BG Group Plc. (BRGYY.PK,BG.L) announced Monday that it has appointed Simon Lowth as its Chief Financial Officer and as an Executive Director, effective from November 2013. Simon will succeed Den Jones who has been Interim Chief Financial Officer and Executive Director since February 2013.
The company noted that the effective date of the appointments remains to be confirmed and will be the subject of a separate announcement.
Simon is currently the Chief Financial Officer of AstraZeneca Plc. (AZN,AZN.L) and an Executive Director on its Board. He joined the biopharmaceutical company in November 2007 and is responsible for Finance, Investor Relations, and AstraZeneca's business in Japan.
Simon has been a non-executive director of Standard Chartered PLC since 2010.
Before joining to AstraZeneca, Simon served at Scottish Power PLC from 2003 to 2007. In 2005, Simon was appointed Finance Director, successfully leading a drive to improve both earnings and cash generation. Simon previously spent 15 years working for McKinsey & Company, latterly as the Director responsible for the UK industrial practice.
by RTT Staff Writer
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