Global integrated logistics and materials management specialists, ASCO, has appointed Mike Pettigrew as its new CEO.
Formerly UK managing director, Mike Pettigrew will replace out-going CEO, Peter France, following a planned transition on the 2nd of October.
Mike Pettigrew joined ASCO in March 2022 as general manager for the group’s AFM and Seletar businesses and was appointed UK managing director last November.
With extensive experience across the energy, marine, industrial power and ship building sectors, Mike Pettigrew spent 13 years with Babcock International before joining ASCO. He was also a non-executive director of Decom North Sea.
Commenting on his appointment, Mike Pettigrew said: “I look forward to working with Peter over the next couple of months to ensure a smooth transition, before taking up the role of CEO. This is an exciting period for ASCO as we continue to build our portfolio of services amid the energy transition. Working closely with the board of directors, I aim to deliver our strategy and further strengthen our leading position in the sector.”
ASCO chairman, Bob Keiller, added: “As a business committed to developing its people, we are excited to see Mike take on the role of CEO. We are confident he will continue to grow the business, spearheading our commitment to helping clients and partners tackle climate change and accelerate the energy transition while delivering our own target to become a net zero Green House Gas emissions business before 2040.”
“I would like to thank Peter for his leadership over the last five years, which have been highly challenging for the industry. During Peter’s tenure, ASCO has made significant progress through the development of new service lines and the establishment in new geographies.
Peter France added: “When I joined ASCO, the focus was on transformative and sustainable growth whilst delivering safety and service excellence in its operations. During that time, the business has strengthened partnerships with operators, developers and ports across the world, grown its materials and logistics management systems and used its existing capabilities to support supply chain optimisation in the renewables sector.
“It has been an honour to lead ASCO during the last five years. I am grateful to all of my colleagues who have worked tirelessly through challenging times such as the pandemic to deliver positive growth.
"I believe that with Mike at the helm, supported by the board and our colleagues across the world, ASCO has a very bright future."
Peter France will join TT Electronics plc as CEO.