DCC PLC Appointment of Chief Executive Officer, DCC Energy (8800Q)
30 June 2022 - 11:59PM
UK Regulatory
TIDMDCC
RNS Number : 8800Q
DCC PLC
30 June 2022
30 June 2022
Appointment of Chief Executive Officer, DCC Energy
DCC plc, the leading international sales, marketing, and support
services group, announces the appointment of Dr. Fabian Ziegler as
Chief Executive Officer of DCC Energy. Fabian will commence the
role on 1 November 2022.
Fabian has extensive senior leadership experience in the energy
sector having held various senior management roles in Shell plc
during his 26-year career. He is currently Country Chair of Shell
Germany and Chair of the Management Board with responsibility for
Shell's businesses (upstream, downstream, power and renewables) in
the DACH region. In his current role Fabian is at the forefront of
energy transition having developed and driven Shell's net zero
emissions plans for the region. Prior to his current role, Fabian
was the Chief Procurement Officer for the Shell Group. He has also
led major global transformation programmes and has held various
general management roles in fuels, lubricants and LPG.
The breadth of Fabian's leadership experience in the energy
sector, coupled with his ambition to drive the energy transition,
will enable DCC to accelerate its Leading with Energy strategy.
As previously announced, Eddie O'Brien will lead DCC Energy
until Fabian's arrival and will then transition to his new role as
Chief Strategy & Sustainability Officer for DCC plc.
DCC announced its new Leading with Energy strategy at its
capital markets event on 17 May 2022. DCC Energy's strategy is to
accelerate the net zero journey of our customers by leading the
sales, marketing, and distribution of low carbon energy solutions.
The capital markets event outlined the growth opportunities
available to DCC Energy through energy transition and how DCC
Energy's multi-energy product and service offerings are enabling
customers to lower their carbon footprint. For further information
and a recording of the event, please see here.
Commenting on the appointment, Donal Murphy, Chief Executive,
said:
"We conducted an extensive global search to find the best
candidate to lead DCC Energy as it embarks on its next phase of
growth and development. Fabian is an excellent addition to our
senior management team in DCC. His track record of success, his
extensive experience in the energy industry and in energy
transition and his significant experience in leading large
organisations leave him ideally placed to lead DCC Energy. We have
a clear strategy to accelerate the net zero journey of our
customers by leading the sales, marketing, and distribution of low
carbon energy solutions. And I have no doubt that this will be a
winning strategy under Fabian's leadership. I look forward to
welcoming Fabian to DCC and working with him to deliver this
exciting strategy in the years ahead."
Contact information
Investor enquiries:
Rossa White, Head of Group Investor Tel: +353 1 2799 400
Relations
Hollie Daly, Investor Relations Email: investorrelations@dcc.ie
Manager
Media enquiries:
Powerscourt (Eavan Gannon/Genevieve Tel: +44 20 7250 1446
Ryan)
Email: DCC@powerscourt-group.com
About DCC plc
DCC is a leading international sales, marketing and support
services group with a clear focus on sustainable growth. DCC is an
ambitious and entrepreneurial business operating in 21 countries,
supplying products and services used by millions of people every
day. Building strong routes to market, driving for results,
focusing on cash conversion and generating superior sustainable
returns on capital employed enable the Group to reinvest in its
business, creating value for its stakeholders.
Headquartered in Dublin, the Group operates across three
sectors: energy, healthcare and technology, employing over 15,400
people. DCC plc is listed on the London Stock Exchange and is a
constituent of the FTSE 100. In its financial year ended 31 March
2022, DCC generated revenue of GBP17.7 billion and adjusted
operating profit of GBP589.2 million.
DCC has an excellent record, delivering compound annual growth
of 14% in adjusted operating profit and generating an average
return on capital employed of approximately 19% over 28 years as a
public company.
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www.dcc.ie
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