Circular economy specialist Reconomy has appointed Philip Vincent as its new chief financial officer (CFO), effective immediately.
Vincent brings more than 20 years of finance experience to the role, having served in senior positions in multinational public and private companies across various industries.
His expertise in public markets and mergers and acquisitions is expected to drive Reconomy’s growth.
Vincent is joining Reconomy from commercial vehicle rental provider ZIGUP, formerly Redde Northgate, where he served as CFO.
Previously, he was finance director for SABMiller’s Asia-Pacific operations and spent nearly 12 years at BBC Worldwide, where he rose to CFO.
Vincent is also a chartered accountant, having trained with KPMG.
Reconomy CEO Guy Wakeley said: “I am delighted to welcome Philip to Reconomy at this exciting time for our business.
“He brings a wealth of relevant experience and will prove invaluable as we remain focused on executing on our strategic priorities to attain a leading position in the attractive international circularity market and scale our platform across North America. The leadership team is looking forward to working with him.”
Vincent succeeds John Sullivan, who served as Reconomy’s CFO for nine years.
As part of the transition, Sullivan will continue to support the company in an advisory capacity.
Vincent added: “I am excited to be joining the team at Reconomy. I have been impressed by the company’s exceptional pace of organic and inorganic growth, its global reach, best-in-class experts, superior technology capabilities and the breadth of its customer base.
“I look forward to working with Guy and the rest of the leadership team as we focus on delivering long-term sustainable earnings growth and superior returns on invested capital.”
In February, UK’s Reconomy enhanced its technology capabilities by appointing Jenny Dodsworth as group programme and delivery director.
Reconomy has also committed to a capital investment exceeding £10m ($12.93m) in 2025 to accelerate product development and strengthen its competitive advantage.
