Gulf Marine Services PLC Appointment of Chief Financial Officer (8612A)
07 February 2022 - 5:59PM
UK Regulatory
TIDMGMS
RNS Number : 8612A
Gulf Marine Services PLC
07 February 2022
7 February 2022
Gulf Marine Services PLC
('Gulf Marine Services', 'GMS', the 'Company' or the
'Group')
APPOINTMENT OF CHIEF FINANCIAL OFFICER
GMS is pleased to announce the appointment of Alex Aclimandos as
the Company's new Chief Financial Officer with immediate effect.
Alex brings with him a wealth of progressive international
financial management experience gained in over 27 years with
first-tier companies viz. Proctor & Gamble, ABB and Alvarez and
Marsal. In his recent role, Alex was the Chief Financial Officer at
Qatari Investors Group, a publicly listed company. He holds an MBA
and is a US Certified Management Accountant.
Andy Robertson who has most recently served in that role will
remain available to assist with an orderly handover of his duties
and responsibilities after which he will be leaving GMS after
almost 14 years of service with the Company.
Mansour Al Alami, GMS Executive Chairman, commented:
"I would like to welcome Alex to GMS. He brings with him a
wealth of relevant experience and joins us at an exciting time as
we continue with the Company's development.
"I also wish to thank Andy for his extensive contribution to GMS
over the years, having served as CFO through the update to the
Company's banking arrangements and its equity raise last year. We
wish him well for the future."
Enquiries:
Gulf Marine Services PLC Tel: +44 (0)20 7603 1515
Mansour Al Alami
Executive Chairman
Celicourt Communications Tel: +44 (0) 20 8434 2754
Mark Antelme / Philip Dennis
Notes to Editors:
Gulf Marine Services PLC, a company listed on the London Stock
Exchange, was founded in Abu Dhabi in 1977 and has become a world
leading provider of advanced self-propelled self-elevating support
vessels (SESVs). The fleet serves the oil, gas and renewable energy
industries from its offices in the United Arab Emirates, Saudi
Arabia and Qatar. The Group's assets are capable of serving
clients' requirements across the globe, including those in the
Middle East, South East Asia, West Africa, North America, the Gulf
of Mexico and Europe.
The GMS fleet of 13 SESVs is amongst the youngest in the
industry, with an average age of eight years. The vessels support
GMS's clients in a broad range of offshore oil and gas platform
refurbishment and maintenance activities, well intervention work
and offshore wind turbine maintenance work (which are opex-led
activities), as well as offshore oil and gas platform installation
and decommissioning and offshore wind turbine installation (which
are capex-led activities).
The SESVs are categorised by size - K-Class (Small), S-Class
(Mid) and E-Class (Large) - with these capable of operating in
water depths of 45m to 80m depending on leg length. The vessels are
four-legged and are self-propelled, which means they do not require
tugs or similar support vessels for moves between locations in the
field; this makes them significantly more cost-effective and
time-efficient than conventional offshore support vessels without
self-propulsion. They have a large deck space, crane capacity and
accommodation facilities (for up to 300 people) that can be adapted
to the requirements of the Group's clients.
Gulf Marine Services PLC's Legal Entity Identifier is
213800IGS2QE89SAJF77
www.gmsplc.com
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END
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