Diploma PLC announced that Barbara Gibbes will step down from her role of Group Chief Financial Officer and leave the Group on 30 September 2022. Barbara will be succeeded by Chris Davies as Group Chief Financial Officer whose start date will be confirmed in due course. Chris Davies joins company from National Express Group PLC, a FTSE 250 business where he has been Group Chief Financial Officer since 2017.

He previously served as Group Financial Controller and Treasurer and then Interim Group Chief Financial Officer at Inchcape plc, and Chief Financial Officer for North America at Diageo plc, where he also held several other senior roles. Prior to this, Chris held roles at Andersen Consulting, The Boots Company plc and Marakon Associates. He is currently a Non-Executive Director of Motability Operations Group PLC.

Barbara Gibbes, current Group Chief Financial Officer, will remain in her existing role to support the Company through the current financial year and ensure an orderly transition. She will step down from the Board on Friday 30 September 2022. During the interim period from 1 October 2022 until the date when Chris joins, Chief Executive, Johnny Thomson, will assume supervision of the senior finance team.