Reconomy names new finance boss

Waste management firm Reconomy has named Philip Vincent as its new chief financial officer with immediate effect.

He succeeds John Sullivan who was in the post for nine years. and will remain available to the company in a strategic advisory capacity.

Vincent, who has more than 20 years’ experience in senior finance roles spanning multinational public and private companies across several industries, joins from Zigup where he also worked as chief financial officer.

The qualified chartered accountant also worked as finance director for Asia-Pacific at SABMiller, and previously spent almost 12 years at BBC Worldwide in a variety of roles, leaving as chief financial officer.

‘Wealth of relevant experience’

“I am delighted to welcome Philip to Reconomy at this exciting time for our business,” said Guy Wakeley, chief executive of Reconomy.

“He brings a wealth of relevant experience and will prove invaluable as we remain focused on executing on our strategic priorities to attain a leading position in the attractive international circularity market and scale our platform across North America.”

Wakeley added: “On behalf of the leadership team, I’d like to thank John for his outstanding service to our business. During his tenure, our business has grown nearly 14 times in size and his guidance and strategic leadership has contributed greatly to our success. We wish him well for the future.”

John Sullivan, outgoing chief financial officer, said: “The business is now in a very different place to when I joined in 2016 with excellent foundations in place for sustainable and profitable growth.

“It has been a privilege to work with so many talented professionals during my nine years at Reconomy and I am tremendously proud of what we achieved and delivered for our clients.”

Impressed by growth

Vincent said: “I have been impressed by the company’s exceptional pace of organic and inorganic growth, its global reach, best-in-class experts, superior technology capabilities and the breadth of its customer base.

“I look forward to working with Guy and the rest of the leadership team as we focus on delivering long-term sustainable earnings growth and superior returns on invested capital.”

Reconomy names new finance boss

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