FIH Group announces CFO Stuart Munro as next CEO

– UK, Bishop’s Stortford –  FIH Group PLC (LON: FIH), the AIM-quoted international services group that owns essential services businesses in the Falkland Islands and the UK, today announced the appointment of current CFO Stuart Munro as CEO, effective on 14 April 2022, to succeed John Foster who will step down from his position as CEO at that date.

Stuart Munro, who joined as CFO in April this year, will succeed John as CEO and in the time leading up to his appointment, changes will be made to the finance function to accommodate his move.

John has been CEO and MD of the Group for 17 years and agreed to remain with FIH through its financial year ending 31 March 2022, to ensure a smooth transition.

Robin Williams, Board Chairman, said, “On behalf of the Board, I would like to thank John for his significant contribution to the business over the past 17 years and wish him well in his future endeavors. Stuart joined FIH with the potential to make the step up to the CEO role and I am delighted to confirm his move, having now worked alongside him for the past 6 months during which he has clearly shown that he has the strategic and operational skills to lead the Group.”

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