Walstead Appoints New CFO

Walstead Appoints New CFO


Walstead Group is pleased to announce the appointment of Neil Johnson as Group CFO and board director with effect from 1 June following the departure of Julian Rothwell.

Neil joins Walstead from Sparrows Offshore Services Group where he was Group CFO from 2014 to 2023. Prior to that Neil was CFO at Promethean World Plc for over 8 years.  He brings with him over 30 years’ experience in finance, operations, systems, and accounting.

Paul Utting, Walstead’s CEO, commented, “Neil is a seasoned professional with an accomplished and distinguished finance career and has demonstrated successes in key financial and operational disciplines required of a world-class CFO. His profound experiences at the international CFO level will be integral and will support many of the initiatives, challenges, and the anticipated growth that we want to deliver in the next five years. I am excited to welcome Neil to the leadership team.”

Mark Scanlon, Walstead’s chairman, commented: “I look forward to working with Neil as he takes over from Julian to support Walstead in their next phase of growth and expand our service offering heading towards €1 billion revenue.”

Neil is a member of ICAEW (ACA) and has a first-class honours degree in B.Eng Electrical & Electronic Engineering.


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