Ashtead Technology Holdings plc announced the appointment of Jean Cahuzac as a Non-Executive Director of the Group effective immediately. Jean Cahuzac has held senior executive roles in the subsea services sector spanning a period of 40 years. He was appointed Chief Executive Officer of Acergy S.A. in 2008 and in 2011, post-merger, became the Chief Executive Officer of Subsea 7 S.A., a position he held until his retirement in December 2019.

Previously, Jean held senior executive roles in Transocean and Schlumberger Sedco Forex. Since retiring from Subsea 7 as the CEO he has remained very active in the sector and in addition to remaining on the board of Subsea 7 as a non-executive director, he also holds non-executive board positions in Bourbon and Seadrill. In addition, Jean currently serves as Chair of Evolen.