MCG Mobico Group Plc

TIDMNEX

RNS Number : 6834Y

National Express Group PLC

08 September 2022

8 September 2022

NATIONAL EXPRESS GROUP PLC

APPOINTMENT OF INTERIM GROUP CFO

National Express Group PLC ("National Express" or the "Company"), a leading international transport provider, announces that James Stamp will be appointed to the role of Interim Group Chief Financial Officer ("CFO") on 1 November and will also join the Board on 1 November. James is currently Chief Financial Officer of National Express' UK & Germany Division.

James joined the Company in July 2017 and, until taking on his current role, served on the Group Executive as Group Commercial and Strategy Director, where he led work on the Evolve strategy. He is a qualified chartered accountant with over 25 years' experience in finance and consulting. Prior to joining the Company, James was a Partner at KPMG and led their Transport Practice.

In light of James' appointment the Company has agreed that Chris Davies, Group CFO, will be able to leave National Express to join Diploma PLC on 1 November at which point he will step down from the Board. In the meantime, Chris will continue working with Ignacio, James and the rest of the Group Executive to ensure a smooth hand over of responsibilities.

The Company has appointed Russell Reynolds to assist it with the process for the selection of a permanent Group CFO and will consider both internal and external candidates.

E nquiries:

National Express Group PLC and

 
Alison Cole, Group Corporate Affairs 
 and Sustainability Director           +44 (0)7552 267295 
Louise Richardson, Head of Investor 
 Relations                             +44 (0)7827 807766 
 

Headland

 
Stephen Malthouse    +44 (0)7734 956201 
Henry Wallers        +44 (0)7876 562436 
Matt Denham          +44 (0)7551 825496 
 

Notes to editors:

All elements of James Stamp's remuneration package while Interim Group CFO are in line with the approved Directors' Remuneration Policy and will be fully disclosed in the 2022 Directors Remuneration.

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END

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September 08, 2022 02:02 ET (06:02 GMT)

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