Ashtead Technology appoints CTO to support growth

International subsea equipment rental and solutions specialist Ashtead Technology has appointed Graham Clark to the newly created position of Chief Technology Officer (CTO) to accelerate its technology and digitalisation strategy.

Graham brings a wealth of knowledge and expertise to the role combining board-level experience in senior IT and digital transformation positions, with a track record in implementing technology-enabled solutions for global businesses. Prior to joining Ashtead Technology, Graham was Group IT & Business Performance Director at Regenersis Plc, where he led a digital transformation programme for thousands of users across multiple sites. Most recently, he was Founder and Managing Director of an IT consultancy, supporting high-growth companies with complex business and IT transformations.

Graham is a member of the Technical Advisory Community to Endava PLC, providing industry and technology consulting services to private equity companies and businesses with a particular focus on digital evolution and agile transformation.

Commenting on his appointment, Graham, said: “I am delighted to take on the role of CTO at Ashtead Technology, especially at such an exciting time in the company’s growth journey. Through organic growth and the integration of strategic acquisitions, we continue to scale the business internationally, so a robust technology strategy along with the ability to drive digital innovation is critical to help achieve our ambitious growth plans.”

Ingrid Stewart, Ashtead Technology’s Chief Financial Officer, said: “Attracting someone with Graham’s experience and expertise into the business is a great endorsement of our strategic ambition and will help accelerate our digitalisation journey.

“The success of our business depends on the agility, responsiveness and quality of our service delivery so Graham’s role will be key to optimise the efficiency of our own internal operations and ensure we are providing enhanced value to our customers.”

Ashtead Technology has made several senior appointments in its international locations and added 33 additional staff to its workforce this year to help support its customers in the delivery of the energy transition and ramp up its capabilities to meet the growing demand in offshore wind and decommissioning.

Since 2017, Ashtead Technology has acquired five businesses and, as a result, boasts one of the largest equipment fleets in the industry with over 17,000 assets.