PHARMACEUTICALS giant AstraZeneca’s CFO Simon Lowth will move to oil and gas explorer BG Group in November, the two companies announced today.
Lowth joined AstraZeneca in 2007 and is responsible for finance, investor relations and the firm’s business in Japan.
In his new role, he will replace Den Jones who has been interim CFO and executive director since February.
“Simon knows the gas and power industry well and has a good background in engineering,” said BG Group chief executive Chris Finlayson.
“He brings with him a great combination of finance, capital allocation, value-based planning, portfolio management and strategy skills - critical skills as we execute our strategy to deliver long-term value to shareholders and focus on excellence in execution.”