Appointment of Chief Financial Officer

Carr's Group plc (LSE: CARR), the Speciality Agriculture and Engineering Group, announces the appointment of David White to the Board as Chief Financial Officer Designate.  David will join the Group on 3 January 2023 and become Chief Financial Officer upon Neil Austin standing down from the Board in mid-January 2023.

David has spent the previous 16 years in a variety of senior finance roles at Aggreko plc, the international provider of mobile power solutions. Between 2018 and late 2021, David was Finance Director of the Global Products and Technology division and, until mid-2022, he served as a senior adviser to the company.

From June 2016 to August 2018 David was Aggreko's Financial Controller, leading the central team responsible for all financial reporting, strategic planning and financial control across the company. David has significant international experience, with four years leading Aggreko's finance team and helping to establish new operations in the Middle East. He developed a broader commercial outlook as Aggreko's General Manager in the Gulf region, a $100m turnover business with 200 employees in five countries.

David is a Chartered Accountant, qualifying in London in 1997, with time at Ernst & Young as an Audit Manager and experience at Weir Group plc.

This appointment follows an extensive recruitment process led by the Nomination Committee, supported by search consultants.

David White commented: "I am thrilled to be joining Carr's at this important time for the Group.  Following the Company's strategic review, Carr's is well positioned, and I look forward to contributing towards its future successes."

Peter Page, Executive Chair, commented: "David brings considerable financial, commercial, and international experience from his time at Aggreko which has equipped him well to lead the Group's finance team. With David's involvement, we will fulfil our strategic objectives to generate value for shareholders."

There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 in relation to David White's appointment.

About Carr's Group plc

Carr's is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers in over 50 countries from sites in the UK, USA and Europe. Carr's operates a decentralised business model that empowers operating subsidiaries enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.

Its Speciality Agriculture Division manufactures and supplies feed blocks, minerals and boluses containing trace elements and minerals for livestock. Its Engineering Division designs and manufactures bespoke equipment, including robotic and remote handling equipment, and provides technical services primarily into nuclear, oil and gas, and defence industries.

Back to FTSE Announcements