10th May 2019 08:02
LONDON (Alliance News) - Specialist distribution and services group Bunzl PLC on Friday said it appointed Richard Howes as chief financial officer-designate with effect from September 1.
Howes will then assume the full CFO role in January 2020, replacing current Finance Director Brian May, who has decided to step down after 25 years with Bunzl.
Howes is CFO of automotive distributor and retailer Inchcape PLC.
Howes has resigned from Inchcape to take on the new position at Bunzl, Inchcape said Friday. He will leave Inchcape at the end of August.
Inchcape said its board has launched a process to identify a successor to lead the company into the "next phase" of the its development.
Prior to joining Inchcape, Howes was CFO of Coats Group PLC, an industrial thread and consumer textiles business.
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