Long-serving MD of plant hire company passes away

Paul Wood, the managing director of Wolverhampton plant hire firm Andrews Sykes, has passed away after a short illness, aged just 58.

Wood had been with the listed company since joining from school in 1978.

A statement from the company said: “The board of Andrews Sykes is deeply saddened to announce the death of its long-serving managing director, Paul Wood.

“Paul himself worked for the group for the whole of his working life, joining from school in 1978. Having risen to the top of the business, his leadership has been exemplary, and he has delivered excellent and consistent returns for shareholders.

“Equally, he has built a strong management team around him and in Carl Webb we have a fine leader who has been the group’s acting managing director since Paul’s illness was announced.”