Rurelec PLC

About us

Biographies

  • Paul Shackleton Open or Close

    Non-Executive Director

    Term of office

    Paul joined the Board of Rurelec PLC on 26 July 2021. He is a member of the Audit, Remuneration and Nominations Committees. He will stand for election at the 2021 annual general meeting.


    Background and experience

    After university, Paul spent six years as an officer in the British Army. In 1996 he joined UBS limited where he worked with small caps covering Mergers and Acquisitions and Equity capital markets for listed and AIM traded companies. He subsequently joined Singer & Friedlander Limited where he was a founder member of the team which undertook a MBO to form Bridgewell Limited.  Since then, he has continued to specialise in small companies; his experience also includes being an adviser to Rurelec between 2006 and 2017.After university, Paul spent six years as an officer in the British Army. In 1996 he joined UBS limited where he worked with small caps covering Mergers and Acquisitions and Equity capital markets for listed and AIM traded companies. He subsequently joined Singer & Friedlander Limited where he was a founder member of the team which undertook a MBO to form Bridgewell Limited.  Since then, he has continued to specialise in small companies; his experience also includes being an adviser to Rurelec between 2006 and 2017.


    External appointments

    Paul is a corporate finance adviser at Arden Partners PLC.

  • Andrew Coveney Open or Close

    Executive Director

    Andy is a Chartered Accountant, qualifying with Deloitte Haskins and Sells in 1991 then specialising in Corporate Finance advisory work. In 1993, he embarked on a 15 year spell as FD/MD of several financial and operational turnarounds in the manufacturing and distribution sectors, starting with the acquisition and susbsequent turnaround of CP Pharmaceuticals Limited, a loss-making division of Fisons plc before it was sold to Wockhardt Group a decade later. Subsequent roles included Benders Holdings Limited and Bernstein Group Holdings Limited before returning to the advisory world as a partner in Campbell Woolley LLP. Founded Coveney Associates Consulting in 2010 providing FD advice, turnaround services and cashflow management advice to a portfolio of businesses, including taking investments in some of those companies.


    Term of office

    Andy joined the Board of Rurelec PLC on 16 November 2016. He has been re-appointed at the annual general meeting dated 27 June 2019.

    Andy is also a director of some of the Rurelec Group subsidiaries:

    • - UK subsidiaries: Cochrane Power Limited and Rurelec Project Finance Limited.

    Background and experience

    A Chartered Accountant, qualifying with Deloitte Haskins and Sells in 1991 then specialising in Corporate Finance advisory work. In 1993, Andy embarked on a 15-year spell as FD/MD of several financial and operational turnarounds in the manufacturing and distribution sectors, starting with the acquisition and subsequent turnaround of CP Pharmaceuticals Limited, a loss-making division of Fisons plc before it was sold to Wockhardt Group a decade later. Subsequent roles included Benders Holdings Limited and Bernstein Group Holdings Limited before returning to the advisory world. Founded Coveney Associates Consulting in 2010 providing FD advice, turnaround services and cashflow management advice to a portfolio of businesses, including taking investments in some of those companies.


    External appointments

    Andy is also a director of Coveney Associates Consulting Limited, a position he has held since 2011.

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