REG - Halma PLC - Appointment of Chief Financial Officer

HalmaAnnouncement

08/01/2025 07:00

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RNS Number : 4825S  Halma PLC  08 January 2025

HALMA PLC - DIRECTORATE CHANGE

Appointment of Chief Financial Officer

Halma plc, the global group of life-saving technology companies focused on
growing a safer, cleaner, healthier future for everyone, every day, today
announces that Steve Gunning, Chief Financial Officer (CFO), has informed the
Board of his decision to retire from Halma. Steve will continue as CFO of
Halma until 31 March 2025.

In line with the Group's succession plans, Carole Cran is appointed CFO
Designate with immediate effect and will succeed Steve on 1 April 2025. Carole
has been an independent non-executive director of Halma and Chair of the Audit
Committee since 2016 and was most recently CFO of Forth Ports Limited. Prior
to this, she was CFO of Aggreko plc, having held a number of senior finance
positions within the business before becoming CFO in 2014.

Sharmila Nebhrajani OBE, non-executive director, has assumed the role of Audit
Committee Chair with immediate effect, taking over from Carole.

As a highly experienced CFO, Steve was appointed to enable Marc Ronchetti,
Halma's Group Chief Executive, to give his full focus to his transition to CEO
as well as to set the finance function up for future growth. With those
priorities now complete, and with Halma well-positioned for continued success,
Steve has decided that now is the right time to step back from his executive
career.

Marc Ronchetti, Group Chief Executive, said: "Steve has played a vital role
for Halma, and for me personally, enabling me to focus fully on my transition
into the Group Chief Executive role. He has delivered strategically critical
work across the finance function which has set us up for the next phase of our
growth. I would like to thank him for his partnership and support, and wish
him all the best for the future.

I am delighted that Carole has agreed to become our next CFO. She brings
considerable experience as a finance leader as well as a good understanding of
Halma's Sustainable Growth Model, having spent nine years on our Board. Her
passion for Halma's purpose, our companies and our people, makes her a great
addition to the executive team."

Steve Gunning said: "I have really enjoyed working with Marc and the team and
I am proud to have contributed to Halma's continued success. My main goal was
to support Marc's transition, which has gone well and is now complete. It has
also been satisfying to further focus the Group on return on capital and
develop the finance function for future growth. Given the progress made, it is
the right moment for me to step back from my executive career and I am
delighted that someone of Carole's calibre will take on the role. I look
forward to working closely with Carole on her transition to CFO."

Carole Cran said: "I am excited to be joining Halma as CFO and am looking
forward to building on the great work that Steve has done. In my time on the
Halma Board, I have seen first-hand the strength of the Group's business model
and the passion our people have for making a positive difference to people's
lives every day. I look forward to playing my role in further extending our
track record of sustainable growth and returns."

 For further information, please contact:      +44 (0)1494 721 111

 

                                             +44 (0)7776 685948
 Halma plc

 Marc Ronchetti, Group Chief Executive

Steve Gunning, Chief Financial Officer

 Charles King, Head of Investor Relations

 MHP                                           +44 (0)20 3128 8100

 Oliver Hughes/Rachel Farrington/Ollie Hoare   +44 (0)7817 458 804 halma@mhpgroup.com

A copy of this announcement, together with other information about Halma, is
available at www.halma.com.

NOTES

REMUNERATION DISCLOSURES

Carole Cran

Effective today, Carole Cran will receive a salary of £618,000 per annum
and be eligible for a bonus of up to 180%, and Long-Term Incentives of up to
250%, of base salary. Carole's company pension contribution is aligned to
the UK wider workforce rate of 10.5% of salary.

Steve Gunning

Termination arrangements will be in line with Halma's Remuneration Policy and,
in accordance with section 430(2B) of the Companies Act 2006, will be fully
disclosed in our 2025 Annual Report and Accounts.

BIOGRAPHIES

Carole Cran: Carole was most recently Chief Financial and Commercial Officer
of Forth Ports Limited and is a non-executive director of RS Group plc. Carole
was Chief Financial Officer of Aggreko plc until December 2017, prior
to which she held a number of senior finance roles within that
group. Previously, she worked at BAE Systems plc in a range of senior
financial positions, which included four years in Australia. Carole commenced
her career in the audit division of KPMG where she qualified as a Chartered
Accountant.

Sharmila Nebhrajani OBE: Sharmila began her career at PwC, qualifying as a
Chartered Accountant before serving 15 years at the BBC, latterly as CFO and
Chief Operating Officer of BBC Future Media. She is Chair of the National
Institute of Clinical Excellence and sits as a non-executive director on the
boards of ITV plc, Severn Trent plc, and Coutts & Co. Her audit chair
experience spans the public and private sectors, and she currently chairs the
audit committees of Coutts & Co., Oxford University and the Sovereign
Grant Audit Committee of the Royal Household. She has previously held
executive board positions at the Medical Research Council, the Association of
Medical Research Charities and the NHS. She has been awarded an OBE for
services to medical research.

There are no further details to be disclosed under UKLR 6.4.8R

About Halma

 Halma is a global group of life-saving technology companies, focused on
 growing a safer, cleaner, healthier future for everyone, every day. Its
 purpose defines the three broad market areas where it operates:
                            ·    Safety                               Protecting the safety of people and assets as populations grow and the demand
                                                                      on infrastructure increases.
                            ·    Environment                          Addressing the impacts of climate change, pollution and waste, protecting
                                                                      life-critical resources and supporting scientific research.
                            ·    Health                               Meeting the increasing demand for better healthcare as chronic illness rises,

                                         driven by growing and ageing populations and lifestyle changes.

                            Halma employs over 8,000 people in more than 20 countries, with major
                            operations in the UK, Mainland Europe, the USA and Asia Pacific. Halma is
                            listed on the London Stock Exchange (LON: HLMA) and is a constituent of the
                            FTSE 100 index.

                            Halma has been named one of Britain's Most Admired Companies for the past
                            six years.

End

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