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Brian Long, chairman of Ashtead Technology, says, “Derek Shepherd’s appointment to our board is marvellous news for the company. We are greatly looking forward to Derek’s input and are confident that his extensive international asset rental experience will add enormous value to Ashtead Technology.”
Derek Shepherd adds, "I am delighted to be invited to join the board of Ashtead Technology and to be working with the team to help them achieve their global ambitions"
This appointment forms the latest addition to the board since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a £95.6m MBO. Headquartered in Aberdeen, Ashtead Technology rents specialized equipment to the offshore oil and gas sector and the environmental monitoring and testing industry and operates from 14 locations in the United Kingdom, North America and Singapore. The applications for its wide range of rental equipment include subsea positioning, sea bed mapping, environmental monitoring, nondestructive testing and remote visual inspection.