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New CFO for SMS

Former BPI director makes smart move

David HarrisSmart Metering Systems has appointed former British Polythene Industries group finance director David Harris as chief financial officer.

Mr Harris, 45, is a qualified accountant and during his tenure at BPI he was involved in a number of major debt financings, and oversaw an active acquisition and disposal programme.

Mr Harris is member and past-chairman of the Scottish Finance Directors Group, a member of the committee of ACCA Scotland and a member of the Policy Steering Group of the Major Energy Users Council. 

Mr Harris succeeds Glen Murray, who has served as chief financial officer of SMS since 2011 and who has been an integral member of the SMS management team through its successful AIM IPO and the subsequent period of significant growth.

Mr Murray is planning to take up new business opportunities and the planned succession for the CFO role will see Mr Murray step down from his formal role with the board with immediate effect but he will assist with the transition process for a period of time.

Willie MacDiarmid, chairman of SMS, said: “The Board is delighted to welcome David to SMS, he was identified as the stand out candidate to succeed Glen and will help drive the business on its continued growth.

“I also want to take this opportunity to thank Glen on behalf of the entire Board for his significant contribution to SMS over the last 6 years which has seen the business experience exceptional growth both organically and through acquisition.

“Glen’s knowledge and experience will be retained for a period of time to ensure an orderly transition.”

Annual results here 

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