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Collagen manufacturer Devro has announced that CFO Jackie Callaway will step down from the position.

Callaway will leave the group to take on the same position at manufacturing company Coats Group.

No date has been announced for her departure, but the company revealed a process to determine a successor is now underway in line with board succession planning, with Callaway working with the CEO and the board to ensure an “orderly transition”. 

She has held the position of group CFO since 2018 and has held senior finance positions at Consolidated Minerals and Brambles.

She said: “It has been an enormous privilege to work at Devro. The business is in good shape with a strong balance sheet which will serve the company well in the coming months and years. 

“Although my departure is still some way off, I would like to take this opportunity to thank my colleagues across the company and wish Devro every success for the future.”

Rutger Helbing, chief executive officer, added: “I would like to add my thanks to Jackie for her hard work and commitment. 

“She has also played a critical role in the company’s development over the last few years which positions us well for future growth, and we wish her all the very best. We will continue to work closely with Jackie in the months ahead to ensure a smooth transition to the new CFO.”

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