Dundee's Pryme Group looks from within for new CEO

Dundee-headquartered manufacturer Pryme Group has promoted a key figure to lead the business.

The private equity-backed firm has appointed Kerrie Murray to the role of chief executive two years after she joined Pryme as its chief financial officer.

The private equity-backed firm has appointed Kerrie Murray to the role of chief executive just two years after she joined Pryme as its chief financial officer.

Murray had been working in the oil and gas industry for more than ten years – latterly as director of international finance at Forum Energy Technologies.

Lawrence Ross, chairman of Pryme Group, said: “Kerrie’s track record as CFO of the company has been impressive during the past two years in creating value and steering the company finances during challenging times.

“In addition, since February, following the departure of the previous CEO, Kerrie has undertaken the role on an interim basis. During this time, she has proven her leadership skills and depth of understanding of the business; leaving us in no doubt as to her ability to drive substantial performance improvements and take Pryme towards a healthy future.

“We have thought hard about this appointment and considered a variety of options but, rather fortunately, by far the best choice was already on board.”

Murray said: “I’m extremely pleased to have been given the opportunity to lead a progressive company that has ambitious plans to establish itself across multiple industry segments, both in the UK and internationally.

“With the support of my colleagues across all parts of the business, I am confident that we can take full advantage of the group’s undoubted potential and emerge from the prevailing conditions in a strong position ready to achieve our longer-term growth objectives.”

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