Penny Heads Biz Development, ACE Winches

ACE Winches has appointed Derek Penny as head of group sales and business development. With 18 years experience in the upstream and downstream oil and gas, marine and naval defence markets, Penny joins the company from subsea engineering company, SMD, where he was engaged in strategic business development. Derek gained his BSc at Glasgow University and his MBA at Dundee University. Penny has previously worked with Shell, Tyco, ABB and IMES.