RegionsEEAChemring Appoints Steve Bowers as Group Finance Director

Chemring Appoints Steve Bowers as Group Finance Director

Chemring has appointed Steve Bowers as group finance director (FD). He will take up his position with the UK company, which provides technology and electronics to the aerospace and defence industries, on 7 January, replacing Nigel Young who was appointed as interim chief financial officer (CFO) in July 2012.

Bowers was previously FD at Umeco, also an aerospace and defence supplier, for 13 years until it was purchased last July by Cytec UK Holdings. He qualified as a chartered accountant while working for KPMG.

His appointment follows the arrival in November of Mark Papworth as chief executive officer (CEO) of Chemring, who has initiated a strategic review. A recovery plan is expected to be issued later this month. US private equity group Carlyle recently decided against bidding for the group, which issued two profits warnings last year.

Related Articles

“Destroy or democratise” – how Open Banking will impact connectivity

Banking “Destroy or democratise” – how Open Banking will impact connectivity

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Money market reforms: Navigating LVNAV, CNAV and VNAV

EEA Money market reforms: Navigating LVNAV, CNAV and VNAV

5m Victoria Beckett
The Challenge of Building and Maintaining a Central Treasury Operation in a Decentralized Company

EEA The Challenge of Building and Maintaining a Central Treasury Operation in a Decentralized Company

5m BELLIN
The Treasury Challenge of a Post-Merger Integration

EEA The Treasury Challenge of a Post-Merger Integration

5m BELLIN
The Challenge of Integrating Worldwide Subsidiaries into one TMS

Baltics The Challenge of Integrating Worldwide Subsidiaries into one TMS

5m BELLIN
Q&A with BMG's treasury : BELLIN - We Love Treasury 2

EEA Q&A with BMG's treasury : BELLIN - We Love Treasury 2

5m BELLIN
PSD2: dull name, but seismic effect

Clearing & Settlement PSD2: dull name, but seismic effect

5m Alex Kwiatkowski