Ferguson’s announces, that after two years at the company, Hair will step down as turnaround director. He spent two years as turnaround director. He will be replaced by Tydeman in February. Chairman Alistair Mackenzie:
[It is] the right time to welcome a permanent and longer-term leader…The board and wider team at Ferguson Marine extend our thanks to Tim Hair for his leadership, expertise and commitment over the past two years. It has been challenging, not least because of a global pandemic, but he has implemented a series of important changes, systems and controls and built an experienced and skilled team to strengthen the business and establish a solid footing for growth.