Advertisement
UK markets close in 4 hours 56 minutes
  • FTSE 100

    7,705.39
    -17.16 (-0.22%)
     
  • FTSE 250

    19,429.38
    -57.15 (-0.29%)
     
  • AIM

    735.29
    -1.34 (-0.18%)
     
  • GBP/EUR

    1.1699
    -0.0005 (-0.04%)
     
  • GBP/USD

    1.2692
    -0.0036 (-0.29%)
     
  • Bitcoin GBP

    49,464.03
    -4,385.12 (-8.14%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,149.42
    +32.33 (+0.63%)
     
  • DOW

    38,790.43
    +75.63 (+0.20%)
     
  • CRUDE OIL

    82.69
    -0.03 (-0.04%)
     
  • GOLD FUTURES

    2,158.20
    -6.10 (-0.28%)
     
  • NIKKEI 225

    40,003.60
    +263.20 (+0.66%)
     
  • HANG SENG

    16,529.48
    -207.62 (-1.24%)
     
  • DAX

    17,939.44
    +6.76 (+0.04%)
     
  • CAC 40

    8,163.73
    +15.59 (+0.19%)
     

G4S names Petrofac's Tim Weller as CFO

(Adds share price details)

LONDON, Aug 15 (Reuters) - G4S (Copenhagen: G4S.CO - news) , the world's largest security group, named Tim Weller as its new chief financial officer on Monday, poaching him from oilfield services company Petrofac (Amsterdam: PF6.AS - news) where he held the same role.

Weller, who has been on the board of G4S since 2013, will replace Himanshu Raja who is due to step down on Oct (Shenzhen: 000069.SZ - news) . 1, the British company said in a statement.

"(Weller's) experience and skill will be invaluable in leading our global finance team and supporting our broader transformation programme," G4S CEO Ashley Almanza said.

ADVERTISEMENT

G4S, whose activities range from running prisons to transporting cash and providing security at government buildings, is in the middle of an overhaul after a string of high-profile contract problems in Britain.

Shares (Berlin: DI6.BE - news) in the FTSE 250 company G4S traded up 2 percent to 231 pence at 0710 GMT. Petrofac shares traded 1.3 percent lower.

(Reporting by Sarah Young; editing by Jason Neely and Kate Holton)