Talisman Energy executive appointed as Finning CEO

By Murray Pollok09 May 2013

Scott Thomson, president and CEO of Finning International.

Scott Thomson, president and CEO of Finning International.

Caterpillar dealer Finning International is to appoint Scott Thomson as its new president and CEO, from 17 June, succeeding Mike Waites who announced his intention to retire in January.

Mr Thomson joins Finning from Talisman Energy Inc. where he was chief financial officer. Talisman, based in Calgary, Canada, is a global oil and gas exploration and production company and one of the largest independent oil and gas companies in Canada.

Before joining Talisman, Mr Thomson held several executive positions with Bell Canada Enterprises, and he is a former vice president at Goldman, Sachs and Co.

"We are extremely pleased to announce Scott's appointment and welcome him to Finning International," said Doug Whitehead, chairman of Finning's board. "Scott's international experience, broad financial capabilities, and considerable strategic acumen complement the leadership team's existing breadth and operational strength.

“His knowledge and background, along with an energetic leadership style, make him well-equipped to build on our successful track record of creating value at Finning over the long-term."

Mr Thomson said he was "pleased to join the strong Finning management team, and I am especially excited by Finning's business opportunities. Finning is strategically well positioned, and has succeeded by focusing on operations and customers. I very much look forward to working with the team to continue to build on their success."

Doug Whitehead paid tribute to outgoing CEO Mike Waites; “Mike's dedication and wisdom have been the hallmarks of his leadership and he was instrumental in repositioning the company for future growth."

Finning is the world's largest Caterpillar equipment dealer, selling, renting and servicing equipment and engines in Western Canada, Chile, Argentina, Bolivia, Uruguay, the UK and Ireland.

It is also one of the top 35 equipment rental companies in the world, with rental revenues in 2012 of €290 million.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Construction Europe Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
More News from Construction Europe
Strong second quarter figures from CNH
Company reports increases in order books
Sales for Caterpillar’s construction segment up 40%
Cat sees strong growth in second quarter of 2021 reflecting ‘continued improvement’ in markets
Terex bounces back in first half
Second quarter 2021 sales up 50%, with strong growth in AWP and material processing segements 
CONNECT WITH THE TEAM
Leila Steed Editor, Construction Europe Tel: +44 (0)1892 786261 E-mail: leila.steed@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA