Former Reuters CFO joins Investis
Corporate communications service provider Investis has announced it is appointing experienced director and former Reuters boss David Grigson as its new chairman, with the aim of sparking opportunities for the company to expand.
With more than 25 years’ experience serving at a senior level across a number of publicly quoted companies, Grigson will prove a knowledgeable hire. He is currently chairman of Trinity Mirror and marketing firm Creston, a senior independent director at online UK supermarket Ocado and a non-executive director of Standard Life.
During his executive career, Grigson enjoyed a successful tenure as CFO of the Reuters Group, during which time the firm announced its £8.7 bn ($14.1 bn) merger with Thomson to form Thomson Reuters. He was also previously CFO of business-to-business magazine publisher Emap.
Grigson is well aware of future plans for Investis’ growth in the US, where the firm has won contracts to work with companies including General Electric and Northern Trust.
‘Investis has a clear strategy for growth, through geographic and product expansion, based on its market-leading technology platform,’ Grigson explains. ‘I look forward to working closely with Helen [James] and the rest of the team as they expand rapidly into the US market.’
Investis is best known for its work in developing digital media, websites and mobile apps for more than 1,700 listed businesses – including 70 percent of the companies in the FTSE 100. The firm was bought by Gresham Private Equity in December 2012 as part of a deal worth £25 mn.
James, who has served as CEO at the firm since the Gresham acquisition, says she is proud to welcome Grigson to the firm during ‘an exciting time’.
‘David’s wealth of experience working with companies in the digital and investor relations space will be invaluable as we take the next steps to fulfill our ambition to be the global leader in digital corporate communications,’ she adds. ‘Our New York office is already winning new clients and strengthening the Investis presence in the home of the world’s largest capital markets.’