Appointment of Chief Financial OfficerSource: RNS
28 July 2022
WINCANTON PLC ("Wincanton" or the "Company")
Appointment of Chief Financial Officer
Wincanton is pleased to announce the appointment of Mr Tom Hinton who will join the Board as the Chief Financial Officer (CFO) with effect from 15 August 2022.
Tom's appointment follows an extensive search process undertaken by the Board's Nomination Committee, supported by an external search firm.
Tom's wide experience includes Group CFO positions at Infinis Energy plc, Domestic & General Ltd and, more recently, WE Soda Limited, an international mining and chemicals business.
Dr Martin Read CBE, Chairman of Wincanton, said: "We are delighted to appoint someone of Tom's calibre to the Board. He has a strong financial and commercial track record and will be a great asset to the Company".
James Wroath, Chief Executive Officer of Wincanton, said: "I am pleased to welcome Tom to his new role as we lead Wincanton through the next stage of our development. He has broad experience and an engaging and innovative style that I believe complements Wincanton's strategic direction. I would also like to place on record my sincere thanks to James Clarke who has been a great support to me and the business in his role as interim CFO since 1 March 2022".
Tom Hinton said: "I very much look forward to joining Wincanton and becoming part of the executive management team. Wincanton's strong operational performance, blue-chip customer base, and considerable growth potential make this an exciting opportunity".
Mr Clarke will continue in the role of interim CFO until Tom's arrival.
Mr Hinton does not currently hold any Wincanton plc shares and no further information in connection with his appointment is required to be disclosed pursuant to Listing Rule 9.6.13R.
Wincanton is a leading British supply chain solutions company. The Group provides business critical services including storage, handling and distribution; high volume eFulfilment; retailer 'dark stores'; two-person home delivery; fleet and transport management; and network optimisation for many of the UK's best-known companies.
It is active across a range of markets including food and consumer goods; retail and manufacturing; eCommerce; the public sector; major infrastructure; building materials; fuel; and defence. With almost 100 years' heritage, Wincanton's 20,300-strong team operates from more than 170 sites across the country, responsible for 8,500 vehicles.
For further information please contact:
Wincanton plc Tel: +44 1249 710 000
Lyn Colloff, Company Secretary
Headland Tel: +44 20 3805 4822
Susanna Voyle / Henry Wallers / Marta Parry-Jones