Intertek Group PLC Directorate Change (0262B)
October 05 2020 - 1:00AM
UK Regulatory
TIDMITRK
RNS Number : 0262B
Intertek Group PLC
05 October 2020
INTERTEK GROUP PLC
Board Change
5 October 2020
The Board of Intertek Group plc ("Intertek" and the "Group"), a
leading Total Quality Assurance provider to industries worldwide
today announces changes relating to its Chief Financial Officer
(CFO) position.
Ross McCluskey , currently Group CFO, will be appointed into a
new operational role in the business from 1 April 2021. Ross has
been an outstanding performer in his CFO role and he makes this
exciting move with our full support. Ross has been with Intertek
for over 4 years starting as our Group Controller and latterly the
CFO.
During his time as our Group CFO, Ross has had several
noteworthy achievements including:
-- Contributing to the implementation of our 5x5 differentiated strategy for growth
-- Driving operational excellence through the delivery of our
disciplined approach to performance management
-- Improving our margin with the implementation of our accretive
portfolio strategy and our strong focus on productivity
improvements
-- Improving our Free Cash Flow generation with continued reductions in working capital
Jonathan Timmis , currently CFO Health for Reckitt Benckiser,
will be joining Intertek as Intertek's new CFO, on or just before 1
April 2021.
Jonathan has had an exceptional career with some of the top
companies in the world. At Reckitt Benckiser, prior to his current
role he has been the Group Controller, Regional Finance Director
for North America and Regional Finance Director for Southern
Europe. Prior to his time at Reckitt Benckiser, Jonathan spent
several years in senior finance roles with SAB Miller, including 3
years as the Finance Director of Royal Grolsch and Finance Director
for the UK business. Jonathan's early career in finance was with
PWC.
Jonathan is an Associate member of the Chartered Institute of
Management Accounting.
Ross McCluskey will cease to be an Executive Director and
Jonathan Timmis will become an Executive Director of the Company
from 1 April 2021. There is no other information required to be
disclosed under Listing Rule 9.6.13R.
Andre Lacroix, Group CEO commented: "Ross has been an
outstanding finance leader and during his time as CFO, we have
significantly strengthened our organisational capability as well as
our cost, cash, control and performance management processes
throughout our global finance function. I am convinced that his
decision to move into a line role will be very rewarding and I am
excited to partner with him on his new chapter. I am looking
forward to welcoming Jonathan who has demonstrated an impeccable
track record as an experienced finance executive around the world
in highly successful companies."
Ross McCluskey commented: "It is so exciting for me to make the
transition from my functional base into a line operational role.
This is a significant growth move for me and I am so grateful to be
given this opportunity."
Jonathan Timmis commented: "It is an honour to be selected into
the role of CFO into a Company with an exceptional track record and
such a meaningful Core Purpose of "Bringing Quality, Safety and
Sustainability to life". I look forward to contributing fully to
the exciting growth agenda of Intertek ahead at a time when there
is an increased focus on operational risks across all sectors,
making Intertek's Total Quality Assurance value proposition mission
critical for Intertek clients".
-ENDS-
CONTACTS
For further information please contact:
Denis Moreau, Investor Relations
Telephone: +44 (0) 20 7396 3415 investor@intertek.com
Jonathon Brill, FTI Consulting
Telephone: +44 (0) 20 3727 1000 scintertek@fticonsulting.com
Intertek is a leading Total Quality Assurance provider to
industries worldwide.
Our network of more than 1,000 laboratories and offices in more
than 100 countries, delivers innovative and bespoke Assurance,
Testing, Inspection and Certification solutions for our customers'
operations and supply chains.
Intertek Total Quality Assurance expertise, delivered
consistently, with precision, pace and passion, enabling our
customers to power ahead safely.
intertek.com
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END
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