Melrose plans CFO transition as aerospace-focused growth strategy continues

Ross McCluskey

(IN BRIEF) Melrose Industries has announced that current CFO Matthew Gregory will retire in 2026, following a period in which he oversaw the transformation of GKN Aerospace into an independent listed aerospace technology company. He will remain in role through February 2026 to support a managed transition after the full-year results. His successor, Ross McCluskey, will join Melrose in May 2026, bringing financial, commercial and operational expertise from Intertek, where he is currently EVP EMEA & Government and Trade Services and previously Group CFO. McCluskey’s background also includes senior finance positions at Inchcape and roles in investment banking. CEO Peter Dilnot thanked Gregory for his leadership and stated that McCluskey’s experience will help drive growth and long-term strategic execution.

(PRESS RELEASE) BIRMINGHAM, 1-Dec-2025 — /EuropaWire/ — Melrose Industries PLC has announced that Chief Financial Officer (CFO) Matthew Gregory will retire from his position in 2026, with senior finance leader Ross McCluskey confirmed as his successor. Gregory, who has served as CFO of both GKN Aerospace and Melrose since 2022, played a key role in guiding the aerospace division through its transition into a standalone, publicly listed aerospace technology group. He will remain in post until after Melrose’s full-year results announcement scheduled for 27 February 2026, and will continue working with the business to ensure a structured and seamless leadership transition.

McCluskey, who joins Melrose in May 2026, brings broad executive expertise built across global listed companies. He currently serves as Executive Vice President for EMEA and Government & Trade Services at Intertek Group plc, a FTSE 100 business, and previously held the position of Group CFO within the same organisation. Earlier in his career, McCluskey held multiple senior finance leadership roles at Inchcape plc, including Finance Director in the UK and Australasia. His background is further strengthened by experience in investment banking with JP Morgan and Greenhill & Co.

Commenting on the leadership transition, Melrose CEO Peter Dilnot expressed appreciation for Gregory’s contribution and welcomed the incoming appointment. He noted that Gregory had provided “excellent” financial stewardship during a phase of strategic transformation, and highlighted McCluskey’s financial depth and operational insight as key assets for the Group’s next stage of development. Dilnot added that McCluskey’s leadership will support Melrose in pursuing its long-term growth ambitions and realising future value for shareholders.

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SOURCE: GKN Aerospace