THE WHAT? Croda has named Louisa Burdett as its new Group Finance Director, succeeding Jez Maiden who will retire from the company in 2023.
THE DETAILS Burdett joins Croda from her position as Chief Financial Officer of global aerospace, defence and energy component manufacturer Meggitt.
The finance executive has more than 10 years’ experience in the finance sector, and in order to ‘ease the transition’ will join Croda and the Board on 1 January 2023.
She will succeed Maiden as Group Finance Director on 13 March 2023, following Croda’s 2022 Full Year results at the end of February. Maiden will step down from the Board at the Annual General Meeting on 26 April 2023 and retire from the Company on 31 May 2023.
THE WHY? Anita Frew, Croda Chair said: “On behalf of the Board and all my Croda colleagues, I would like to thank Jez for his outstanding contribution over the last eight years. He has been instrumental in the development and growth of Croda, always nurturing a culture of transformation. I have hugely appreciated his diligence, intellect and thoughtful approach, particularly his contribution to Board debate, and wish him the very best wishes for the future.
“I am delighted that we have been able to appoint Louisa as Group Finance Director. She has an exceptional ten-year track record as a CFO of listed companies, with valuable experience both in speciality chemicals and the broader manufacturing sector. We look forward to welcoming Louisa to Croda in the New Year.”
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