G4S plc UK DK : Directorate change
August 15 2016 - 1:00AM
15 August 2016
G4S plc
Tim Weller to
succeed Himanshu Raja as Chief Financial Officer
G4S, the global integrated security group, today
announces that Tim Weller is to succeed Himanshu Raja as Chief
Financial Officer of G4S plc after Mr Raja retires from the Board
and steps down as CFO on 1st October.
Mr Weller, who is currently a non-executive
director of G4S plc, will step down from the G4S Audit Committee
with immediate effect. Further announcements will be made in
relation to changes to the membership of board committees in due
course.
Commenting on the announcement, Ashley Almanza, G4S's Chief
Executive Officer said:
"Tim is a highly accomplished executive with extensive commercial
and financial experience in global businesses. His experience and
skill will be invaluable in leading our global finance team and
supporting our broader transformation programme. It is greatly to
our advantage that Tim arrives with an already deep understanding
of G4S and our well established transformation programme.
On behalf of everyone at G4S, I would like to
thank Himanshu for the great contribution he has made over the past
three years, putting in place strong foundations for the
transformation of the finance, risk management and procurement
functions at G4S. He leaves with our best wishes for the
future."
John Connolly, Chairman of G4S, added:
"On behalf of the board, I am delighted that Tim, with both his
experience of working in global businesses and his knowledge of and
enthusiasm for G4S, will continue on the board, transitioning from
a non-executive to an executive role.
I would like to take this opportunity on behalf of
the board to thank Himanshu for his contribution over the past
three years."
This announcement contains inside
information and the person responsible for making this announcement
is Peter David, Company Secretary.
For further
enquiries please contact:
Helen Parris Director of Investor Relations +44
(0) 208 722 2125
Nigel Fairbrass Director of Media +44 (0) 7799 894265
Notes to
Editors:
About Tim Weller:
A chartered accountant by training, Tim was a
partner at KPMG before becoming a chief financial officer with
significant experience in the energy and utilities sectors
including CFO positions at Innogy, RWE Thames Water, United
Utilities Group PLC, Cable and Wireless Worldwide plc and most
recently at Petrofac Limited, the oil and gas service
provider. Tim has been a non-executive director of G4S plc since
April 2013, chairman of its audit committee since June 2014 and is
a non-executive director of the Carbon Trust.
About G4S plc:
G4S is the leading global, integrated security
company, specialising in the provision of security services and
solutions to customers. Our mission is to create material,
sustainable value for our customers and shareholders by being the
supply partner of choice in all our markets.
G4S is quoted on the London Stock Exchange and has
a secondary stock exchange listing in Copenhagen. G4S is active in
around 100 countries and has 600,000 employees. For more
information on G4S, visit www.g4s.com.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: G4S plc UK DK via Globenewswire
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