Andrew Neilson to succeed Jon Stanton as Chief Executive Officer of Weir

He will be succeeded by Andrew Neilson who will be elected to the Board of Directors today, after the conclusion of the AGM, and will become CEO Designate, before assuming full responsibilities as CEO on 1 August.

Andrew joined Weir in 2010 and is currently President of Minerals Division, the Company’s largest Division. During the past three years at the helm of Minerals Division, Andrew has significantly expanded our markets and transformed the operating platform to deliver growth and higher profitability. Prior to this, he served as President of ESCO Division and previously led the highly successful integration of ESCO into Weir. Earlier in his career at Weir, Andrew led the Minerals business across Europe and North Africa and held senior corporate roles, overseeing strategy and mergers and acquisitions. Throughout his career at Weir, Andrew has always put safety first while delivering strong financial results and developing leadership talent. With his breadth of experience and deep knowledge of Weir, combined with his track record of delivery, Andrew is an exceptionally well qualified leader to execute the Company’s strategy, driving Weir through its next phase of accelerating growth, with continued delivery of shareholder value.

Andrew will succeed Jon Stanton who joined Weir as CFO in 2010 and was appointed CEO in 2016. During his ten years as CEO, Jon has driven the repositioning of Weir into a focused mining hardware and software technology leader. Jon has led the exit of cyclical businesses and the acquisition of leading mining industry brands such as ESCO and Micromine, through disciplined capital allocation. He has facilitated the creation of multiple strategic growth initiatives to expand Weir’s addressable markets with new technology and has embedded sustainability at the heart of the We are Weir business strategy. Jon has implemented the Performance Excellence programme which has delivered a significant expansion in operating margins and created a lean and scalable platform for long-term sustainable growth. During his tenure, Jon has created a strong and enduring culture, with safety and employee engagement at its core, and has championed Andrew’s development.

Weir is now a stronger company and is well-positioned to become a quality compounder with significant long-term growth potential and best-in-class operating margins, delivering consistent cash generation and returns.

Read the article online at: https://www.globalminingreview.com/mining/01052026/andrew-neilson-to-succeed-jon-stanton-as-chief-executive-officer/