FTSE-100 engineering company Spirax-Sarco has announced a number of changes to its board.
The company, which has its headquarters in Cheltenham, Gloucestershire, has appointed Louisa Burdett as chief financial officer and executive director with effect from July 2024.
Ms Burdett is an experienced chief financial officer having led finance functions in large companies including UK-listed Meggitt and Victrex. She is currently chief financial officer at Croda International and serves as a non-executive director and audit committee chair of RS Group.
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Ms Burdett replaces Nimesh Patel after who has been appointed to group chief executive, which he will commence on January 16 2024. The board has also confirmed that director of group finance, Phil Scott, will take up the role of interim chief financial officer with effect from January 16 2024. Hi
Jamie Pike, Chair, commented: "I look forward to welcoming Louisa to the Group and its Board of Directors in July. Louisa has an exceptional track record in leading finance for UK listed companies, together with related Non-Executive and sector experience that will be invaluable to the Board and Executive Leadership team as we progress on our journey towards creating sustainable value for all our stakeholders."
Mr Patel, added: "I am delighted that Louisa will be joining our Group next year. Her insights, borne off a long and successful career in some of the UK's leading industrial companies, as well as her strong values, will bring further strength and depth to the Group. I am really looking forward to working with Louisa, and our Executive Leadership colleagues, as we combine our respective knowledge, capabilities and energy to prepare for the opportunities we see ahead.
"Having worked closely with Phil, I appreciate his deep understanding of the Group and I am very pleased that he has agreed to act as CFO on an interim basis. Phil will support both the Board and the Executive Team from 16 January through to completion of an orderly handover to Louisa after our Half Year results."
