Cobham PLC COB Cobham plc Appoints New Chief Financial Officer

  Cobham PLC (COB) - Cobham plc Appoints New Chief Financial Officer

RNS Number : 9656R
Cobham plc
26 November 2012
 



26 November 2012

 

  Cobham plc announces the appointment of a new Chief Financial Officer with
                           effect from 1st May 2013

                                       

On 26 April 2012,  Cobham plc ('Cobham' or  the 'Group') announced that  Chief 
Financial Officer ('CFO') Warren Tucker would be standing down from the  Board 
at the Annual  General Meeting in  April 2013, after  completing ten years  of 
service.  Today  Cobham  is pleased  to  announce the   appointment  of  Simon 
Nicholls as Chief Financial Officer of Cobham with effect from 1st May 2013.

 

Simon  is  currently  CFO   of  Senior  plc,   the  FTSE  250    international 
manufacturing group providing engineered  products for aerospace, defence  and 
commercial industrial applications.  During his  time at Senior he has  played 
an important role  in the  successful strategic  evolution and  growth of  the 
Business including  the acquisition  of four  companies.  He  has also  helped 
drive improved cash conversion through increased balance sheet efficiency  and 
the management of working capital,  and completed refinancings via US  private 
placements and bank syndicated revolving credit facilities.

 

Before taking his current role five years  ago, Simon was CFO of Hanson  North 
America, based in the  USA with responsibility for  US$4bn of sales, where  he 
took a leading role in the acquisition of some 35 companies. Prior to that  he 
was Financial  Controller  for  Hanson  plc for  three  years  supporting  the 
geographically diverse  portfolio  of  the company  and  the  transformational 
£1.7bn acquisition and integration  of Pioneer International Ltd.  Previously, 
Simon spent nine years with  Price Waterhouse in the  UK and Canada, and  four 
years working in senior financial positions.

 

John Devaney, Cobham Chairman said:

"We are really pleased that  Simon is joining us as  Cobham's next CFO, as  he 
has a successful track record of financial leadership in global aerospace  and 
broader commercial  markets. His  experience will  enable him  to play  a  key 
leadership role in delivering the Group's strategy."

 

Simon is  a Chartered  Accountant, holding  a Bachelor  of Science  degree  in 
Mathematics, Operational  Research,  Statistics  and  Economics  from  Warwick 
University. He will primarily work out of Wimborne, Dorset and will begin  his 
familiarisation with Cobham post the announcement of Senior plc's  preliminary 
results at the end of February 2013.

 

Simon previously served as  a non-executive director  of AIM listed  Hamworthy 
plc from September 2011 until its takeover in February 2012.  Cobham  confirms 
that there are  no further disclosures  to be  made under rule  9.6.13 of  the 
Listing Rules in respect of Simon.

 

                                   - ends -

 

 

ENQUIRIES

 

Cobham
plc                                                                                                                                      
John Devaney, Chairman                                                     +44 (0)1202 882020
Julian Wais, Director of Investor Relations                                +44 (0)1202 857998
 

Brunswick

Michael Harrison/Will Carnwath                                                         +44 (0)20 7404 5959

 

NOTES

 

Cobham specialises in meeting  the growing demand  for data, connectivity  and 
bandwidth in  defence,  security  and  commercial  environments.   Offering  a 
technically diverse and  innovative range  of technologies  and services,  the 
Group protects  lives  and  livelihoods, responding  to  customer  needs  with 
agility that differentiates  it.  Employing  more than 10,000  people on  five 
continents, the Group has customers and partners in over 100 countries.

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
BOAFMMZMVVZGZZG -0- Nov/26/2012 07:00 GMT