Ian Wakelin, Chief Executive Officer ('CEO') of Biffa, has advised the Board that he no longer wants to hold a full time executive role and that he therefore intends to leave the Company once the Board's succession plan has been implemented. The Board announced that, consistent with that succession plan, Michael Topham, Chief Financial Officer ('CFO') will succeed Ian. Ian will remain as CEO and Michael as CFO until a successor CFO has been appointed.

Michael Topham joined Biffa in September 2010 when it acquired Greenstar UK where he was Finance Director. At Biffa, he has previously held the roles of Divisional Managing Director and Divisional Finance Director before being appointed to his current role of CFO in 2013. Michael trained and qualified as a chartered accountant with PwC in London.

The Board also announced the appointment of Carol Chesney as a Non-Executive Director with effect from 12 July 2018. Carol will also assume the role of Chair of the Audit Committee, in place of David Martin who was appointed interim Chairman earlier this year. Carol is a Fellow of the Institute of Chartered Accountants in England and Wales, and qualified with Arthur Andersen in the UK.

Since 1998, Carol has been Company Secretary of Halma plc, and prior to this role, Carol was Halma's Group Financial Controller with oversight of all day-to-day financial planning and reporting matters. Carol is a Non-Executive Director of Renishaw plc, where she has been Chair of the Audit Committee since 2012 and, since April 2018, a Non-Executive Director and Chair of the Audit Committee of Hunting plc.