Shaw Gibbs has appointed Campbell Smith as the new chief financial officer (CFO), taking over from John Williams.
Williams contributed to the company’s growth since the investment by Apiary Capital in November 2022.
Under Williams’ financial leadership, Shaw Gibbs registered an increase in revenue from £10m ($12.1m) to more than £55m ($66.5m) and saw the expansion of its finance team.
Smith steps into his role as CFO for Shaw Gibbs as the company gears up for the next phase of expansion.
His appointment is part of a strategic move to establish a long-term management team that can steer the company through its future growth trajectory.
Williams will continue to serve as an executive director during the transition period until the next stage of the strategic plan is rolled out.
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By GlobalDataPrior to joining Shaw Gibbs, Smith served as a chartered accountant with KPMG in Birmingham, followed by a 14-year tenure at Vodafone Group where he undertook various leadership and commercial finance roles.
Smith said: “I am delighted to join Shaw Gibbs at this important stage of its growth.
“The business is on an exciting journey, building a people-centric, high-quality accountancy and advisory practice and I am looking forward to being a key part of the management team as we continue to build on the existing platform.”
Most recently, he was a senior leader within the finance team at Kynetec, a market-leading data and analytics business in the agriculture and animal health industry.
He has experience in the private equity sector, including expertise in managing exits, collaborating with new equity owners, and executing multiple mergers and acquisitions (M&A) transactions and integrations.
Shaw Gibbs CEO Peter O’Connell said: “Campbell joining the team will help accelerate the business’s growth over the next five years. However, for the past two years since the original investment, John has been an instrumental part of the management team, assisting not only with mergers and acquisitions activity but also in managing the finance team as well as working closely with me on his long term succession plan.”
Shaw Gibbs merged with Langdowns DFK, a UK-based accounting firm, in November 2024 to broaden its market reach.
This merger is in line with Shaw Gibbs’ strategy to cement its status as a key accountancy and business advisory firm in central and southern England.
