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National Express names Helen Weir as new chairman

National Express names former M&S Finance chief Helen Weir as new chairman in search for new CFO

  • Weir will join the board in October and will take over from Sir John Armitt . in January
  • She is also currently a non-executive director at Greencore and Superdry
  • James Stamp, Group Commercial Director, Appointed Interim Finance Chief

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New chairman: Helen Weir will take over from Sir John Armitt in January

New chairman: Helen Weir will take over from Sir John Armitt in January

National Express bus company has appointed former Marks & Spencer finance chief Helen Weir as its new chairman.

Weir will join the board in October and will take over from outgoing chairman Sir John Armitt in January when he steps down after nearly a decade.

The group also appointed James Stamp, the group’s commercial and strategic director, as interim chief financial officer after Chris Davies announced his resignation last month.

Weir, who served as CFO at M&S ​​between 2015 and 2018, had a long executive career as CFO of a number of publicly traded companies.

In the past she was also group finance director at John Lewis and chief executive of retail banking at Lloyds Banking Group.

She is currently a non-executive director at food company Greencore and fashion retailer Superdry.

She has also held similar roles with Just Eat, SABMiller, Royal Mail and Cineworld Group in the past.

Sir John Armitt said Weir was ideal for the role: “With a deep understanding of the client and technology from her executive and non-executive experience and her extensive financial expertise, Helen is ideally positioned for the role.”

Chief executive Ignacio Garat said the appointment of Weir will help National Express pursue “growth opportunities.”

Weir said: “I am delighted to be joining National Express at such an important time for the company. The company has a clear strategy rooted in a goal to drive the significant shift from private cars to public transportation.”

Meanwhile, the group said it has begun the search for a permanent Chief Financial Officer and will consider both internal and external candidates.

National Express returned to profit in the first half of the year as passengers resumed travel.

In July, the transport company posted a profit of £15.8m for the first half of 2022, down from a £24.1m loss last year when many services were suspended after countries imposed strict nationwide lockdowns.

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