Chief executive officer (CEO) of marine and oil and gas services provider James Fisher and Sons has decided to retire from the company.
James Fisher said on Tuesday that the company CEO Nick Henry would retire from the company and step down from his position by the end of December 2019
Nick Henry will leave the company after 16 years with James Fisher and Sons, 15 of which have been as chief executive.
The company added that the notice Henry gave ensured there was sufficient time to allow a thorough search process to take place, both internally and externally, in order to allow a smooth transition of responsibilities.
Malcolm Paul, chairman of James Fisher, said: “Nick’s track record as chief executive speaks for itself. He has overseen strong organic growth, particularly in our Marine Support and Specialist Technical divisions, and completed a number of niche acquisitions. Nick will continue to deliver our consistent strategy during the coming financial year as we manage the transition to new leadership.”
Regarding his retirement, Nick Henry added: “I will be leaving James Fisher next year with a strong and experienced management team in place and in excellent financial and operational shape to take advantage of the many opportunities the group has for further growth.”