Williams Grand Prix Holdings PLC
Williams Grand Prix Holdings PLC : Williams Grand Prix Holdings PLC Appoints Doug Lafferty as CFO
DGAP-News: Williams Grand Prix Holdings PLC / Key word(s): Change of Personnel 03.07.17 Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announces that Doug Lafferty will be joining the company in the position of Chief Financial Officer (CFO) in September 2017. Doug joins Williams from British American Tobacco, where he has most recently been Head of Finance for the Americas region. Doug joined BAT in 2001 and has since held positions of increasing responsibility during a very successful, international career with the Company. Speaking about his appointment as CFO Doug Lafferty said; “I’m thrilled to be joining a company of Williams stature and genuinely believe the company has a bright future ahead, both on the track and in the continued development of the Advanced Engineering business. I very much look forward to working closely with Mike and the rest of the board to ensure the company reaches its potential”. Mike O’Driscoll, Group CEO, added; “Doug is an experienced and respected finance professional, with an impressive track record of leadership and performance. As a Group we are focused on returning our Formula One team to the front of the grid, and continuing to build a strong Advanced Engineering business. We are investing for the future, and Doug will play a key role in guiding the Group in the years ahead.” Nick Rose, Williams Chairman, said “I am very happy to see Doug joining our Board. He is a world class finance professional and continues the progress we are making in hiring the very best talent into Williams.” -Ends- Notes to Editors The Group employs over 900 people, and generates its revenues from its long standing Formula One business and its more recently developed Advanced Engineering operation. The Group’s aim is to be a championship-winning Formula One team and a world-class engineering and technology business generating consistent and satisfactory returns for its shareholders. Williams Grand Prix Engineering Limited WGPE continues to develop by adapting its intellectual property and rapid development skills in projects outside Formula One under the trading name Williams Advanced Engineering. Williams Advanced Engineering Williams Advanced Engineering harnesses Formula One derived technology and know-how to deliver highly innovative products and services to the motorsport, automotive, defence and healthcare sectors. Working in close collaboration with its customers, Williams Advanced Engineering helps meet the sustainability challenges of the 21st century and improve their performance, with its expertise in aero and thermodynamics, electrification, advanced lightweight materials and vehicle integration.
03.07.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Williams Grand Prix Holdings PLC |
Grove, Wantage | |
OX12 0DQ Oxfordshire | |
United Kingdom | |
Phone: | +44 (0) 1235 777700 |
Fax: | +44 (0) 1235 764705 |
E-mail: | enquiries@williamsf1.com |
Internet: | http://www.williamsf1.com |
ISIN: | DE000A1H6VM4 |
WKN: | A1H6VM |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt |
End of News | DGAP News Service |