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Halma hires former IAG CFO Steve Gunning as new CFO

ALN

Halma PLC on Friday said it named Steve Gunning as its chief financial officer, succeeding Marc Ronchetti who will become its chief executive in April.

The FTSE-100 Amersham, England-based hazard detection and life protection services provider said Gunning will join Halma on January 16.

Gunning was formerly CFO of British Airways owner International Consolidated Airlines Group, a role he left earlier this year. Before that, he held several senior commercial and finances roles at the group, including CFO of BA and chief executive of IAG Cargo.

Soon-to-be-departing Halma CEO Andrew Williams said: "Steve is a proven FTSE-100 CFO and leader, with a focus on building world class finance teams, and is a fantastic addition to Halma. His appointment enables a seamless transition of both the CFO and CEO roles, ensuring that Halma is well positioned to deliver continued success."

Gunning added: "I am delighted to be joining Halma, which is a company I have known and admired for many years. Its purpose - to grow a safer, cleaner, healthier future for everyone, every day - is highly relevant to the needs of the world today and provides strong opportunities for sustainable growth."

In June, Halma said current CEO Williams decided to retire on April 1 next year, after 18 years in the role and 29 years with the company.

Shares were up 0.6% at 2,344.00 pence each on Friday morning in London.

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