John Laing Group plc Directorate Change -- Chief Financial Officer (8961U)
03 August 2020 - 4:00PM
UK Regulatory
TIDMJLG
RNS Number : 8961U
John Laing Group plc
03 August 2020
Monday 3 August
Directorate Change - Chief Financial Officer
John Laing Group plc (the "Company") announces that Luciana
Germinario is standing down from her position as Chief Financial
Officer with immediate effect. She will be leaving the Company
following a short handover period to ensure an orderly transition.
The Company values Luciana's contribution to the business, but
Luciana has concluded, in agreement with the Board, that now is the
right time for her to stand down.
The Board has commenced a search for Luciana's successor. In
this interim period, Stuart Colvin, Group Financial Controller, who
has been with the business for 16 years, will be undertaking a key
role in leading the finance function.
In addition, the Company is in advanced discussions with Patrick
O'D Bourke, previously Group Finance Director of John Laing, who
subject to certain consents, will work with the Finance team and
the Board to provide advisory services during this interim
period.
The Company's current trading and outlook remain in line with
previous guidance.
John Laing's Chairman, Will Samuel said:
"On behalf of the Board, I would like to thank Luciana
Germinario for her contribution during her time with us and we wish
her well for the future. We look forward to providing a further
update on the Company's progress at our interim results
announcement in August."
Analyst & investor enquiries:
Kellie McAvoy Head of Investor Relations +44 (0) 7923 249298
Media enquiries: +44 (0) 20 7420 3186
Camilla Cunningham +44 (0) 7464 982426
Matthew Denham Teneo +44 (0) 7825 735596
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JohnLaing@teneo.com
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END
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