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UK | CFO Moves - week ending 21 August 2015
MYCELX Technologies Corporation (AIM: MYX) announced that its Chief Financial Officer, Mark Clark, intends to step down from his position and the Board in order to pursue other business opportunities. Kimberly Slayton will act as Interim Chief Financial Officer. Slayton has been with the Company for the past 3 years as its Corporate Controller.
Bellzone Mining plc (AIM: BZM) announced that Kum Hon Tung has tendered his resignation as Executive Director of the Company, Chief Financial Officer (“CFO”) and Acting Chief Executive Officer (“CEO”) to pursue other career opportunities.
Clear Leisure (AIM: CLP), announces the resignation of Nilesh Jagatia as Chief Financial Officer of the Company.
Fidessa group plc (LON: FDSA) announced the appointment of Andy Skelton as Chief Financial Officer. Previously Mr. Skelton was with Ericsson where he held a number of senior finance positions and has served as Deputy CFO at CSR plc. Skelton will replace Andy Malpass who will be retiring.
UK | CFO Moves - week ending 14 August 2015
Premier Farnell plc (LON: PFL) announced the appointment of Mark Whiteling as Interim Chief Executive Officer. Mark was previously Chief Financial Officer of the Group. Following Mark’s appointment as Interim CEO, his CFO responsibilities have been transferred to a team led by Steven Webb, General Counsel and Company Secretary.
Parity Group plc (LON: PTY) announced that Michael Aspinall will be appointed to the Board as Group Finance Director. Prior to joining Parity, Michael was Chief Finance Officer of Picsolve Limited. Michael began his career with Arthur Andersen. Paul Bergin will continue as Interim Group CFO until Michael Aspinall joins the Group.
Caledonia Mining Corporation (LON: CMCL) announced that Mark Learmonth has joined the Board as Chief Financial Officer. Mr. Learmonth joined Caledonia in July 2008. Mr. Learmonth was appointed Caledonia’s Chief Financial Officer (although not appointed to the Board) in November 2014.
Hargreaves Lansdown plc (LON: HL) announced the appointment of Chris Hill as Chief Financial Officer. Chris will join from IG Group PLC, where he is currently and has been CFO for the last 4 years. Chris has also previously gained experience at Travelex, General Electric and Arthur Andersen. Chris is expected to take up his new post in March 2016. Until that time Simon Cleveland, a Partner from Deloitte LLP, will continue to act as Interim Chief Financial Officer.
IG Group Holdings plc (LON: IGG) announced that Chris Hill, Chief Financial Officer, has informed the Board of his intention to leave IG to take up the role of Chief Financial Officer at Hargreaves Lansdown plc.
UK | CFO Moves - week ending 7 August 2015
Majestic Wine plc (LON: MJW) announced that Nigel Alldritt, Group Chief Financial Officer and Company Secretary, will step down from the Board. He will be replaced by James Crawford, currently Finance Director of Naked Wines International Ltd. James joined Naked Wines as Finance Director in March 2014 following a 13 year career with Diageo PLC.
Diamond Bank plc announced the appointment of Chiugo Ndubisi as the acting CFO, following the resignation of Abdulrahman Yinusa. He has been with bank for over 20 years and his most recent role was the Divisional Head of Financial Management.
Surgical Innovations Group plc (LON: SUN) announced the appointment of Melanie Ross as Finance Director and Company Secretary. Ross has worked for the Group as a consultant since October 2014 and she has also been appointed as General Manager of the principal trading subsidiary, Surgical Innovations Limited.
Petards Group plc (LON: PEG) announced that Andy Wonnacott has decided to step down as Group Finance Director and Company Secretary and will retire from the Board.
Clinigen Group plc (LON: CLIN) confirms that Martin Abell will join the Group as an executive director and CFO elect with immediate effect.
UK | CFO Moves - week ending 31 July 2015
Centrica PLC announced that it has appointed Jeff Bell as chief financial officer. Bell has been interim financial chief since Nick Luff left the group.
AO World PLC announced the appointment of Mark Higgins as its Chief Financial Officer and as an Executive Director of the Company. Mark joined the Company in July 2011 as Group Finance Director from Enterprise Managed Services Limited where he was Head of Finance. Prior to that he held various senior roles within the Caudwell Group.
Future PLC announced the appointment of Penny Ladkin-Brand as CFO and Company Secretary. Penny has been Interim CFO at Future plc since June, prior to which she was Commercial Director at Auto Trader Group plc.
Al Noor Hospitals Group PLC announced Joanne Curin has been appointed as interim Chief Financial Officer. This follows May’s announcement that CFO Pramod Balakrishnan would be leaving the Company. Curin served as the Chief Financial Officer of engineer Lamprell between 2013 and 2014. She has held similar positions at a range of companies, including Lend Lease Corporation and P&O (POSNCo). She is currently a Non-Executive Director of Deep Ocean Group Holdings and was a Non-Executive Director and Chair of Audit Committee at WS Atkins between 2009 and 2014.
Bentley Park Limited announced that David Blain has stepped down as CFO and that Jeremy Coombes will be the new Chief Operating Officer.
Santander UK PLC announced that Stephen Jones will be stepping down as Executive Director and Chief Financial Officer. Antonio Roman will assume the CFO role upon his departure.
UK | CFO Moves - week ending 24 July 2015
Halfords Group plc (LON: HFD) announced that Andrew Findlay would leave the Company at the beginning of October 2015 to take up the position of CFO at easyJet plc.
Tern plc (LON: TERN) announced that Sarah Payne has been appointed as Finance Director. Sarah worked with Ernst & Young for six years, spending three of those within the corporate finance division. Sarah also worked in the BBC for six years, notably in the role of Head of Business, Analysis and Planning.
