Melrose Industries says Ross McCluskey will be named CFO
TL;DR
Melrose Industries appoints Ross McCluskey as CFO starting May 2026, replacing Matthew Gregory who will retire after a transition period. McCluskey brings extensive finance experience from roles at Intertek and other firms, aiming to support the company's growth in aerospace and defense.
Tags
Melrose Industries says Ross McCluskey will be named CFO
Melrose Industries Announces Ross McCluskey as Incoming CFO
Melrose Industries plc (LON:MRO) has confirmed Ross McCluskey will assume the role of Chief Financial Officer (CFO) and executive director on May 2026, succeeding Matthew Gregory, who has announced his retirement later in 2026. Gregory, who has served as CFO since Melrose’s transformation into a global aerospace and defense technology business, will remain with the company until the full-year results are announced on February 27, 2026, to facilitate a transition.
McCluskey brings over a decade of senior finance and leadership experience, most recently serving as Executive Vice President at Intertek Group plc, a FTSE 100 testing and inspection firm, and previously as Group CFO of Intertek from 2018 to 2021. His career also includes roles at Inchcape plc and firms such as JP Morgan and Greenhill & Co. According to company announcements, Melrose's CEO, Peter Dilnot, emphasized McCluskey's "seasoned leadership" and "international mindset" as critical to advancing the company's growth strategy.
Gregory's tenure has been pivotal in Melrose's strategic evolution, including its spin-off of GKN Aerospace. Dilnot expressed gratitude for his contributions, noting Gregory's role in establishing Melrose as an industry leader in aerospace and defense.
The appointment follows a "thorough selection process" by Melrose's board, with McCluskey's start date set for May 2026. The company stated it will provide further updates once retirement and transition dates are finalized.
This leadership change occurs amid Melrose's ongoing focus on aerospace and defense, sectors that have driven recent revenue growth, including a 14% increase in Q4 2025. McCluskey has stated he aims to collaborate with Dilnot and the board to "deliver sustainable value for shareholders, employees, and customers".
The transition adheres to UK Listing Rules (UKLR 6.4.6R and 6.4.7R), with no additional disclosures required under UKLR 6.4.8R.
Word count: 300
