23rd Jan 2019 09:08
LONDON (Alliance News) - John Laing Group PLC announced Wednesday the appointment of former Eight Roads Chief Financial Officer Luciana Germinario as its own CFO-designate.
Current CFO Patrick O'D Bourke will be stepping down at the company's annual general meeting on May 9 to pursue a non-executive career, having headed up John Laing's finance team since 2011.
Germinario will join on April 25. She was previously CFO at Eight Roads, which is the investment division of Fidelity International Ltd.
Before that, she held a number of finance roles at General Electric, John Laing said.
Chief Executive Olivier Brousse said: "Patrick has been a crucial member of the team and has been instrumental in our successful IPO in 2015 and our move to a more internationally focussed business. I have thoroughly enjoyed working with him and we will be sorry to see him retire.
"The board and I are very pleased to welcome Luciana to the team. Her previous international financial and investment experience will be an excellent addition to John Laing's executive team. I am looking forward to working with her as we continue to grow the business."
Shares were 0.5% lower on Wednesday morning at a price of 349.80 pence each.
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