Clarksons appoints BP's Niamh Staunton as CFO

(Sharecast News) - Clarksons said on Wednesday that it has appointed Niamh Staunton as chief financial officer following a comprehensive selection process.

Staunton joins the provider of integrated shipping services from BP, where she has served as the Senior Vice President, Finance and Risk in the Supply, Trading & Shipping business for the past two and a half years. Prior to this, she was group Treasurer at BP, a position she assumed in 2021.

Clarksons said Staunton has more than 20 years of experience in senior finance and leadership roles, and a proven track record in strategic finance, risk management, treasury and capital markets in complex, global organisations.

Before her tenure at BP, she spent more than 15 years at Morgan Stanley, where she held several senior roles in capital markets.

Staunton will join the company and be appointed as an executive director later this year. She will succeed Jeff Woyda, who is due to retire from his roles as CFO and chief operating officer in September after 19 years with the group.

Chief executive Andi Case said: "Niamh joins us at an exciting stage in our journey; although we are a company with incredible heritage, turning 175 years next year, we have always been regarded as being at the cutting edge of our markets. Niamh's career to date means she joins us with a huge amount of experience and skill that I think perfectly fit what the company needs to support and execute the next phase of its strategy.

"At the same time, on behalf of the company I would like to extend sincere thanks to Jeff Woyda for outstanding service over nearly 20 years. He has played a pivotal role in shaping the business and contributing to its success. We are immensely grateful for his dedication and leadership, and he will leave a lasting impact. We wish him a very happy retirement."

At 0900 BST, the shares were up 0.5% at 4,686p.

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