After 10 years on the board of The Weir Group PLC, Keith Cochrane will step down as Chief Executive. The global engineering company, which includes valve and pump manufacturing, with branches in North and South America, is appointing Jon Stanton as Chief Executive designate, succeeding Cochrane, effective October 1, 2016.
Cochrane served first as Group Finance Director, then as Chief Executive since 2009. He will step down from the board at the end of September and will remain on hand to assist until the end of December 2016.
Stanton joined Weir in 2010 as Group Finance Director and has worked closely with Cochrane on the strategic and operational development of the business. Before joining Weir, Stanton was a partner at Ernst & Young advising several large international businesses.