The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Vesuvius names John Wood's Mark Collis as new chief financial officer

Thu, 05th Jan 2023 13:14

(Alliance News) - Vesuvius PLC on Thursday appointed John Wood Group PLC's Mark Collis as its new chief financial officer.

Vesuvius is a FTSE-250 London-based molten metal flow engineering firm. Its shares were down 4.4% at 403.80 pence each in London on Thursday afternoon.

Collis will succeed Guy Young as CFO, who will step down from the board on February 17, 2023.

Back in September, Vesuvius said that Young will leave the firm, after spending over seven years at the company.

Collis is currently CFO of the Operations business of John Wood Group PLC. John Wood is an energy sector-focused engineering and consulting business based in Aberdeen, Scotland.

Vesuvius said Collis will join no later than July 4. In the meantime, Richard Sykes will act as the company's interim CFO.

Sykes is currently group vice president, business development, and has held a number of senior finance and business roles within Vesuvius since joining the company in May 1991.

Chief Executive Patrick Andre said: "I very much look forward to welcoming Mark to Vesuvius. His international operational experience and leadership skills will fit very well into our strong performance oriented culture. I have no doubt that he will be a great leader for our finance and IT functions and a valued successor to Guy Young."

By Sophie Rose; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
Today 12:47

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider eith...

Today 10:33

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider eith...

Today 07:01

PRESS: John Wood faces call to set itself up for sale from shareholder

(Alliance News) - John Wood Group PLC is facing a call from a large shareholder to explore a sale, Sky News reported on Monday evening.

8 Apr 2024 09:25

Berenberg cuts Wood Group target on weak cash generation

(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg, but the broker still cut its target price for share...

8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.