LGH & LGH Winches Europe Names New Finance Director
Leading lifting and winching equipment rental company LGH & LGH Winches Europe has named Niels de Gelder as its new finance director.
The new role is part of LGH and LGH Winches' ongoing geographic expansion, aligning with the company's long-term objectives. This growth necessitates complex financial management at an international level, requiring dedicated strategic oversight. De Gelder’s appointment fosters financial discipline, supports expansion plans, and enhances governance, making them a crucial addition to the executive team as the business continues to grow.
De Gelder first started his career at LGH in 2011 and was with the business for four years. He rejoined LGH in 2019 after working as an interim business and finance consultant, which included roles at Canon Medical Systems Europe, VU University Medical Centre, and the Dutch Ministry of Justice and Security. In 2021, Niels was promoted to finance business partner at LGH, growing his remit so it covered the entire European division for LGH and LGH Winches.
De Gelder will now be overseeing the group’s financial health and strategy, ensuring the business meets its financial obligations and achieves its long-term financial goals. He is also a member of the board of directors.
Financial expertise
On a day-to-day basis, de Gelder will be delivering financial advice, developing necessary policies and procedures to ensure efficient financial management and control while guaranteeing the company remains compliant with diverse tax laws and financial regulations across multiple territories. He will also be responsible for forecasting future performance, managing all financial operations and overseeing the HR function.
“I am excited to step into this new role and join the board of directors as finance director,” de Gelder said. “I have had already a bit of a taste over the last year and look forward to building on the success of the company and help grow its presence in all our locations.”
Andy Mault, LGH CEO said: “Niels has been on a development program over the past few years, and from the outset of the new board’s formation, it was always the intention to appoint a financial lead. Throughout this journey, Niels has grown significantly, gaining the experience and knowledge needed to step confidently into this executive role. I would like to congratulate him on this well-deserved appointment. His dedication and development have been evident, making this next step a natural and exciting progression.
"Niels brings a strong European perspective to the group and consistently demonstrates sound judgment and a clear understanding of his responsibilities. His insights, experience, and fresh perspective will be invaluable as we continue to evolve and grow LGH Europe into a stronger, more unified, and profitable business. I look forward to working closely with Niels in the years ahead as we strive to become the lifting hire partner of choice for all our customers.”
LGH is No. 49 on the RER 100.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.