QinetiQ appoints new CFO

QinetiQ, the defence and security group spun out of the Ministry of Defence, has appointed David Mellors as its CFO.

Mellors will start in August 2008 and is currently the deputy CFO of Logica. He had earlier spent time with Rio Tinto and at Price Waterhouse.

Sir John Chisholm, chairman of QinetiQ, said: 'I am delighted that David will be joining QinetiQ. He has extensive experience of working in a Plc environment, knowledge of the technology and services industry and a strong track record of working in overseas markets. On behalf of the Board, I welcome him to QinetiQ and look forward to him making a significant contribution to the development of the Group.'

Current CFO Doug Webb is leaving to become CFO at the London Stock Exchange.

Further Reading:

Read the stock exchange announcement

LSE poaches QinetiQ CFO