Proserv makes key appointments to bolster its energy transition roadmap

Proserv makes key appointments to bolster its energy transition roadmap

14 Jun 2022

Global controls technology leader Proserv has announced a high-level senior management and corporate realignment as the business continues to evolve and pivot towards the future energy landscape.

Present Group Chief Executive Officer David Currie will become Chairman of the Board for both Proserv and sister business Gilmore Valves, the Houston based flow control specialists effective from 1 July 2022.

Currie, with 35 years’ energy industry experience, will leverage his new roles to focus on customer relationships, strategic alignment and energy transition.

Joining the Board of Proserv is Hugh McNeal. McNeal brings a highly impressive background and a range of contacts in the renewables space having worked in numerous senior posts within government, including the Department of Energy & Climate Change. McNeal was most recently Chief Executive Officer of RenewableUK. The renewables segment represents a key growth target area for Proserv and McNeal’s addition to the Board provides further leadership in the sector.

As part of this corporate repositioning, Davis Larssen, currently CEO of Proserv Controls will now join the Board of Proserv, and David Nemetz will continue as CEO of Gilmore, both reporting independently to their respective Boards.

David Currie said: “The strategic changes we are announcing today signify the latest step on our journey to shape our business, smartly and proactively, and future-proof our offerings and portfolio to reflect the vital needs of the transition.

“Our shareholders Oaktree Capital Management and KKR have consistently supported our strategic plans and roadmap, including our goal of pursuing new opportunities in the renewables segment. The appointment of Hugh McNeal to our Board will aid and accelerate our progress on these goals. We are excited to have him join us.”

For more information visit Proserv’s website.

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