New CEO takes the reigns at Fulcrum

Martin Harrison, Fulcrum’s Chief Financial Officer, has officially become the Chief Executive Officer of the UK’s leading independent multi-utility infrastructure and service provider.

Martin Harrison takes on the role from 1st August, replacing outgoing CEO, Martin Donnachie, who announced he was standing down earlier this year.

Having joined Fulcrum three years ago, Martin Harrison has played a pivotal role in the profitable growth of the company, which recently announced a record profit before tax of £6.5m, compared to £4.3m in 2016.  

Prior to joining Fulcrum, Martin Harrison was Divisional Finance Director of Lafarge Tarmac Contracting from 2010 to 2014, with financial responsibility for the UK and Middle East markets. Previously, he spent three years with KPMG, working on merger and acquisition and corporate restructuring, and 11 years with Saint Gobain / BPB plc.

Fulcrum’s Group Financial Controller, Hazel Griffiths, succeeds Martin Harrison as Chief Financial Officer.

To support the Company’s continued growth strategy and operational expansion, Ian Foster has been appointed as Chief Operating Officer. Ian Foster has worked within the Fulcrum business for over 14 years and is a veteran with over 35 years within the UK utilities industry, having worked for British Gas and National Grid.

Martin Harrison, Fulcrum’s Chief Executive Officer, said: “I am very proud to become CEO at an exciting time in the Company’s development.  Fulcrum is well positioned to grow sustainably in the utility services market with a balanced approach across the different routes to market, asset ownership and a commitment to efficient safe operations and customer service. Looking forward, the opportunities for further improvement and value creation remain attractive. We are confident about the growth opportunities and our ability to leverage our robust and scalable operating platform. We believe the outlook remains positive and that the Company continues to be well positioned to make sustained progress in the years ahead.”

Fulcrum Martin Harrison Ceo

03/08/2017

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