Appointment of Angus Cockburn as Group CFO

RNS Number : 8456O

Serco Group PLC

12 August 2014

 

Appointment of Angus Cockburn as Group Chief Financial Officer

12 August 2014

Serco Group plc (Serco), the international service company, is pleased to announce the appointment of Angus Cockburn as Group Chief Financial Officer as from the end of October 2014, at which point he will join the Serco Group plc Board.  Andrew Jenner will continue as the Group's Chief Financial Officer until 30 September 2014.

Angus is currently the interim Chief Executive Officer at Aggreko plc, the FTSE100 support services company and world's largest temporary power generation and temperature control business.  He has served Aggreko in this role since April 2014 having previously held the position of Chief Financial Officer since 2000.  Angus is also a Non-Executive Director of GKN plc.  Prior to joining Aggreko, he served for three years as Managing Director of Pringle, and for five years as a senior finance executive of PepsiCo.

Alastair Lyons Chairman of Serco Group plc, said: "Angus Cockburn is a highly experienced FTSE100 CFO with a significant track record of success, and he and his team have driven growth in Aggreko by developing customer-focused strategies and consistently delivering against them.  Angus is a passionate believer in public services and I am absolutely delighted that he has chosen to join Serco and will help lead the company's future development.

"I would also like to express my great appreciation to Andrew Jenner for his commitment to Serco since his appointment as CFO in 2002, and in particular for his perseverance helping to keep the Group on an even keel through what has been a difficult twelve months."

Angus Cockburn said: "I will be sad to leave Aggreko after fourteen enjoyable and successful years.  I am excited to be joining Serco as I have always admired the services it delivers and the passion and commitment of its people.  I am greatly looking forward to meeting my new colleagues and to working once again with Rupert Soames, with whom I worked for eleven years whilst he served as CEO of Aggreko."

In accordance with the Listing Rules, there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in relation to this appointment.  A remuneration statement is available on http://www.serco.com/investors/governance/remuneration.

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For further information please contact Serco:

Stuart Ford, Head of Investor Relations T [phone]

Marcus De Ville, Head of Media Relations T [phone]

About Serco

Serco is an international service company, which combines commercial know-how with a deep public service ethos.

Around the world, we improve essential services by managing people, processes, technology and assets more effectively.  We advise policy makers, design innovative solutions, integrate systems and - most of all - deliver to the public.

Serco supports governments, agencies and companies who seek a trusted partner with a solid track record of providing assured service excellence.  Our people offer operational, management and consulting expertise in the aviation, BPO, defence, education, environmental services, facilities management, health, home affairs, information and communications technology, knowledge services, local government, science and nuclear, transport, welfare to work and the commercial sectors.

More information can be found at www.serco.com

 

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