Tekmar Group Announces New CFO Amid Strategic Growth Plans

The latest update is out from Tekmar Group plc ( (GB:TGP) ).

Tekmar Group plc has announced a significant change in its executive leadership, with Phil Lanigan set to join as Chief Financial Officer and Executive Director, following the departure of current CFO Leanne Wilkinson. Lanigan brings extensive experience in business transformation, growth, and mergers and acquisitions, which is expected to enhance Tekmar’s strategic initiatives, including their 3-5 year plan, Project Aurora. This leadership change is anticipated to strengthen Tekmar’s position in the offshore energy sector and drive future growth, benefiting stakeholders and aligning with the company’s strategic goals.

More about Tekmar Group plc

Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, focusing on delivering engineering-led solutions that support the global energy transition. The company operates through its Offshore Energy and Marine Civils Divisions, offering a range of services and technologies to support and protect offshore wind farms and other offshore energy assets. With nearly 40 years of experience, Tekmar optimizes and de-risks projects, solving engineering challenges, improving safety, and lowering project costs. Headquartered in Newton Aycliffe, UK, Tekmar has a global presence with offices and partnerships across Europe, Africa, the Middle East, Asia Pacific, and North America.

Average Trading Volume: 112,807

Technical Sentiment Signal: Sell

Current Market Cap: £8.46M

For an in-depth examination of TGP stock, go to TipRanks’ Overview page.