C&M Group announces a new senior management line-up to drive the business forward.
Gordon Angus joined C&M last summer as chief financial officer and was appointed managing director in September to steer the company forward and drive its growth in both its present and new markets.
Mr Angus, a member of the Institute of Chartered Accountants, co-founded Peak in 1997 and was pivotal in growing the business to a £100 million turnover. The company, when it was sold to Norwegian company AGR in 2006, had offices in four countries and over 400 staff and contractors. Mr Angus brings this track record to C&M and plans to build on the company’s existing successful businesses by adding new senior management and developing and growing the business into new markets and geographic areas.
Mr Angus has been joined by Colin Smith who will lead the engineering contracting business, bringing his experience and knowledge of the oil, gas and marine markets to C&M.
A Chartered Engineer and Fellow of the Institute of Electrical Engineers, Mr Smith has extensive experience in the oil and gas industry having spent more than 20 years working in both the upstream and downstream sectors and in both operating and contracting organisations.
To complete the line-up, Jim Eccles, a marine engineer with over 30 years experience joined C&M in the latter part of last year to project manage the major conversion of the MV Paardeberg – a 14,000 tonne former Russian Class ice-breaker. Once completed and renamed as the Ice Maiden 1, she will be the only mono hull vessel of its type and capability, being a 400 single person accommodation vessel, capable of operating anywhere in the world.
Highly regarded in the marine industry, Mr Eccles is a mechanical engineer, a member of the Institute of Marine Engineers and an Incorporated Engineer of the Engineering Council.
Mr Angus says: “We are delighted to have attracted quality senior managers of Colin and Jim’s calibre to C&M. With their electrical, contracting and ship building/repairing experience, we look forward to them being able to develop the business further in these areas of expertise”.
Mr Angus went on to say that the initial timescale for the conversion of the Ice Maiden 1 was over-ambitious and that, after a comprehensive review, C&M is now able to announce that the vessel will be delivered by the end of 2008.
Commenting on the vessel, Mr Eccles says: “The Ice Maiden 1 is an out-standing concept and C&M is to be congratulated for their courage and ambition in taking on a project of this scale. Despite the slippage, the Ice Maiden 1 will be a unique accommodation vessel with ice-breaking capabilities. Ice Maiden 1’s earning potential will be highly significant for the Group.”