ZIGUP appoints new CFO as company evolves

LONDON - ZIGUP PLC (LSE:ZIG), a leading integrated mobility solutions provider, has announced the appointment of Rachel Coulson as its new Chief Financial Officer (CFO). Coulson will succeed Philip Vincent, who resigned in October 2024 and will officially leave his position on March 28, 2025.

Coulson brings a wealth of experience to ZIGUP, having served as Group Deputy Chief Financial Officer at Pearson PLC (LON:PSON). Her background includes significant roles in senior finance in both the UK and US since 2014, and she has been recognized for her expertise in digital transformation and enhancing customer experience through innovative technology strategies. Her previous roles include senior finance positions at Vodafone (NASDAQ:VOD) and the beginning of her finance career at PWC.

The Board Nominations Committee conducted a thorough recruitment process before selecting Coulson, who is set to join ZIGUP’s Board of Directors no later than August 18, 2025, after completing her notice period at Pearson. In the interim, Richard Clay, ZIGUP Group UK&I Finance Director, will assume the role of CFO.

Martin Ward, CEO of ZIGUP, expressed enthusiasm about Coulson’s upcoming tenure, highlighting her relevant experience in driving international business growth and digital transformation. Ward also took the opportunity to thank Vincent for his six years of service to the company.

Coulson shared her excitement about joining ZIGUP, noting the company’s position at a strategic point in its development and her eagerness to contribute to the next phase of its journey.

ZIGUP emphasized that no compensation is payable to Vincent regarding his departure, in accordance with the company’s Remuneration Policy. Additionally, any unvested options under the Company Long Term Incentive Plan will lapse, and Vincent will not receive a bonus for the fiscal year ending April 30, 2025.

This announcement is made in compliance with UK Listing Rule 6.4.6R, with no further disclosure required under UK Listing Rule 6.4.8R(2) to (6).

The information in this article is based on a press release statement.

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