The Financial Times has appointed Tas Viglatzis as Chief Financial Officer (CFO) and Board member, effective from the beginning of February.

As CFO, Tas will be responsible for ensuring the FT is on course to meet its financial targets, help shape company strategy, and identify and execute new acquisitions. He will contribute to the transformation of the FT as it continues to build new revenue streams and increase the efficiency of its operations.

FT CEO John Ridding said: “Tas has been with the FT for six years, previously as director of strategy and in other finance roles. This, combined with his earlier experience as part of Pearson’s finance division, equips him and us very strongly to drive the FT’s finance operations and help deliver our strategic priorities.”

The FT has also appointed Gio Stoppiello, previously the FT’s UK finance director, as Chief Operating Officer (COO). In his new role Gio will plan, assess and deliver the reorganisation of FT operations in line with rapid market changes and audience demands.

Tas and Gio take over from Scott Henderson who leaves to pursue new opportunities in North America after six successful years as FT CFO, three with the additional responsibility of COO. Scott has ably guided the FT in developing new revenue, executing acquisitions and building key new divisions, ensuring the FT hit or exceeded targets every year.