Source - Alliance News

Melrose Industries PLC on Monday said Chief Financial Officer Matthew Gregory will step down next year.

The Birmingham, England-based aerospace manufacturing company appointed Ross McCluskey as its new CFO, starting in May. Outgoing CFO Gregory will remain with Melrose during 2026 to ensure a seamless transition.

Incoming CFO McCluskey was CFO at London-based assurance, testing, inspection and certification services provider Intertek Group PLC from 2018 to 2021, and currently serves there as executive vice president for EMEA and Government & Trade Services.

Melrose Chief Executive Officer Peter Dilnot said of McCluskey: ‘His seasoned leadership, deep financial and operational expertise, international mindset and public company experience will be invaluable as we execute our growth strategy.’

Melrose shares were down 4.2% to 570.65 pence each on Monday morning in London, while Intertek shares were down 1.6% at 4,552.00p.

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