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Johnson Mathey hires KPMG partner as new CFO

Stephen Oxley will join the sustainable technologies group from KPMG, where he is a current partner, and brings experience of both audit and advisory roles for large, complex, international companies across a variety of sectors

Johnson Matthey has announced that Stephen Oxley will join the company’s board as chief financial officer (CFO), succeeding his predecessor Karen Hayzen-Smith with effect from 1 April 2021.

Oxley will join the sustainable technologies group from KPMG, where he is a current partner, and will bring experience of both audit and advisory roles for large, complex, international companies across a variety of sectors, including FMCG, healthcare, natural resources and industrials.

He has previously worked with global FTSE 100 and private companies, including Johnson Matthey. In addition to his operational and technical understanding of the group, Oxley will also bring “significant” experience working with companies going through major change programmes.

In addition to being a qualified chartered accountant, he has worked at KPMG for almost 30 years.

In his current role, Oxley leads KPMG UK’s dialogue with the investor community on areas including performance, stewardship, climate change and Environment, Social and Governance (ESG) matters.

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Oxley said: “I am delighted to be joining JM at such an exciting time. The company’s sustainable technologies are right at the heart of tackling climate change and I am looking forward to working with Robert and the rest of the executive team to deliver the strategy and create value for all our stakeholders.”

Robert MacLeod, chief executive of Johnson Matthey said: “I am extremely pleased that Stephen will join JM in April, and I am looking forward to working with him. I would also like to thank Karen for her valuable contributions and ongoing support over the past few months.

“Stephen’s extensive experience in working with large global companies on major strategic programmes will enable him to make an immediate contribution to JM as we progress our transformation and deliver our growth opportunities to create a cleaner, healthier world.”

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