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Home > Finance > UK's Serco says CEO Irwin to retire

Finance

UK's Serco says CEO Irwin to retire

Published by Global Banking and Finance Review

Posted on January 24, 2025

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(Reuters) -British outsourcing firm Serco said on Monday that CEO Mark Irwin will retire on Feb. 28 after two years in the role, and named Anthony Kirby, currently the chief of its UK & Europe division, as his successor.

The company said Irwin, who is leaving after 12 years in the firm, which is listed on the the FTSE midcap index, will continue to serve as a strategic adviser through a transition period.

Kirby, the chief of the group's largest division, will take office on March 1, Serco, one of Britain's largest government contractors, said.

The company, which raised its annual profit outlook last month, said there is no change to its 2024 and 2025 forecasts.

(Reporting by Yamini Kalia and Aby Jose Koilparambil in Bengaluru; Editing by Sonia Cheema)

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