Senior FD leaves for defence technology rival Cobham

by Richard Crump

More from this author

26 Nov 2012

  • Financial Director
  • Comments
F-22 Raptor fighter jet

DEFENCE TECHNOLOGY GROUP Cobham has recruited new chief financial officer Simon Nicholls from rival components maker Senior.

Nicholls, who joins Cobham with effect from 1 May 2013, replaces Warren Tucker who stands down after completing ten years of service.

During his time at Senior, Nicholls is credited with playing an important role in the strategic evolution and growth of the business including the acquisition of four companies.

He also helped drive improved cash conversion through increased balance sheet efficiency and the management of working capital, and completed refinancings via US private placements and bank syndicated revolving credit facilities, Cobham said.

Previously, Nicholls was CFO of Hanson North America, based in the US where he took a leading role in the acquisition of some 35 companies. Prior to that he was financial controller of Hanson for three years.

Nicholls spent nine years with Price Waterhouse in the UK and Canada, and four years working in senior financial positions.

Senior's share price dropped 0.26%, while Cobham's share price was unchanged in early morning trading,

For more share price information visit the Share Price Centre.

Visitor comments

blog comments powered by Disqus
display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

conservatoire-for-dance-and-drama

Finance-Director-part-time

Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.