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Mitie appoints Woolf as new CFO

14 November 2017

Maintenance specialist Mitie has announced the appointment of Paul Woolf as new group chief financial officer (CFO).

Woolf is a former chief executive of Virgin Active Health Clubs and has also been appointed to Mitie’s board with immediate effect.

Sandip Mahajan, who has held the role of group CFO since February 2017, will step down from the board and take up a new role as the group’s chief financial transformation officer.

Woolf will report to chief executive Phil Bentley.

Speaking about the new appointment, Bentley said: “As Mitie continues to roll out its pioneering ‘Connected Workspace’ strategy and seeks to deliver exceptional service and value to its customers, Paul’s skills will be of immense value to the group. I am very much looking forward to working with him as we drive the delivery of our three-year transformation programme.”

Derek Mapp, Mitie chairman, said: “Mitie has undergone a period of significant change in the last 12 months, and Sandip’s attention to detail and deep understanding of our accounting and financial systems has been of outstanding value to our organisation. On behalf of the board, I would like to thank him for his focus and dedication during this important time, as he takes on a key role to focus on our continued financial transformation.

“I would like to welcome Paul to the Mitie Board. Paul’s previous experience as a CEO, CFO and COO, in both public and private companies, will bring additional skills to both the board and our strong management team.”

In October 2016, Ruby McGregor-Smith, chief executive of the company, stepped down.

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