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(Alliance News) - FTSE 250-listed consulting, digital services and software business Capita PLC on Tuesday said Tim Weller will become the company's next chief financial officer, effective Wednesday.
He will also be joining the Capita board as an executive director.
Weller joins Capita from G4S PLC where he has been CFO since 2016 and on the outsourcer's board since 2013, originally as a non-executive director.
He has 19 years' experience as a CFO with G4S, Innogy SE, RWE Thames Water, United Utilities Group PLC, Cable & Wireless Worldwide PLC and Petrofac Ltd.
Gordon Boyd, interim CFO, will be stepping down from the role on Thursday, as planned, Capita noted.
Chief Executive Jon Lewis said: "I am delighted that Tim is joining Capita. He is a highly experienced CFO and brings with him extensive knowledge, not only of our own sector, but of many other areas of business. Tim's expertise will be invaluable in leading our finance team and supporting our ongoing transformation as we continue to build a more focused, client-centric and streamlined Capita for the long term."
"I would like to thank Gordon Boyd for the important part he has played as interim CFO, as we have continued to simplify and strengthen Capita, despite the challenges brought on by the Covid-19 crisis."
Boyd was named interim CFO is mid-November after Patrick Butcher stepped down from the role of CFO.
Butcher joined the company in 2019.
Shares in Capita were 2.8% lower in London on Tuesday at 42.04 pence each.
By Paul McGowan; paulmcgowan@alliancenews.com
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