Pryme Group Appoints New Chief Financial Officer

22.06.2020
A leading private-equity backed manufacturer has moved decisively to bolster its leadership team with the appointment of a new chief financial officer (CFO).



Pryme Group has named Tyler Buchan as successor to Kerrie Murray following her recent promotion to the role of CEO.

The business, which is headquartered in Dundee and has operations across the UK, including one in Ellon, Aberdeenshire, provides integrated manufacturing solutions to a variety of industries, including the energy sector.

Tyler possesses a wealth of finance experience, having held key roles for global oilfield specialist Forum Energy Technologies and, most recently, BrewDog – where he was head of financial processes for the past 18 months.

Having worked closely with Kerrie as part of the same team at Forum between 2011 and 2018, latterly as UK finance director, Tyler will now assume the role of CFO with a remit to deliver Pryme Group’s growth and diversification strategies through effective financial management, forecasting, and reporting.

A graduate of the University of Aberdeen, Tyler is a chartered accountant and completed his qualifications whilst working for PwC in the firm’s Granite City office as well as gaining international experience.

Commenting on the new role, Tyler said: “While my previous working relationship with Kerrie was a factor in my decision, the opportunity to lead a finance function was simply too good to turn down. I thoroughly enjoyed my time at BrewDog – working alongside some fantastic people – but now have a chance to join another fast-growing business with a huge amount of potential.

“I’m looking forward to getting to know my new colleagues in the finance team and building upon the positive work done to date by Kerrie towards profitability and achieving the objectives we’ve set as a leadership team.
“As we continue to navigate our way through this challenging period, we are beginning to see more positive signs from the market in terms of activity.”

Kerrie Murray, CEO of Pryme Group, added: “Having worked closely with Tyler for a large part of each other’s careers to date, I’m delighted to welcome him to the team at Pryme Group and look forward to driving the company forward together.

“Tyler brings a varied skillset and impressive track-record in managing successful teams; honed through his experiences working in the oil and gas industry and for one of the country’s fastest-growing companies.

“I’m confident he will be an important asset to the whole company as we move beyond the current global crisis and look to capitalise on the opportunities presented by the new normal environment.”

With headquarters at West Pitkerro Industrial Estate, Dundee, Pryme Group offers a complete turnkey service for global contract manufacturing; combining high-quality machining with design capability, project management, precision machining, fabrication, coatings, hydraulic services, assembly, and testing.

The business is targeting organic growth in the UK and overseas across its markets of energy, defence, mining, healthcare, electric powertrain, and food and industrial equipment manufacturing.


Location: UK









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