OEG Energy Group Limited, a leading energy solutions business, is pleased to announce the appointment of Tom Murray as Chief Financial Officer (CFO) with immediate effect. Mr
Murray replaces Doug Fleming who has stepped down for personal reasons.
Mr Murray, a Chartered Accountant, is an experienced CFO with a strong track record in growing
businesses, raising finance and successfully executing M&A transactions and integrations for large
private and FTSE listed companies within the engineering and rental sectors.
His most recent roles include CFO of Algeco UK, a leading lessor of modular storage containers and
site accommodation units and Finance Director of Loxam’s Powered Access Division. He also spent
twelve years in various senior finance roles at ESAB, a global leader in fabrication technology, now
listed on the NYSE.
Commenting on the appointment, OEG’s Chief Executive Officer, John Heiton, said: “We are pleased
to welcome Tom to the OEG team and look forward to benefitting from his relevant experience
working in leadership roles at growth businesses in the wider rental and services industries, which
are strongly complementary to OEG’s offering. He has a wealth of experience that will serve us well,
including overseeing strategic M&A and integration which continues to be an important component
of OEG’s growth strategy.
“On behalf of the Board, I’d also like to thank Doug who is stepping down for personal reasons. In
view of this, we have organised a fast but smooth transition to Tom. Doug has been instrumental in
guiding OEG through a truly transformative year of growth, and leaves OEG in a strong position in
terms of a healthy balance sheet with the firepower to advance our strategic growth ambitions.”
