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.

He will remain with Shanks until August 31st to ensure a smooth handover to his successor, who has yet to be found.

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"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."

BC