FT - John Carey -GripHero

GripHero, the developer of fuel nozzle-mounted hand-protection dispensers, has appointed former BP and ADNOC senior executive John Carey as chairman.

The move comes as GripHero looks to meet increased demand for safe, convenient and environmentally friendly hand-protection at forecourts and fuel stations globally. 

GripHero’s internationally patented hand-protection system is ATEX-certified and anti-static, allowing it to be fitted on fuel pump handles, which improves convenience and – combined with its single item release system – removes waste. With a plastic and carbon footprint over 70% lower than standard gloves, GripHero says it has been independently verified as the greenest product of its type on the market. 

Already in 2020, GripHero has experienced triple-digit sales growth. New supply agreements have made its core hand-protection products available to motorists on four continents, and continued expansion in these markets is expected before the end of 2020, as well as growth into a fifth continent. 

GripHero’s Founder and CEO, Oli Yeo, commented: “Demand for GripHero’s safe, convenient and environmentally friendly hand-protection has grown substantially in 2020 as consumers increasingly demand a better product. John Carey brings more than 30 years of downstream experience in the US, Europe and the Middle East, which will prove invaluable as we look to drive further growth and develop new product lines in the future. I am delighted to officially welcome John to GripHero.” 

John Carey was formerly a CEO of various BP fuel retail, B2B, refining and lubricants businesses in the US and Europe, before joining ADNOC Distribution to lead its successful $8.5bn IPO and transformation, which resulted in 22% EBITDA growth in his first year. 

“GripHero is a fantastic start-up success story that has a unique product which addresses a genuine consumer need for safe, convenient and environmentally friendly hand-protection,” said Carey. ”Oli is a first-class engineer who’s built an impressive business that is primed for further growth, particularly given increasing expectations around safety and hygiene in the COVID-19 era. I look forward to supporting Oli as the company develops in the future.”

GripHero is privately held and was established in 2017 by Oli Yeo.The business has since won several industry awards which are closely aligned to the company’s core values and attributes, including the 2019 APEA Environmental Protection and Improvement Award; the 2019 APEA Innovation Award; and the 2019 Tomorrow’s Health and Safety Award.