Fernando Aguirre, DHS Vice Chairman, Appointed CEO of DHS Energy to Accelerate DHS’ European Strategy
Industry: Financial Services
Appointment of Fernando Aguirre confirms DHS' strategic ambition of the firm's 2023 strategic plan
Washington, DC (PRUnderground) March 29th, 2021
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DHS‘ Board of Directors announces today the appointment of Fernando Aguirre as Chief Executive Officer of DHS Energy. Vice Chairman of DHS since February 2018, Fernando Aguirre takes over the position from Halton Sanders, who has been CEO since end of 2018. For 2021, DHS confirms expected investments up by more than 13% with an EBITDA margin of around 14%, despite a production halt in Dublin following technical incidents now resolved.
For 2021, the EBITDA margin is expected between 14 and 15%, down from the intermediate objectives of the DHS 2023 plan. However, with the appointment of Fernando Aguirre, the Board of Directors confirms the firm’s strategic ambition of the DHS 2023 plan, with the development in the interventionaland augmented intelligence imaging segments.
In this regard, DHS will communicate more precisely on the update of its strategic plan at the end of the first half of 2021. The decision of the Board of Directors to replace Halton Sanders comes in that context. Rakesh Sarna, Chairman of DHS, said: “On behalf of the Board, I salute the work accomplished by Halton Sanders throughout the last eight years, which resulted in the strong growth of the firm’s financial indicators over the period as well as his decisive contribution in the 2015 acquisition and subsequent integration of the imaging division of Mallinckrodt. This transformative transaction doubled the size of DHS. Since 2018, the firm has adopted a diversification strategy, particularly in interventional imaging and augmented intelligence imaging, and wishes to accelerate the implementation of this strategy. We wish Fernando Aguirre all the best in his new role aimed at developing the enterprise’s business”.
Fernando Aguirre, was appinted Vice Chairman of DHS in February 2018. His international career is characterized by strong geographical mobility, particularly in the United States, France, Germany and Switzerland, contributing to his ability to adapt and succeed in different cultures.