(Alliance News) - 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.
By Xindi Wei; xindiwei@alliancenews.com
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Halma (HLMA)
International Airlines (IAG)