Scottish sausage skin maker Devro hires brewing high-flyer as new finance chief
Devro, the Scottish sausage-skin and food casings maker, has hired a brewing industry high-flyer as its new finance boss.
Rohan Cummings will join the board as executive director and chief financial officer at the start of December. He replaces Jackie Callaway, who announced during the summer that she was leaving the group to take up the same post at Coats Group.
Cummings is currently the chief financial officer of Asahi International, part of Asahi Group Holdings, the Japanese global beer, spirits, soft drinks and food business. He spent 14 years at beer giant SABMiller in a range of finance roles.
Unveiling the key appointment, Devro chief executive Rutger Helbing said: “I am delighted to welcome Rohan to Devro. With his broad finance and international background, as well as his strong track record of helping businesses to grow, I look forward to Rohan using that experience to contribute towards delivering Devro’s ‘3Cs’ strategy and growth ambition.
“I would also like to thank Jackie for her contribution over the last few years and wish her well in her future endeavours.”
In July, the Moodiesburn-based group reported “good progress” despite the impact of the Covid pandemic and reinstated its shareholder dividend.
Releasing results for the six months to the end of June, the firm said revenues had dipped to £119 million from £119.2m a year earlier.
Underlying operating profit came in at £18.5m, up from £17.8m, while operating margin increased to 15.5 per cent from 14.9 per cent as the firm benefited from cost savings. Devro said the closure of its Bellshill plant, as previously flagged, was on track.
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