Tim Weller to succeed Himanshu Raja as CFO
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G4S, the global integrated security group, today announces that Tim Weller is to succeed Himanshu Raja as Chief Financial Officer of G4S plc after Mr Raja retires from the Board and steps down as CFO on 1st October.
Mr Weller, who is currently a non-executive director of G4S plc, will step down from the G4S Audit Committee with immediate effect. Further announcements will be made in relation to changes to the membership of board committees in due course.Commenting on the announcement, Ashley Almanza, G4S’s Chief Executive Officer said:
“Tim is a highly accomplished executive with extensive commercial and financial experience in global businesses. His experience and skill will be invaluable in leading our global finance team and supporting our broader transformation programme. It is greatly to our advantage that Tim arrives with an already deep understanding of G4S and our well established transformation programme.
On behalf of everyone at G4S, I would like to thank Himanshu for the great contribution he has made over the past three years, putting in place strong foundations for the transformation of the finance, risk management and procurement functions at G4S. He leaves with our best wishes for the future.”
John Connolly, Chairman of G4S, added: “On behalf of the board, I am delighted that Tim, with both his experience of working in global businesses and his knowledge of and enthusiasm for G4S, will continue on the board, transitioning from a non-executive to an executive role.
I would like to take this opportunity on behalf of the board to thank Himanshu for his contribution over the past three years.”
This announcement contains inside information and the person responsible for making this announcement is Peter David, Company Secretary.
Note to editor:
A chartered accountant by training, Tim was a partner at KPMG before becoming a chief financial officer with significant experience in the energy and utilities sectors including CFO positions at Innogy, RWE Thames Water, United Utilities Group PLC, Cable and Wireless Worldwide plc and most recently at Petrofac Limited, the oil and gas service provider. Tim has been a non-executive director of G4S plc since April 2013, chairman of its audit committee since June 2014 and is a non-executive director of the Carbon Trust.