12 October 2020
ISG will welcome a new Chief Financial Officer (CFO) onto its Statutory Board at the start of 2021, in a planned and phased succession from current incumbent Mark Stockton. Karen Booth is promoted from her existing role as Financial Director (FD) of ISG’s Engineering Services business and follows recent appointment Zoe Price onto one of the sectors’ most gender balanced senior leadership teams.
Karen Booth will join ISG's Statutory Board as CFO at the start of 2021
This latest internal promotion recognises ISG’s strong pipeline of talent and the company’s commitment to attract, invest in and retain the highest quality individuals from within the sector, and increasingly from outside this traditional candidate pool.
Karen has played a pivotal role in supporting ISG’s global Engineering Services business to embed resilience through growth in its opportunity pipeline from new geographies and sector diversification. As FD for ISG’s fastest growing division, Karen has been instrumental in developing robust and scalable processes and systems to support this highly dynamic and in demand business, as it continues to develop and secure new market opportunities in the UK and overseas.
Commenting on the highly significant contribution of outgoing CFO Mark Stockton, ISG’s CEO Paul Cossell, said: “In the five years that Mark has been on our Statutory Board, and 11 years with the business, he has played a central role in the transformation of ISG from a PLC to a privately-owned entity, overseeing four years of record growth and profitability. Mark leaves a significant legacy and has fully managed a rigorous succession planning process, and I’m delighted that we have promoted from within the outstanding talent pool here at ISG to fulfil this key role on our Statutory Board.
“I’m thrilled that Karen has agreed to join our global senior leadership team and bring with her the same dynamism and vision that she has so ably deployed within our burgeoning Engineering Services business. As a business that champions transformative change and innovation, greater diversification of ideas, expertise and experience on our board will further strengthen our capability and continue to set us apart from our peers.”