World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Rachel McCausland named as Lowe CEO

UK: Rachel McCausland, chief commercial officer at the Lowe Corporation, has been appointed CEO of the refrigeration, commercial catering equipment and kitchen rental company amongst a number of board changes. 

McCausland joined Lowe in 2008 as rental sales manager EMEA, becoming sales and marketing director for Lowe Rental in 2014 and CCO in January 2021.

Outgoing CEO Rodney Lowry, who purchased Lowe in 2008, will stay within the business as executive chairman. 

In recent times, Rachel McCausland is said to have played a vital role in driving the expansion of Lowe’s portfolio of services through several key acquisitions, which has included kitchen infrastructure specialist PKL, UK refrigeration design consultants Abbey Design Associates and Spherica Systems a IoT (Internet of Things) environmental technology platform business.

Outgoing CEO Rodney Lowry (2nd from left) with Rachel McCausland and new CFO Neil Gamble (right) and Fergus McIlduff (left)

Neil Gamble joined Lowe in March as the business’ new chief financial officer replacing Paul Lavery. Gamble joins Lowe from Swiss real estate leasing company IWG plc.

Taking up a newly created role of chief transformation officer is Fergus McIlduff, who joined the company in February from Lisburn-based digital transformation consultancy Xperience. Due to Fergus’s longstanding experience in the tech industry, he will also take up the chairmanship of LoweConex, the company’s IoT data platform and hardware company.

Commenting on her appointment as CEO, Rachel McCausland said: “Like many others, the business has been through some challenging times over the last two years but has continued to show resilience, and I am extremely excited for the future. Our accelerated growth plans bring new opportunities to all the operating regions, and as of today we are pleased to have over 30 open positions within our core rental space and innovative technology business.

“Rental growth within existing and new territories will play a big part in our future development as well as our newly acquired software platform LoweConex, which positions us now firmly in the climate tech world,” she added.

Latest News

26th February 2024

Brian Streatfield 1936-2024

UK: Brian Streatfield, a man who was instrumental in the formation of Carrier in the UK during the 1970s, died at the weekend. He was 87.
25th February 2024

Safety is vital in global F-gas transition

UK: Institute of Refrigeration president Graeme Fox has warned of the real-world issues that the “rapid transition” to “natural” refrigerants poses for developing countries.
25th February 2024

Terrie Lamb wins lifetime achievement award

UK: Terrie Lamb of Cimetrics was recognised for 25 years of dedication to the RACHP sector in a night of awards at Thursday night’s annual Institute of Refrigeration (IoR) dinner.
25th February 2024

Boosting EV range with microwave energy

UK: Researchers from the University of Birmingham are working on an energy storage system which couples a chemical heat pump with microwave energy to produce heating or cooling on demand.
25th February 2024

Home heat pump install for newly-trained engineers

UK: A UK charity is proposing to give newly trained heat pump installers an air-source heat pump to install in their own home.
23rd February 2024

Hoshizaki acquires 25% stake in Fogel

PANAMA: Japanese refrigeration equipment manufacturer Hoshizaki has acquired a 25% stake in Fogel Company Inc, a manufacturer of commercial refrigeration equipment based in Republic of Panama, for US$28m.