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December 4, 2018

Ashtead’s Geoff Drabble to retire

Filed under: Latest News — EHN Team @ 12:27 pm

Ashtead has announced that Geoff Drabble has decided to step down from his role as Chief Executive at the end of the current financial year, on 1 May 2019, and to retire from the Group on 30 November 2019.

He will be succeeded on 1 May by Brendan Horgan, currently Group Chief Operating Officer and Chief Executive of Sunbelt Rentals, the Group’s North American business which accounted for 87% of the Group’s revenue in the last financial year.

Geoff Drabble, pictured, commented, “It has been a privilege to work with the many talented people that make up the Ashtead team. I am grateful to have enjoyed their support in building a world class rental business that has enormous potential to prosper further.”

Geoff Drabble was appointed chief executive in January 2007, having served as chief executive designate from October 2006 and as a non-executive director since April 2005. Brendan Horgan was appointed chief executive of Sunbelt Rentals and a director of the Group in January 2011. He became Group chief operating officer in January 2018. He is a US citizen and will continue to be based in Charlotte, North Carolina, when he assumes the new role.

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