Former Expro executive chairman, Graeme Coutts, will join STATS as a non-executive director, and Leigh Howarth, former managing director of Petrofac Training Services, moves as chief financial officer.
Coutts served senior roles at Expro, including president western hemisphere and chief executive officer, while Howarth was head of Petrofac’s group finance function and recently supported UK oil and gas company, EnQuest with its IPO on the London Stock Exchange.
STATS Group chief executive officer Pete Duguid said the calibre of both Graeme and Leigh is outstanding and their appointments represent a statement of clear intent that the company’s business is embarking on an exciting new stage of development.
STATS Group designs, manufactures, installs and deploys a range of pipeline isolation products for both onshore and sub-sea, as well as onshore processing and distribution terminal facilities.
The company is headquartered in Kintore, near Aberdeen, and employs 130 people in the UK, Canada, Middle East and Asia Pacific regions.
STATS Group reported revenues of £14m in 2011 and expects to grow revenues to £25m, up 75%, in this year.
