PCH appoints chief financial officer

PCH INTERNATIONAL has appointed Imelda Hurley, former group finance director with listed food group Greencore, as its chief financial officer.

Ms Hurley, who is also a director at Bord Gáis, is mainly based in Hong Kong in her new role. PCH chief executive and founder Liam Casey said he was “delighted” to have appointed an executive of Ms Hurley’s calibre.

Although with headquarters in Cork, the bulk of PCH’s activities are based in the southern China city of Shenzhen. It designs, builds and ships consumer electronics devices and accessories on behalf of some of the world’s largest brands.

Ms Hurley worked in a range of finance roles with Greencore for the last 10 years before her departure earlier this month.

PCH is widely expected to be preparing for a floatation on the Hong Kong stock exchange. Earlier this week the Wall Street Journal reported that PCH would raise $200-250 million (€146-€182 million) in a fourth quarter initial public offering in Hong Kong.

The company has maintained its position that a Hong Kong IPO is just one of its funding options under consideration to support its rapid growth. Accounts for PCH’s holding company, Amekab, show revenues grew 170 per cent in 2010 from $153 million to $413 million. Pretax profit came in at just under $16 million, up from $1.5 million in 2009.

Ms Hurley is the latest senior management appointment at PCH. Liam Kelly, former HR director with both Pfizer and Intel Ireland, has taken on the role of global vice president of human resources and is based between China and Hong Kong.

Earlier this year, PCH hired Lynne Mulholland to head up corporate communications. She has worked in Hong Kong for over a decade including a stint with OOCL, one of Asia’s largest shipping companies.