouncement

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RNS Number : 1215W  Speedy Hire PLC  11 March 2026

 

Speedy Hire Plc

("Speedy Hire", "the Company" or "the Group")

 

11 March 2026

 

Chief Financial Officer Succession

 

Speedy Hire, the UK and Ireland's leading provider of tools, specialist
equipment and services, announces the appointment of Judith Cottrell to the
Board as Chief Financial Officer with effect from the 1 July 2026.

 

As part of our review of succession planning, Paul Rayner had indicated he was
considering retiring from his executive role by the end of 2026 and the
Company had initiated an external selection process for a successor. Judith's
selection and availability has resulted in Paul's decision and the succession
process concluding more quickly than anticipated. Paul will therefore step
down from the Board and as Chief Financial Officer on 1 July 2026 after
delivering the results to 31 March 2026.  He will remain with the Company to
allow for a smooth transition of responsibilities following a thorough
handover process and will support some ongoing initiatives.

 

Judith has extensive experience in senior financial and operational roles.
Most recently as Chief Financial Officer of Ricardo Plc and previously as the
Group Finance Director for RPS Group Plc, where prior to that role, she held
various senior roles within RPS, including Chief Executive of RPS's UK &
Ireland consulting business and Group Strategy Director. Judith is a member of
the Institute of Chartered Accountants in England and Wales

Dan Evans, Chief Executive commented:

 

"I am delighted to welcome Judith to the Board as Chief Financial Officer and
at such an important time for the business as we continue to execute our
strategy. Judith's experience in leading finance functions, along with her
extensive knowledge of the sectors we serve, and strong overall business
leadership experience make her an ideal choice for Speedy Hire.

 

I would also like to thank Paul for his significant contribution to Speedy
Hire during his time as Chief Financial Officer. He joined the Board in July
2023 as we initiated our Velocity Strategy and has played a key part in the
transformation of the business to this point. As he retires from executive
life, the Board and I wish him the very best for the future."

 

No further information in relation to Judith is required to be disclosed under
UKLR 6.4.8R.

 

Enquiries:

Speedy Hire Plc

Dan Evans, Chief
Executive
Tel: 01942 720 000

 

Teneo: - Giles
Kenrick
Tel: 020 7427 5494

 

Notes to Editors:  Founded in 1977, Speedy Hire is the UK's leading provider
of tools and equipment hire services to a wide range of customers in the
construction, infrastructure, industrial, and support services markets, as
well as to local trade, and retail. The Group provides complementary support
services through the provision of training, asset management and compliance
services. Speedy is certified nationally to ISO50001, ISO9001, ISO14001,
ISO17020*, ISO27001 and ISO45001. The Group operates from 135 Service Centres
and on-site locations across the UK and Ireland and through a joint venture in
Kazakhstan.

*Lloyds British National Contracts only.

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