Under pressure from investors to boost returns, Johnson Matthey (JM) has appointed a new CFO and is searching for its next Chair as it recalibrates its hydrogen technologies business.
Former DS Smith finance boss Richard Pike has already started in a CFO ‘Designate’ role and will work alongside the firm’s existing CFO Stephen Oxley until March 31 to ensure an “orderly transition.”
Pike’s financial experience is expected to support JM’s transformation strategy, focused on cash generation, higher returns on capital and sustainable shareholder value.
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