Wincanton plc has announced that Adrian Colman, currently Group Finance Director, will be appointed as Chief Executive, effective 1 August 2015. 

Current CEO Eric Born has formally notified the Board of his decision to step down in order to take up the position of CEO for a global business outside of the sector. Eric will remain with the Group until 31st July 2015.

Adrian's appointment follows a comprehensive search process undertaken by the Board's Nomination Committee as part of its succession planning, supported by an external search firm.

Adrian Colman joined Wincanton as Group Finance Director in January 2013. He was previously Group Financial Director of Psion plc, an international technology business, and prior to that was Group Finance Director at London City Airport.

The Board will now commence a process to appoint a successor as Group Finance Director.

Steve Marshall, Chairman of Wincanton, commented: "Adrian has already demonstrated his strong customer and operational focus during his time at Wincanton. Allied to this is a real enthusiasm for further developing the core business, its capabilities and its people. The Board is confident it has chosen a strong leader to take Wincanton forward.

"On behalf of the Board, I also want to acknowledge the very significant contribution that Eric has made during his six years with the Group. Wincanton has made considerable progress in recent years, and all of it under his leadership. When Eric steps down later in the year, he will leave with our thanks and best wishes for his future career."