Global engineering, technical and business services organisation, Lloyd’s Register (LR), has announced the appointment of Mary Waldner as Group CFO. Mary is currently Group Finance Director at FTSE 250 listed defence, security, transport and energy company Ultra Electronics and replaces Alastair Marsh’s as LR’s Group CFO following his appointment as CEO of the Lloyd’s Register group in October 2015.
Mary has a broad range of experience in a variety of sectors and an excellent track record of delivery throughout a number of senior financial roles with major public limited companies. After graduating from Oxford University with an MA in Physics, Mary started her career at Coopers & Lybrand Management Consultancy Services, before working for Vauxhall Motors Ltd. From 1998 to 2008, she held a number of senior roles at British Airways plc, including Financial Controller (Commercial) and Manager, Corporate Planning and Reporting. Following this, she then moved to 3i Group plc, where she was Group Financial Controller. In 2011, Mary joined QinetiQ Group plc as Director, Group Finance. She joined Ultra Electronics as Group Finance Director and was appointed to the Board in July 2013.
Mary’s start date has not yet been finalised. In the meantime Simon Nice will continue in his position as interim CFO.
LR's CEO Alastair Marsh said: “Mary brings extensive board level experience from a FTSE 250 company and has led strategic change programmes at similar organisations to us. She is also passionate about engineering and I’m sure will be a huge asset for LR.”
Commenting on her appointment, Mary Waldner said: “'I am delighted to be joining LR at such an important point in its evolution and look forward to working with Alastair and the team.”