Jackie Callaway, the chief financial officer of Coats Group, has made the decision to leave the firm at the end of the AGM on 21st May 2025. Callaway has spent four and a half years working with the Group.
Hannah Nichols is anticipated to become an executive director and group chief financial officer designee on 24th April 2025, according to a statement from the company. Nichols will take up CFO duties at the end of the AGM in May.
David Gosnell, chair of Coats, commented on Callaway’s retirement and Nichols’ appointment as the new CFO, saying he wanted to congratulate Jackie for her commitment and exceptional contribution over the past four and a half years.
Hannah is welcomed to the team with great pleasure by the organisation. After conducting a comprehensive search, he noted, it is thrilled to have identified a fantastic applicant with the background and abilities to carry out the next phase of the Coats adventure.
Nichols joins from the global industrial giant Hill & Smith, where she has been CFO since 2019, the business added. She has over 20 years of expertise in a variety of finance jobs, having previously worked at BT Group. At the moment, Nichols serves as Oxford Instruments plc’s non-executive director.