Shanks FD gets ticket to FirstGroup

The Finance Director of FTSE 250 waste management group Shanks is to leave the board in the summer to join transport firm FirstGroup, the companies announced on Monday.

Chris Surch, who joined Shanks in May 2009, has held senior financial roles previously at Smiths Group and TI Group. "Together with a strong track record of financial leadership and budgetary planning, he has extensive operational, strategic and international experience," FirstGroup said.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

"We are grateful to Chris for the contribution he has made in helping to develop Shanks during the last three years. The company is in a significantly stronger position than it was in 2009, and Chris has played an important role in this journey," said Shanks's Chief Executive Peter Dilnot.

In a FirstGroup statement, Surch said: "I am delighted to be joining FirstGroup as group Finance Director. As the leading transport operator in the UK and North America with strong positions in its core markets and a clear focus on strengthening the business for the future, this is an exciting challenge."

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.