20th Jan 2017 09:03
LONDON (Alliance News) - National Express Group PLC said Friday it has appointed Matthew Ashley as chief executive officer of its North America division and Chris Davies to succeed Ashley in his former role as finance director.
Ashley has been finance director for two-and-a-half years, whilst Davies joins the company from FTSE 250 vehicle retailer Inchcape PLC, where has been financial controller and treasurer since 2013, including a stint as interim chief financial officer.
Davies will join the company in early May and work alongside Ashley during a transition period before taking up the roll full time after National Express's annual general meeting in May.
Ashley will succeed David Duke, who will remain with the business as a senior counsel supporting Ashley as part of a long-planned phased retirement.
National Express shares were down 0.2% at 341.20 pence Friday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2017 Alliance News Limited. All Rights Reserved.
Related Shares:
NEX.LInchcape