New chief exec for Morrison Utility
Morrison Utility Services chief executive Charles Morrison has moved aside to become chairman, with chief operating officer Jim Arnold taking over as chief executive.
Change at the top of the company follows the acquisition of Morrison Utility Services by private equity firm First Reserve in July 2016.
Charles Morrison said: “I am personally delighted that Jim has been appointed to the position of chief executive, given the considerable experience he has gained over the last 17 years with the business in varying roles including executive director and chief operating officer. I am convinced that Jim is ideally placed to lead the business through the next phase of our growth and I very much look forward to maintaining our close working relationship in order to achieve our business goals.”
Jim Arnold, the new chief executive, added: “I am delighted to have been appointed to this position and I very much look forward to working closely with my senior team and our new investors, First Reserve, in continuing to successfully grow the business.”
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This article was published on 27 Sep 2016 (last updated on 27 Sep 2016).