Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, has announced the appointment of Judith Cottrell to its board as chief financial officer with effect from July 1, 2026.   

“As part of our review of succession planning, Paul Rayner had indicated he was considering retiring from his executive role by the end of 2026 and the company had initiated an external selection process for a successor,” said Speedy Hire.

“Judith’s selection and availability has resulted in Paul’s decision and the succession process concluding more quickly than anticipated.

“Paul will therefore step down from the board and as chief financial officer on 1 July 2026 after delivering the results to 31 March 2026.  

“He will remain with the company to allow for a smooth transition of responsibilities following a thorough handover process and will support some ongoing initiatives.

“Judith has extensive experience in senior financial and operational roles. Most recently as chief financial officer of Ricardo Plc and previously as the Group Finance Director for RPS Group Plc, where prior to that role, she held various senior roles within RPS, including Chief Executive of RPS’s UK & Ireland consulting business and Group Strategy Director.

“Judith is a member of the Institute of Chartered Accountants in England and Wales.”

Speedy Hire CEO Dan Evans said: “I am delighted to welcome Judith to the Board as Chief Financial Officer and at such an important time for the business as we continue to execute our strategy.

“Judith’s experience in leading finance functions, along with her extensive knowledge of the sectors we serve, and strong overall business leadership experience make her an ideal choice for Speedy Hire.

“I would also like to thank Paul for his significant contribution to Speedy Hire during his time as Chief Financial Officer.

“He joined the Board in July 2023 as we initiated our Velocity Strategy and has played a key part in the transformation of the business to this point. As he retires from executive life, the Board and I wish him the very best for the future.”