Douglas Hurt new FD of IMI plc
IMI plc, the major international engineering group, today announces the appointment of Douglas Hurt as Finance Director with effect from 1 July 2006.
Mr Hurt, aged 49, joins IMI from GlaxoSmithKline plc where he has held a number of senior finance and operational positions since qualifying as a Chartered Accountant in 1980. His career has included several years working in the USA and significant experience in European businesses including periods as a Chief Financial Officer and as an Operational Managing Director. He succeeds Trevor Slack who is retiring at the end of July, aged sixty, after thirty years with IMI, the last nine as Finance Director. Mr Hurt will join IMI on 1 May and become Finance Director from 1 July 2006.
Norman Askew, IMI’s Chairman, commented:
"We are delighted that Douglas Hurt will be taking over the finance role after Trevor Slack’s retirement. During a long and successful career with GlaxoSmithKline, Douglas has acquired tremendous experience of international business, both in finance and operational roles. Trevor is an outstanding Finance Director and has made a great contribution during his career at IMI. Trevor is retiring, having reached the normal retirement age for executive directors, and we wish him a long and happy retirement".