Aberdeen-based oil service company boss Doug Sedge is leaving Tesco Corporation for Energy Cranes International.
Mr Sedge is European vice-president and general manager at the US group, which he joined late last year.
He is to become chief executive at Energy Cranes at the start of next month.
Mr Sedge is replacing John Jordan, who has been CEO for four years.
A spokesman for Energy Cranes said yesterday that it was announced in July that Mr Jordan was standing down. The spokesman added that the departure was by mutual agreement.
The company describes itself as a world leader in offshore lifting and handling services, with operations including Sparrows Offshore, Aberdeen Hydraulics and Baricon Systems.
Energy Cranes employs almost 1,600 people worldwide – 930 through the Aberdeen headquarters, 370 in America and 250 in the Middle East and Asia-Pacific.
The company changed hands in March 2008 in a £142million deal.
London-based private-equity firm LMS Capital sold the business to UK merchant bank Close Brothers Private Equity.
Energy Cranes said Mr Sedge’s appointment would bring new leadership to a group with ambitious long-term growth plans.
He said: “I am excited to be taking over as CEO of Energy Cranes. The Sparrows brand, in particular, is one of the great international success stories to emerge from Aberdeen’s involvement in the offshore energy business.
“The group is a strong business employing excellent people all over the world and I look forward to leading them to the next level of success and growth.”
Energy Cranes chairman Robin Pinchbeck said: “We are delighted that Doug is joining us as CEO. He brings with him a wealth of experience and a proven track record in building businesses in the offshore energy services marketplace. Under his leadership, we will continue to meet and exceed client expectations in the services we already provide, while pioneering new services and technologies and seeking attractive company acquisitions as drivers to our continuing growth. We thank John Jordan for his commitment to the growth of Energy Cranes over the past four years and wish him well in his future endeavours.”
Mr Sedge, 53, is well known in the oilfield service business community, having been chief executive of RBG Group from 2005-08. His 34-year career in the industry has also included senior UK and international roles with Dresser Industries, Dolphin Drilling and oilfield service giant Weatherford; ultimately as its vice president for Europe Africa and the former Soviet Union.
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