Chief Financial Officer Appointment

RNS Number : 9496F

Rank Group PLC

01 November 2018

 

1 November 2018

The Rank Group Plc

LEI: 213800TXKD6XZWOFTE12

Chief Financial Officer Appointment

The Rank Group Plc (LSE: RNK) ('Rank' or 'the Company') is pleased to announce the appointment of William "Bill" Floydd as its Chief Financial Officer ('CFO'). Bill will join the Company on 12 November 2018 and it is anticipated that he will be appointed to the Board in due course.

Most recently, Bill was CFO at the FTSE 100 Experian plc's UK and Ireland region, a position he held from 2013 until April 2018. During his tenure, Bill helped deliver strong revenue and EBIT growth in the region while overseeing the business' FCA authorisation process. Bill was involved in numerous M&A projects, including the acquisition of HD Decisions and the investment in London & Country Mortgages.

Prior to Experian plc, Bill spent 12 years in a variety of leadership positions at Logica plc, prior to its acquisition by CGI Group Inc, including North American CFO, Group Financial Controller, UK CFO and finally Deputy Group CFO. During his time at Logica, Bill oversaw a number of projects, most notably leading a turnaround of the UK business and a transformation of the global finance function. After leaving CGI, Bill spent nine months as Finance Director at Capita plc's IT Services division before being approached to join Experian. Bill qualified as a chartered accountant with PwC.

James Pizey, who stepped into the role of Interim CFO post Clive Jennings' departure, will move to the role of Group Financial Controller.

John O'Reilly, Chief Executive of The Rank Group Plc, said:

"I am pleased that Bill has agreed to join Rank at this exciting time in the Company's journey. There is much to be done to deliver our transformational programme and I am confident that Bill is the right person to assist me and the leadership team in delivering a growing business that is fit for the future.

"I would also like to take this opportunity, on behalf of the Board, to thank James Pizey for stepping into the CFO role on an interim basis whilst we conducted the search for a permanent CFO."

Contacts:
The Rank Group Plc	Tel: [phone]
Sarah Powell, Communications Director
FTI Consulting LLP (PR adviser to Rank)
Edward Bridges	Tel: [phone]
Alex Beagley	Tel: [phone]

 

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