Deck machinery maker Ace Winches has appointed Kevin McLardy as its chief financial officer to manage its financial strategy at a time of significant growth.
Mr McLardy, who will join the company’s board of directors, previously spent seven years at Ernst and Young where he was a senior member of the mergers and acquisitions team, primarily focusing on the oil field services sector.
He brings with him 20 years of senior level experience gained through various corporate finance roles based in the UK and internationally.
Mr McLardy said: “There is real ambition to maintain the high growth profile through continued international expansion. Revenue has more than doubled since 2010 and, given the current high levels of market activity and a strong order book, we forecast this to exceed £40million by the financial year end 2014.”
The announcement comes as Ace Winches reveals that international sales accounted for 75% of its annual turnover, with orders secured in Europe, the Americas, Middle East and Asia Pacific.
Alfie Cheyne, chief executive of Ace Winches, said: “Kevin’s wealth of local, national and global experience in the corporate financial and investment sectors will be paramount to Ace Winches as we continue to grow our global presence.”
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