Algeco Group, the leading modular space leasing business in Europe and Asia Pacific, has announced that Mark Higson has joined the group as its new Chief Executive Officer. Algeco has also announced that Bruce Melizan, Chief Operating Officer, left the business on 31 January 2020.
Mark was most recently the Managing Director of Wolseley UK, a leading plumbing, heating and cooling trade specialist merchant. Before joining Wolseley in March 2018, Mark was Managing Director at the Royal Mail from 2007 to 2014, where he managed the operational turnaround of the letters and parcels business.
Under Mark’s leadership, Algeco will continue to focus on its clear priorities for driving profitability across the business through effective capital investment, a focus on optimising sales and granular management of branch level performance, an efficient cost base, and a targeted acquisition strategy.
Mike Smith, Chairman of Algeco, commented, “I am delighted that Mark has now started with us as our new CEO. Mark is a highly experienced operational leader with a proven track record, having spent much of his career running a range of large UK and international branch-based businesses. He has demonstrated strong management skills and the strategic insights that we believe will build on the strengths of our business today and lead Algeco through its next phase of growth.”
Mark Higson said, “Algeco is a great company with very exciting prospects. I am working with people in the business to rapidly develop my knowledge of the group and very much look forward to delivering value for customers, returns to investors and great opportunities for our people.”
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