New Meggitt finance head

Suzie Neuwirth
DEFENCE equipment and aircraft parts maker Meggitt yesterday announced that Doug Webb has been appointed as chief financial officer with immediate effect.

He replaces Stephen Young, who was promoted to chief executive on 1 May after Terry Twigger’s retirement.

Webb most recently held the role of chief financial officer of the London Stock Exchange. He previously worked at IT firm Logica and defence technology company QinetiQ.

He is a fellow of the Institute of Chartered Accountants and holds an MA in Geography and Management Sciences from Cambridge University.