A SENIOR ACCOUNTANT within Weir Group has been promoted to CFO.
John Heasley, the FTSE 250 engineering group’s divisional MD of Flow Control, takes on the chief financial role.
Heasley joined Weir in 2008 as group financial controller and has since held other financial and operational roles during that time.
Previous employees include Scottish Power, PwC and Andersen.
The ICAS member becomes CFO after predecessor Jon Stanton was promoted to chief executive.
If the CEO role is a long-term target for Heasley, then the omens are good. Prior to Stanton, former chief executive Keith Cochrane had previously been Weir’s group FD.
“Weir possesses an outstanding leadership team around the world and John’s appointment reflects the depth of talent within the group,” said Stanton.
“Under his leadership, Flow Control achieved significant operational and financial improvement. I look forward to working with him and the rest of the global team as we continue to deliver sustainable growth for our shareholders and further innovative solutions for our customers.”
Heasley said it was “an honour to be appointed chief financial officer and to join the board of one of the world’s great engineering businesses”.
“Weir has a proud history and an exciting future and I look forward to helping the group extend its global leadership positions,” Heasley added.
Industrial group continues acquisition spree and secures 740 jobs
Lenders Praetura Asset Finance has reported double digit growth for 2016
Messenger start-up Snap, owner of Snapchat, has said it will set up its non-US headquarters in London
Business lender Reparo Finance has secured a new multi million pound backing deal