JDR APPOINTS SENIOR BUSINESS LEADERS TO THE BOARD OF DIRECTORS

: JDR, the leading UK based supplier of subsea umbilicals and power cables to the offshore energy industry, has appointed Rob Hastings and Alan Wilson as Non-Executive Directors.

Rob Hastings is currently a Director at The Crown Estate, which is an independent commercial property business, incorporated through an act of parliament and managing extensive UK-wide land holdings. As Director of the Energy & Infrastructure portfolio, Rob has played a key role in the commercial development and asset management of the UK’s seabed. He is also a Director of Indigo Power Ltd, and Indigo Solar LLP which are both investing in low carbon energy solutions.

Alan Wilson brings an extensive background in oil and gas with over 30 years’ experience in the offshore subsea sector including five years as CEO of Trelleborg Offshore Limited, a Swedish-listed business with over 20,000 employees in 40 countries, which provided him with exposure to the offshore wind energy developments in addition to oil and gas. Alan has extensive experience working as a NED and Chairman on the boards of private equity backed and publicly listed companies, including M&A transactions for both.  Alan is currently a Non-Executive Chairman of a number of businesses, including Pressure Technologies, Rimor Limited and Modern Water.

The Executive Chairman of the JDR Board of Directors, Pat Herbert, said:

“Rob Hastings and Alan Wilson add a wealth of experience to our already highly experienced board of directors. We will all look forward to working closely with both of these seasoned executives as they bring the benefit of their knowledge, experience, perspective and networks in support of JDR’s continued growth”

JDR Chief Executive Officer, David Currie, added:

“I am delighted to welcome Rob and Alan to JDR at such an exciting time. Our strategy of investing in technology, services and productivity means that our order-book in offshore renewables continues to grow and we are maintaining our strong market share in the oil and gas sector. Our recent multi-year framework agreements with Dong Energy and tidal energy developer Atlantis Resources demonstrate the depth of our partnerships in the rapidly growing renewables sector. Meanwhile, recent contract wins with Marathon, Apache and Subsea 7 in the UK North Sea demonstrate the value that our partners continue to place on our expertise in the face of a challenging sector environment. The investment we have announced in expanding our state-of-the-art Hartlepool facility will support the next phase of our growth, enabling us to offer unrivaled technical expertise to design, test and deliver the next generation of subsea technology for our customers”

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