David Smith appointed as new CFO of QinetiQ
QinetiQ announced on September 27 that David Smith has been appointed as chief financial officer (CFO). David will take up the role next year. He succeeds David Mellors, who leaves QinetiQ on December 31 to join Cobham as chief financial officer.
David Smith is currently chief financial officer and a director of Rolls Royce where he has made an important contribution to restoring confidence in the business, improving financial systems and delivering the early stages of its transformation. David was CFO of the technology group Edwards immediately prior to joining Rolls Royce; he has previously been CEO of Jaguar Land Rover and held a number of senior finance positions at Ford. He holds an MA in economics from Cambridge University and an MBA from Warwick University.
Steve Wadey, QinetiQ CEO, said,“We are delighted that David has agreed to join QinetiQ. He has extensive executive experience in blue chip companies and I am confident that he will make a significant contribution to delivering sustainable growth at QinetiQ.”
David Smith said, “QinetiQ is a science and engineering company with unique capabilities that are particularly well matched to emerging themes in global markets. I’ve been struck by the ambition of its leadership team and am excited about helping QinetiQ to realise its potential.”