LONDON Aug 15 G4S, the arena's largest protection group,
named Tim Weller as its new chief financial officer on Monday, poaching him
from oilfield services organization Petrofac where he held the identical
function.
Weller, who has been on the board of G4S when you consider
that 2013, will replace Himanshu Raja who's because of step down on Oct. 1, the
British organization said in a declaration.
"(Weller's) enjoy and talent could be helpful in
leading our worldwide finance group and assisting our broader transformation
programme," G4S CEO Ashley Almanza stated.
G4S, whose activities variety from walking prisons to
transporting coins and providing safety at authorities buildings, is in the middle
of an overhaul after a string of high-profile contract problems in Britain.
shares within the FTSE 250 employer G4S traded up 2
percentage to 231 pence at 0710 GMT. Petrofac shares traded 1.three percentage
decrease.
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