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Cobham plc appoints new Chief Financial Officer

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Cobham plc appoints new Chief Financial Officer

Wimborne, Dorset: Cobham plc is pleased to announce the appointment of David Mellors as Chief Financial Officer (CFO). His starting date is to be confirmed but not expected to be later than 1 January 2017.

David is currently CFO of QinetiQ Group plc, the FTSE 250 science and engineering company that operates primarily in the defence, security and aerospace markets.  During his time at QinetiQ he has played a leading role in the successful transformation of the group, strengthening the balance sheet and re-focusing the portfolio, driving improved performance and positioning the group for growth.

Before taking his current role eight years ago, David was Deputy CFO of Logica plc.  Prior to that he was Chief Financial Officer of Logica's international division, covering operations in North America, Australia, Middle East and Asia; before that he was the Group Financial Controller. His earlier experience includes various roles with CMG Plc, Rio Tinto plc and Price Waterhouse. David is a member of the Institute of Chartered Accountants in England and Wales and also holds a degree in Physics from Oxford University.

Simon Nicholls, whose resignation was announced in January, will leave the business at an appropriate point later in the year. In the interim, he remains fully committed to Cobham and to a smooth transition to his successor. The Board thank Simon for his significant contribution over the last three years and wish him well in his future endeavours.

Robert Murphy, CEO for Cobham said: "We welcome David joining us as Cobham's CFO.  He has a successful track record of financial leadership in international defence, aerospace and broader commercial markets. His experience will enable him to play a key leadership role in delivering the Group's strategy."

Cobham Chairman, John Devaney added "David will be a welcome addition to the Board and we look forward to working with him. Cobham will benefit from his experience as we move into the next phase of growth."

About Cobham Group

The most important thing we build is trust.
Cobham is a leading global technology and services innovator, respected for providing solutions to the most challenging problems, from deep space to the depths of the ocean.

We employ more than 11,500 people on five continents, and have customers and partners in over 100 countries, with market leading positions in: wireless, audio, video and data communications, including satellite communications; defence electronics; air-to-air refuelling; aviation services; life support and mission equipment.

 

Enquiries

John Devaney, Chairman, +44 (0) 1202 882020
Robert Murphy, CEO, +44 (0) 1202 882 020
Martin Burgess, EVP HR & Communications, +44 (0) 7740 451670
Elizabeth Harraway, VP, Communications, +44 (0) 771 8694819
Charles Pemberton, Brunswick, +44 (0) 7823 527130.

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