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Hargreaves Services' new non-executive director zeroes in on chairman role
Industrial, energy and property services firm Hargreaves Services announced on Friday that Roger McDowell has been appointed as a non-executive director with immediate effect.
The AIM-traded company said McDowell has "a strong record of driving shareholder value" and a wealth of experience in serving as a board member of publicly listed companies.
McDowell was managing director of Oliver Ashworth for eighteen years before the company was sold to St. Gobain.
Currently, he serves as non-executive chairman of Avingtrans plc and as non-executive director of Augean plc, Tribal Group plc, Proteome Sciences plc, Swallowfield plc, ThinkSmart plc and D4t4 Solutions plc.
McDowell is also set to take the role of chairman succeeding David Morgan who intends to step down immediately after the release of the group's results for the year ending 31 May 2018 on 1 August 2018.
Morgan served as a director since February 2012 and as chairman since October 2015.
A statement from Hargreaves said: "David has chaired the company through a number of challenging events over the last few years and leaves the group in a strong position to generate future shareholder value."
As of 0939 BST, Hargreaves Services' shares were down 0.44% at 338.00p.