Stuart Simpson, CFO, Royal Mail

Stuart Simpson, CFO, Royal Mail

Stuart Simpson was named in 39th position in the Accountancy Age Financial Power List 2018

Bio

Stuart Simpson graduated from Newcastle University in 1991, before joining Arthur Andersen & Co. in the corporate recovery and transactions services team. Following a three-year period with the company, Simpson joined Rolls-Royce where he was senior finance manager for two years.

In 1996, he moved to Vauxhall Motors, firstly as a pricing analyst, before becoming financial controller in after-sales, parts and accessories in 1997. After a year in the role, he left to join General Motors, holding the positions of senior manager, retail and transfer pricing, for two years and director, business transformation for one year.

Simpson became finance director, global sales and marketing, design and engineering, at Saab Automobile in 2001, reporting to the vice chairman and CFO.

He returned to General Motors in 2003 as the director of planning and strategy, GM Europe, before becoming finance director, global compact car division in 2005, where he remained for three further years.

In 2008, Simpson was appointed director of finance at e2v, where he spent a year. He moved to Royal Mail in 2009 as finance director for group operations, before being appointed as director of operations in 2012 and deputy chief operating officer in 2014.

In July 2016, he replaced Matthew Lester as CFO of Royal Mail.

Why did Simpson make the Financial Power List 2018?

Simpson was named in 39th position in the Accountancy Age Financial Power List 2018:

Promoted to CFO last year following the departure of Matthew Lester, Simpson has been in the role for six months with plenty of projects to get stuck into this year. Royal Mail is scheduled to release its full-year results ending 25 March on 17 May with recent trading reports indicating that figures will be in line with first half-year performance. The job has its challenges – Simpson will be integral to Royal Mail’s transformation strategy in 2018, but can the company successfully navigate pay and pension talks with the unions over the coming months?

Royal Mail

Royal Mail is the designated Universal Postal Service Provider in the UK. It has two core divisions: the UKPIL, which operates in the UK, collecting and delivering parcels; and the GLS, which has operations in Europe and Ireland.

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