HSS Hire boss steps down a month after issuing profit warning

HSS Hire, a tool and equipment firm, replaces chief executive a month after issuing a profit warning, and reporting deepening half-year losses.
After nine years in charge, Chris Davies steps down. His replacement, chief operating officer, John Gill, will step in immediately.

Alan Peterson, HSS Hire Chairman, said: “John’s record and strong leadership skills ensured that he has been a central part of the board’s thinking on succession planning for some time.”

Davies will stay with HSS Hire until the end of the year for a handover period. He will leave with his 38 weeks prior salary, but will not receive his annual bonus.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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