News & Media

NEWS

Omar Group Welcome New Finance Director

Categories

Current Portfolio

15th May 2018

Omar Group is delighted to announce the appointment of Derek Chilton as Group Finance Director. Derek joined the group from Taylor Hobson, a £55M turnover instrumentation business, which is part of $4B US quoted group Ametek Inc, and brings with him 30 years of experience in key financial roles with manufacturing enterprises, as well as 7 years’ experience working alongside private equity investors.

At Taylor Hobson Derek was responsible for finance, HR and the commercial back office. He has lead ERP implementation teams, has had significant exposure to M&A activities, due diligence and merging businesses, and has successfully managed cash in a leveraged environment.

Dean Westmoreland, Group Chairman & Chief Executive, commented: “I am pleased to welcome Derek to the Omar team, he is a highly capable and seasoned Finance Director with a strong track record of delivery. Derek and I worked together for nine years at the Precision Instruments Group, selling the last of the group companies, Taylor Hobson to Ametek Inc in 2004. I will be sad to see our former Finance Director Tim Silk leave us later in the year, as he has helped steer the group through a particularly challenging period of strong growth, as well as helping to secure external investment from Rutland Partners. Tim has chosen to pursue other interests and we all wish him the very best of luck in his new ventures”.

Derek Chilton, Group Finance Director commented: “I am thrilled to have the opportunity to work alongside a team that have such passion for the product and brand. Whilst I’m new to the park home and luxury lodge industry, I have many years of experience within manufacturing which will undoubtedly put me in good stead. I look forward to building my knowledge of the industry and meeting both the extended team and our customers”.