- Lamprell has appointed Christopher McDonald as chief executive and director effective 1 October, succeeding Jim Moffat who will be retiring from the company as previously announced.

Prior to his appointment, Mr McDonald held the position of Executive Vice-President and Group Head of Business Development with Petrofac based in the UAE where he had overall accountability for global sales for the company. McDonald, a US national, has extensive international experience in the EPC and oilfield services sectors having worked and lived in the USA, Asia, Australia, Europe and the Middle East. Prior to joining Petrofac, he spent 18 years with Halliburton/KBR during which time he served on the Board of MW Kellogg Ltd. and led KBR's worldwide lump-sum EPC sales and marketing activities. He has a Bachelor's degree in Mechanical Engineering from Cornell University. McDonald will join the company on 13 September and transition into the CEO role effective 1 October. Following a handover period, Moffat will take up his part-time consultancy role from mid-November until 31 March 2017 as previously announced and will stand down as a director on 30 September 2016.

At 9:33am: [LON:LAM] Lamprell PLC share price was +0.13p at 70.38p

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