APPOINTMENT OF INTERIM GROUP CFO

RNS Number : 6834Y

National Express Group PLC

08 September 2022

 

8 September 2022

NATIONAL EXPRESS GROUP PLC

APPOINTMENT OF INTERIM GROUP CFO

National Express Group PLC ("National Express" or the "Company"), a leading international transport provider, announces that James Stamp will be appointed to the role of Interim Group Chief Financial Officer ("CFO") on 1 November and will also join the Board on 1 November. James is currently Chief Financial Officer of National Express' UK & Germany Division.

James joined the Company in July 2017 and, until taking on his current role, served on the Group Executive as Group Commercial and Strategy Director, where he led work on the Evolve strategy. He is a qualified chartered accountant with over 25 years' experience in finance and consulting. Prior to joining the Company, James was a Partner at KPMG and led their Transport Practice. 

In light of James' appointment the Company has agreed that Chris Davies, Group CFO, will be able to leave National Express to join Diploma PLC on 1 November at which point he will step down from the Board. In the meantime, Chris will continue working with Ignacio, James and the rest of the Group Executive to ensure a smooth hand over of responsibilities.

The Company has appointed Russell Reynolds to assist it with the process for the selection of a permanent Group CFO and will consider both internal and external candidates. 

E nquiries:

National Express Group PLC and

Alison Cole, Group Corporate Affairs and Sustainability Director	[phone]
Louise Richardson, Head of Investor Relations	[phone]

Headland

Stephen Malthouse	[phone]
Henry Wallers	[phone]
Matt Denham	[phone]

Notes to editors:

All elements of James Stamp's remuneration package while Interim Group CFO are in line with the approved Directors' Remuneration Policy and will be fully disclosed in the 2022 Directors Remuneration.

 

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