The finance director of Renishaw plc is to retire after more than 46 years with the firm.
Allen Roberts will step down at the end of the year, with the global provider of manufacturing technologies, analytical instruments and medical devices now seeking a CFO to succeed him.
The Gloucestershire firm, founded by David McMurtry and John Deer in 1973, floated on the Unlisted Securities Market in 1983 and gained a full listing on the London Stock Exchange the following year.
Deer, now a non-executive director, said Roberts “has been a huge part of the Renishaw success story”.
“From the first interactions that Sir David McMurtry and I had with him in 1974 it was clear that when the time was right for us to recruit our first finance director, Allen was the person who would help us to shape Renishaw’s future,” he continued.
“The company owes him an enormous debt of gratitude for helping to navigate its financial and strategic development over the past 46 years, notably in establishing its overseas subsidiaries.
“I wish him all the very best with his retirement and I would like to express my enormous personal gratitude for his friendship and wise counsel over the past five decades.”
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Sir David Grant, interim non-executive chair, commented: “To have remained finance director of a FTSE-listed company for over 40 years is an incredible achievement. Allen’s stewardship of Renishaw’s finances through an ever-evolving business landscape has been a cornerstone of its enduring success.
“On behalf of the board, I wish him a long, happy and healthy retirement.”
Renishaw’s 2025 full-year results will be released on 18th September 2025. Revenue is expected to be in the middle of the £700-720m range, with adjusted profit before tax to be towards the top of the £109-127m range.
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