Nucore Group appoints new CEO

Mark Fraser
Mark Fraser

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Aberdeen-based Nucore Group has appointed Mark Fraser as its Chief Executive Officer and Russell Ward as its Non-Executive Chairman.

Nucore Group, is a portfolio of specialist engineering companies including Oteac Ltd and HVAC & Refrigeration Ltd,  that provide engineering products and services, from fire and security to climate control engineering to the offshore oil and gas, onshore petrochemical and marine industries, as well as large private and public sector clients.

Mark joined the group in 2018 as CFO, working closely with the senior management team to drive performance across the group.  As a certified accountant with extensive international experience, Mark takes the helm of leading Nucore Group forward, helping each business unit to maximise their opportunities.

Russell has a wealth of global industry experience, providing strong vision and leadership focus with strategic-level business insight.  As Nucore Group continues to expand and develop an international presence for a range of products and services supporting a variety of industry sectors, Russell’s experience will prove invaluable to the organisation.

Following his appointment Russell said: “I’m pleased to be joining the Board of Nucore Group as Non-Exec Chairman and the opportunity to work with Mark, the team and the investors to assist them in their growth and development plans”

The offshore energy sector is a crucial sector for Nucore Group.  In Q1 2019 the group expanded its workforce with several technical and engineering appointments, several of which dedicated to providing support for the offshore energy sector.

On his appointment, Mark said: “I’m delighted to have been appointed as the group’s CEO.  I have just returned from Houston, where I met with other business leaders to showcase Nucore Group’s experience in the offshore energy sector.  We are looking forward to building on our company’s strong track record to further expand our international reach, all of which is supported by our strong and very experienced workforce.”


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