BusinessCompany NewsBinning wins coveted FD job at Hanson

Binning wins coveted FD job at Hanson

Incoming finance boss to take up highly coveted role at the FTSE 100 building materials company in the New Year

Hanson has appointed Pavi Binning as
finance director. Binning, 46 will take up the position on 2 January, 2007.

‘Pavi will make an excellent contribution to Hanson,’ said Mike Welton,
chairman
of Hanson. ‘We are fortunate to have been able to choose from some very high-

quality candidates.’

Hanson announced in July that outgoing FD Jonathan Nicholls was leaving to
join insurer Old Mutual
PLC
.

Previously, Binning worked as CFO at Telent plc, formerly Marconi. Hanson
highlighted his role in the successful restructuring of Marconi’s balance sheet,
the disposal of the majority of Marconi’s business to
Ericsson and the securing of its UK
pension plan before establishing Telent as being key factors in his selection.

Related links:

How to sit at the FTSE100 table 

The Finance Directors’ Forum: What’s
next?
 

Career development: reaching for the
top

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