James Fisher and Sons has informed that Nick Henry will step down as chief executive officer and retire from the company by the end of December 2019 after 16 years with the company, 15 of which have been as chief executive.
The notice he has given ensures there is sufficient time to allow a thorough search process to take place, both internally and externally, in order to allow a smooth transition of responsibilities, the company said.
Malcolm Paul, chairman of James Fisher, said: “Nick’s track record as chief executive speaks for itself. He has overseen strong organic growth, particularly in our Marine Support and Specialist Technical divisions, and successfully completed a number of niche acquisitions. Nick will continue to deliver our consistent strategy during the coming financial year as we manage the transition to a new leadership.”
Nick Henry added: “I will be leaving James Fisher next year with a strong and experienced management team in place and in excellent financial and operational shape to take advantage of the many opportunities the group has for further growth.”