Invensys has announced David Thomas, who has been the Acting Chief Financial Officer of the group since March 2011, has been appointed as the Chief Financial Officer of the Group.
Invensys applies and creates advanced technologies that enable appliances, manufacturing and energy-generating facilities, and transit rail networks to operate in an energy-efficient and safe manner. In all three of the Groups divisions the companiesâ€™ products and systems give their customers the ability to make the best decisions at the correct times to optimise their business value and their operations.
The Group’s Chairman, Sir Nigel Rudd, stated he was delighted to welcome David onto the Board as Chief Financial Officer. Following an extensive review of external and internal contenders, David had the most expertise and experience within the role. This was helped through his nine years with Invensys in the positions of CEO and CFO.
Invensys Plc Chief Executive, Wayne Edmunds commented that he was looking forward to working with David. During the past four months he has been able to manage both the group from a commercial and financial point of view and has shown he is well suited to assisting the management of the group.
David Thomas started his career at Invensys in 2002 when he became the Groups Controller. He has previously worked at Ernst & Young as a senior partner, specialising in long-term industrial contracting businesses. During his time at the company, David has worked within many of the Groups divisions and held the role of both CFO and CEO. He also took the role of SVP Business Risk with responsibility for risk management across the business.