Hewden CEO Kevin Parkes to stand down

Chief executive announces his intention to leave before end of January after six years at the helm

HEWDEN’s chief executive officer, Kevin Parkes, has today announced his intention to stand down as CEO by 31 January 2015.

Mr Parkes, a former director at Finning (UK) Ltd, took over at Hewden in 2009, leading the business after the sale to private equity company Sun European Partners LLP.

During his time at the company, Hewden launched their highly successful Core Fleet brand, the first next-day guaranteed service proposition for plant and access products.

Positive market response led to further successful launches of both an accommodation and a crane version, in addition to a new service proposition for London and the company’s industrial business.

Commenting on his announcement, Mr Parkes said: ‘It has been my pleasure to lead Hewden over the past six years. Through challenging times we have radically reorganized and rebuilt the business, relentlessly executing our strategy so that Hewden are best placed to take advantage of the recovering market.’

He added: ‘I wish Hewden well as they transition, in time, to a new leader – a process I will fully support over the coming months.’

The company commented: ‘Throughout his career Kevin has demonstrated his commitment to Hewden and the wider construction equipment and plant hire industries. He made a strong contribution to the development and success of the company and was widely respected by his peer group, customers and colleagues. We wish him every success in his future career.’

A further announcement is expected early in the New Year.