(Alliance News) - DCC PLC on Monday said it has promoted Head of Capital Markets Kevin Lucey to chief financial officer, taking over from Fergal O'Dwyer who will be retiring from the company.
O'Dwyer has held the role since 1994 and will be stepping down on July 17.
Lucey was finance and development director at DCC from 2010 to 2015. He then served as head of group finance from 2015 to 2017.
In a separate statement, the Irish support services firm said it has hired Tufan Erginbilgic as a non-executive director effective from April 6.
Tufan is currently chief executive of BP PLC's Downstream segment, a role he has held since 2014. Prior to that he was chief operating officer of Downstream. He was chief executive of BP's Lubricant's division from 2006 until 2007.
"I warmly welcome Tufan to the board. His leadership experience and expertise in the downstream global fuels, lubricants and petrochemicals businesses will deepen board knowledge and insight in regard to key sectors in which DCC operates, said DCC Chair John Moloney.
"His detailed knowledge and experience of new energy technologies and applications are of particular relevance to DCC as we continue to expand the range of cleaner energy products and services we provide," he added.
Shares in FTSE 100-listed DCC were trading 3.4% lower at 6,038.00 pence each on Monday morning in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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