GSK appoint HSBC Finance Director as new CFO

GSK completes £4bn Tesaro acquisition
Courtesy of GSK

GlaxoSmithKline (GSK) has appointed former HSBC Group Finance Director Iain Mackay as its new Chief Financial Officer.

Mr Mackay has also been appointed as an Executive Director to the GSK Board and will join the company on 14 January 2019.

“I’m delighted to welcome Iain to GSK,” said CEO Emma Walmsley.

“As a proven CFO of a complex, regulated global organisation, he brings tremendous finance experience and will be a great addition to the team.

“He is a strong leader with a track record of driving cost, cash and capital allocation discipline to deliver strategy. These capabilities will be vital as we continue to implement our Innovation, Performance and Trust priorities for the benefit of patients and shareholders.”

GSK confirmed that Simon Dingemans will continue to be accountable as CFO for GSK’s financial governance through March 2019.