Williams Grand Prix Holdings PLC Appoints Doug Lafferty as CFO

Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announces that Doug Lafferty will be joining the company in the position of Chief Financial Officer (CFO) in September 2017.

Doug joins Williams from British American Tobacco, where he has most recently been Head of Finance for the Americas region.  Doug joined BAT in 2001 and has since held positions of increasing responsibility during a very successful, international career with the Company.

Speaking about his appointment as CFO Doug Lafferty said; "I'm thrilled to be joining a company of Williams stature and genuinely believe the company has a bright future ahead, both on the track and in the continued development of the Advanced Engineering business. I very much look forward to working closely with Mike and the rest of the board to ensure the company reaches its potential".

Mike O’Driscoll, Group CEO, added; “Doug is an experienced and respected finance professional, with an impressive track record of leadership and performance.  As a Group we are focused on returning our Formula One team to the front of the grid, and continuing to build a strong Advanced Engineering business. We are investing for the future, and Doug will play a key role in guiding the Group in the years ahead.”

Nick Rose, Williams Chairman, said “I am very happy to see Doug joining our Board. He is a  world class finance professional and continues the progress we are making in hiring the very best talent into Williams.”