Appointment of Group Corporate Development Officer

Tuesday 5 February 2013: Kentz Corporation Limited (LSE: KENZ), the holding company of Kentz engineering and construction group, is pleased to announce that Mark Payton will take up the new position of Group Corporate Development Officer for the company. Within this new role, Mark will be responsible for leading Kentz's strategic planning, implementation and M&A activities.

Mark has over 30 years' experience in strategic planning and performance improvement, facilitation, acquisitions, corporate development and the creation of marketing programmes in the global engineering, construction and capital projects industries.

Since 2009, he has been working as an independent consultant providing strategy development consulting for a number of major engineering and construction companies around the world. For eight years prior to that, Mark was Vice President of Strategic Development and Planning and a member of the executive leadership team for Mustang Engineering. During this time, Mark led strategy development and acquisition activities focusing on global expansion into new geographic markets and service areas, as well as coordinating and developing overall corporate and regional strategies and action plans. 

Prior to joining Mustang, Mark managed a strategy and market research consulting business for over 16 years. He began his career in 1979 with MW Kellogg, a major US process engineering and construction firm, as Manager of Marketing and Planning.

Mark holds a Masters Degree in International Business from Thunderbird, The Garvin School of International Management and a Bachelor of Business Degree from the University of Arizona.

Christian Brown, Chief Executive Officer of Kentz, commented, "The creation of the Group Corporate Development Officer role provides Kentz with a strong in-house resource to ensure that our strategic goals are best achieved and we can strengthen our business capabilities in the most effective way, whilst continuing to build on our excellent base business. Mark has been working with Kentz as a consultant for some time and his industry experience and expertise in strategic development will be essential to Kentz as we look through 2013 and beyond."

Ends

Please find further information on the Kentz website www.kentz.com or contact:

Kentz Corporation
Limited
Tel: +44 (0)20 3159 4000

Paul Youens
Ronan Tyrrell

Tavistock Communications 
Tel: +44 (0) 20 7920 3150

Matt Ridsdale
Mike Bartlett
Emily Fenton

 

About Kentz

Kentz is a global engineering specialist solutions provider, which serves a blue chip client base primarily in the oil, gas, petrochemical, and mining and metals sectors. It is listed on the London Stock Exchange (symbol: KENZ). In the year ending December 2011, the company generated revenues of $1.37 billion and profit before tax of $79.4 million.

Kentz's three main Global Business Units are; Engineering, Procurement and Construction
(EPC) services, Construction, and Technical Support Services (TSS). It has over 14,000 employees in 29 countries and operates in some of the most remote locations on earth. 

 

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