A letter from the Ashtead chief executive Brendan Horgan to employees stated the importance of strong leadership at times of uncertainty and that the company had decided to remove chief executive Richard Thomas, while promoting chief operating officer Andy Wright to look after his field and market led responsibilities, while chief financial officer Phil Parker will handle his more operational duties.
While no official press release has been issued by the company at this stage, it has confirmed that the information we have is correct, and provided the following statement: “As we look to position A-Plant for future growth, Andy Wright and Philip Parker have been promoted to take on additional leadership responsibilities as COO and CFO respectively. At the same time, Richard Thomas will be leaving the company. We would like to place on record our thanks for his hard work and contribution to the success of A-Plant and wish him well for the future.”
Andy Wright officially joined A-Plant as chief executive officer in February, having left a similar role with Speedy where he was managing director of Speedy Asset Services, following seven years with Lavendon which at the time was parent company of Nationwide Platforms and Rapid Access.
Parker joined A-Plant as finance director in 2016 from Capita, where he had held a similar role since 2011. He had previously worked with BT and Enterprise Plc in similar positions, having started out as an assistant manager with Deloitte & Touche in 2001.