Xaar appoints CFO

Xaar has named Lily Liu as its new chief financial officer (CFO), company secretary and director of the board.

Xaar appoints CFO

Liu has spent the past four years at Smiths Group, where she has held a number of senior financial and management roles. Most recently, from 2014 to 2016, she was CFO of the Smiths Detection division. Prior to this, she was director of financial planning and performance analysis at the group level, reporting to the group chief financial officer. From 2005 to 2012 and before joining Smiths, she was with Edwards, a manufacturer and supplier of industrial vacuum systems. From 2007 to 2012, Liu was the finance director for global operations, reporting to the group chief financial officer.

Doug Edwards, Xaar chief executive, commented: ‘Lily’s experience in fast-moving business-to-business environments, and her expertise in M&A, operations and R&D, means she brings a fantastic range of skills and experiences with her. We are confident she will make a valuable contribution as Xaar continues its progress toward the vision of generating annual revenues of 220 million GBP by 2020.’