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Finance

Posted By Global Banking and Finance Review

Posted on January 25, 2025

UK's Serco CEO Mark Irwin set to retire after two years in the role, Sky News reporter says

(Reuters) -British outsourcer Serco will unveil a succession plan on Monday that will see CEO Mark Irwin retiring after two years in the job, Sky News reporter Mark Kleinman said in an X post on Sunday.

Irwin's replacement will be selected from the company's existing management, the post added.

Serco declined to comment on the post.

Irwin took the helm in December 2022 and succeeded Rupert Soames, the grandson of former British Prime Minister Winston Churchill.

The British outsourcing company said in November it was unsuccessful in its bid to renew an immigration services contract with the Australian government.

Serco’s operations in the UK span defence, space, healthcare, justice and migration, transport and citizen services, according to its website.

(Reporting by Angela Christy in Bengaluru; Editing by Lisa Shumaker and Diane Craft)

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