Appointment of CFO to support next phase of growth
Reconomy, the leading international circular economy specialist, today announces that Philip Vincent has been appointed to the role of Chief Financial Officer (CFO) of the Group, with immediate effect.
Philip Vincent is a highly accomplished finance executive with over 20 years of experience having held senior roles at multinational public and private companies across a number of industries. He has a proven track record of driving commercial success and international growth, along with deep expertise in public markets and M&A. Philip joins from ZIGUP PLC, formally Redde Northgate PLC, following a successful tenure as Chief Financial Officer. Before this, he was the Finance Director, Asia Pacific for SABMiller plc and spent almost 12 years at BBC Worldwide in a variety of roles, leaving as Chief Financial Officer. Philip is a qualified Chartered Accountant having trained with KPMG. Philip will succeed John Sullivan who served as Chief Financial Officer of Reconomy for nine years.
John will remain available to the business in a strategic advisory capacity. Guy Wakeley, Chief Executive of Reconomy, commented: “I am delighted to welcome Philip to Reconomy at this exciting time for our business. He brings a wealth of relevant experience and will prove invaluable as we remain focused on executing on our strategic priorities to attain a leading position in the attractive international circularity market and scale our platform across North America. The leadership team is looking forward to working with him." “On behalf of the leadership team, I’d like to thank John for his outstanding service to our business. During his tenure, our business has grown nearly 14 times in size and his guidance and strategic leadership has contributed greatly to our success. We wish him well for the future.” Philip Vincent, Chief Financial Officer of Reconomy, said: “I am excited to be joining the team at Reconomy. I have been impressed by the Company’s exceptional pace of organic and inorganic growth, its global reach, best-in-class experts, superior technology capabilities and the breadth of its customer base. I look forward to working with Guy and the rest of the leadership team as we focuscon delivering long-term sustainable earnings growth and superior returns on invested capital."
John Sullivan, outgoing Chief Financial Officer, said: "The business is now in a very different place tocwhen I joined in 2016 with excellent foundations in place for sustainable and profitable growth. Itchas been a privilege to work with so many talented professionals during my nine years at Reconomycand I am tremendously proud of what we achieved and delivered for our clients."
Reconomy UK Ltd. Kelsall House, Stafford Court, Stafford Park 1, Telford, Shropshire TF3 3BD
01952 292 000 enquiries@reconomy.com reconomy.com
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Contact for Reconomy:
Temple Bar Advisory
Alex Child-Villiers // Sam Livingstone // Alistair de Kare-Silver // Juliette Packard
Tel: 020 7183 1190
Email: reconomy@templebaradvisory.com
About Reconomy
Reconomy is an international circular economy specialist that combines technology, skills and
incredible people to unlock commercial opportunities for businesses by helping them optimise their
resources, embed efficiencies, prevent waste and circulate materials back into use.
Reconomy’s capabilities are organised into three divisions known as ‘Loops’ - Recycle, Comply, and
Re-use. Recycle loop is focused on waste and resource management. Comply loop helps businesses
meet complex regulatory challenges and Re-use loop delivers end-to-end, omnichannel returns
management and logistics solutions.
Reconomy operates across more than 150 countries, with more than 4,000 colleagues servicing a
diverse range of international customers, including some of the world's largest brands across multiple
sectors.
