REG - Gooch & Housego PLC - Chief Financial Officer Transition

Gooch & HousegoAnnouncement

21/07/2025 07:00

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RNS Number : 8269R  Gooch & Housego PLC  21 July 2025

 

     21 July 2025

 

 

Gooch & Housego PLC
("G&H", the "Company" or the "Group")

 

Chief Financial Officer Transition

Gooch & Housego plc (AIM: GHH), the specialist manufacturer of photonic
components and systems, announces that Chris Jewell, Chief Financial Officer,
has informed the Board of his intention to step down from his role. Chris will
leave the Board, and the Company, on 30 September 2025, the conclusion of the
current financial year.

The Company has appointed Martin Hopcroft as Interim CFO, effective from 28
July 2025 to enable a handover period. Martin is a seasoned finance leader
with significant experience supporting listed companies through transition
periods. He will take executive responsibility for the finance function while
the Board continues its search, in partnership with Korn Ferry, for a
permanent CFO.

Chris joined G&H in 2019 and has made a substantial contribution to the
Company's development over the past six years. He has supported the business
through operational and strategic changes, including the recent acquisition of
Global Photonics and has strengthened financial systems and controls across an
increasingly international footprint.

The Group is due to release its results for the current financial year in
December 2025. As stated in our recent interim results announcement on 3 June
2025: "Our order book remains at a healthy and growing level and we have over
95% cover needed to support expected FY2025 revenue. At the same time, we have
entered a period of unprecedented global macroeconomic uncertainty and
fluidity which has increased near-term risk. The Group is proactively managing
this increased complexity and uncertainty in the global supply chain since the
imposition of the new and constantly changing US tariff regime and the
associated counter measures from other countries. G&H is also involved in
advanced hi-tech development and production programmes some of which are
dependent upon inputs from our customers, regulators and suppliers in order to
progress to their expected timescales."

Further announcements will be made as appropriate.

Charlie Peppiatt, Chief Executive Officer of Gooch & Housego, said:

"Chris has brought professionalism, integrity and a steady focus throughout
his time at G&H. I've valued his counsel since joining as CEO and would
like to thank him for the support he has given me, the leadership team and the
broader business. I wish him every success for the future."

Gary Bullard, Chair of Gooch & Housego, added:

"Chris has played a central role in G&H's evolution over many years and
leaves the Company in a stronger position for the next stage of its growth. On
behalf of the Board, I'd like to express our gratitude for his dedication and
service. We are pleased to welcome Martin Hopcroft as Interim CFO."

 

For further information please contact:

 Charlie Peppiatt, Chief Executive Officer                  Gooch & Housego PLC      +44 (0) 1460 256440

 Mark Court / Sophie Wills / Abigail Gilchrist              Burson Buchanan          +44 (0) 20 7466 5000

 G&H@buchanan.uk.com (mailto:G&H@buchanan.uk.com)

 Christopher Baird / David Anderson                         Investec Bank plc        +44 (0) 20 7597 5970

 

Notes to editors

Gooch & Housego is a photonics technology business headquartered in
Ilminster, Somerset, UK with operations in the U.S. and Europe. A world leader
in its field, the company designs, engineers and manufactures advanced
photonic systems, components and instrumentation for applications in the
Aerospace & Defence, Industrial, Life Sciences and Scientific Research
sectors. World leading design, development and manufacturing expertise is
offered across a broad range of complementary technologies.

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