Coats, the world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market, has appointed Andrew Wright as Interim Head of Finance. Andrew will be responsible for overseeing the activities of Group Finance and FP&A (Financial Planning and Analysis).
Andrew was most recently Director, Group Reporting at Gates Worldwide (formerly Tomkins plc) a UK/US listed FTSE 100 global engineering and manufacturing group. Prior to that he held a series of senior Finance positions within Tomkins plc Group.
Andrew’s appointment follows the departure of Richard Howes, Chief Financial Officer (CFO) on Wednesday 6 April. A search has been initiated for the role of CFO and Andrew will remain in post until a suitable successor has been appointed.
Andrew has over 20 years’ experience of technical leadership and managing process excellence in group finance teams through periods of significant corporate activity. His experience spans both UK and US listings as well as private equity owned organisations. He also has extensive cross functional knowledge to translate strategic initiatives into efficient and measurable solutions.
Andrew started his career at Ernst and Young in the audit division where he qualified as a Chartered Accountant before joining Tomkins Group plc. He has detailed knowledge of IFRS (International Financial Reporting Standards), UK GAAP (UK Generally Accepted Accounting Principles) and USGAAP (US Generally Accepted Accounting Principles) and holds a first class honours degree in Mathematics from the University of Warwick.
ENDS