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International circular economy specialist, Reconomy has appointed Philip Vincent to the role of Chief Financial Officer (CFO) of the Group, with immediate effect.
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. Vincent 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.
Vincent said of his appointment: “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 focus on delivering long-term sustainable earnings growth and superior returns on invested capital.”
Vincent succeeds John Sullivan who served as CFO of Reconomy for nine years. Sullivan 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.”