UBM plc (LON: UBM) announced that Robert Gray has been appointed CEO of PR Newswire. Bob will step down as CFO and as a Director of UBM plc.
UK | CFO Moves - week ending 17 July 2015
Ensco plc (NYSE: ESV) announced that EVP & CFO Jay Swent will be retiring. Mr. Swent will continue to serve in his current role until a new CFO has been named.
Proxama plc has appointed its chief financial officer John Kennedy as interim chief executive until a new CEO is found.
Fox Marble Holdings plc (AIM: FOX) announced that Candice Sutherland has been appointed to the Board as Chief Financial Officer, replacing Fiona Hadfield who has resigned from the board. Sutherland has previously worked with PwC in South Africa. Candice was recently the Group Financial Controller for Dentsu Aegis Network UK.
Phorm (AIM: PHRM) announced Andy Croxson, Chief Financial Officer, has stepped down from his role.
PCFG (LON: PCFG) announced the appointment of David Bull as the Company’s new Finance Director. From January 2014 until July 2015, Mr Bull was Director of Finance and Company Secretary at Hampshire Trust Bank plc. Previously, he was Interim Chief Financial Accountant at the Bank of England between 2011 and 2013 and, before that, he had roles at organisations that included Deutsche Bank, Heritable Bank and KPMG.
Infinis Energy plc (LON: INFI) announced its intention to appoint Tom Hinton to the board as Chief Financial Officer following the retirement of Gordon Boyd. Tom will join from Centrica Energy, where he has been Chief Financial Officer since 2013 following 10 years in other finance roles within Centrica.
CloudTag (LON: CTAG) announced that John Wakely has been appointed to the Board of Directors as Finance Director. John served from January 2002 until his retirement in December 2013 as Executive Vice President of Stolt-Nielsen Limited. He is also Chairman and a Director of Fiducia Ltd. John was previously employed by BP International in various accounting roles.
GAME Digital plc announced the appointment of Mark Gifford as Group Chief Financial Officer and that Benedict Smith will step down from the same role.
UK | CFO Moves - week ending 10 July 2015
SABMiller plc intends to appoint Domenic De Lorenzo as an executive director and as Chief Financial Officer. Domenic, currently Director of Group Strategy and Corporate Development and a member of the Group’s executive committee, has been the acting Chief Financial Officer since 19 February 2015.
RSA Insurance Group plc announced the appointment of Scott Egan as an Executive Director and Group Chief Financial Officer of the Company. Scott joined Towergate Insurance in April 2012 as Chief Financial Officer, and since February 2015, he has held the role of Interim Chief Executive Officer. Prior to joining Towergate, Scott was Group Chief Financial Officer at Brit Insurance Holdings from January 2011. Before this, Scott spent four years at Zurich Financial Services, as Chief Financial Officer UK, and latterly as Group Financial Controller. Between 1995 and July 2007, Scott held various senior finance roles at Norwich Union Insurance, and subsequently Aviva.
Dunelm Group plc announced that Keith Down, currently Chief Financial Officer of The Go-Ahead Group plc, will succeed David Stead as CFO in December. Down qualified as a Chartered Accountant with KPMG, and held a number of senior finance roles in convenience retailing and at Tesco Plc, where he was Commercial Finance Director from 2005 to 2007. He was then appointed Chief Financial Officer of JD Wetherspoon Plc, before joining Go-Ahead in 2011. Keith is a non-executive director at Topps Tiles Plc.
Go-Ahead Group plc today announced that Keith Down, Group Finance Director, will be leaving the Group to join Dunelm plc as Chief Financial Officer.
Imagination Technologies Group plc announced that Richard Smith, the Group’s Chief Financial Officer (CFO), has resigned in order to take up a similar position at Sepura plc.
Sepura announced the appointment of Richard Smith to the Company’s Board as Group Chief Financial Officer. Richard is currently CFO at Imagination Technologies Group plc, which he joined in May 2011. He has previously held senior finance positions in a number of technology businesses including as CFO of ACIS and as CFO of RFI Global Services and Senior Finance roles at Vodafone.
PROACTIS Holdings PLC announced that, after further discussion with the Board, Tim Sykes has agreed to remain on the Board and become the Company’s full-time Chief Financial Officer (“CFO”).
Avacta Group plc (AVCT) announced that Tim Sykes has informed the Board of his intention to step down as Chief Financial Officer of the Group.
Crawshaw Group Plc announced that Lynda Sherratt will step down from the Plc Board as Finance Director.
Wincanton plc announced that Tim Lawlor will join the Company as Group Finance Director and an executive Director on the Board. Tim is currently Director of Finance and Strategy with Serco Group plc. Prior to joining Serco, Tim was Group Financial Controller at Sea Containers Limited.
Elecosoft plc is pleased to announce the appointment of Graham Spratling as Group Finance Director. Graham Spratling joined Elecosoft in 2007 as Group Financial Controller, prior to which he had been a member of finance teams at Barclays Bank and Nestle UK. He then became a key member of Elecosoft’s finance team.
MediaZest announced the Board has appointed Andrew Last as an Executive Director of MediaZest and as its Finance Director with immediate effect. Mr. Last joined MediaZest in October 2014. Prior to MediaZest, Andy worked in practice for a firm of Chartered Accountants.
French Connection Group PLC announced that Adam Castleton, Group Finance Director, has decided to step down from the Board of French Connection to take up the position of Group Chief Financial Officer at LSL Property Services plc.
LSL Property Services plc announced that Adam Castleton will be appointed to its Board as Group Chief Financial Officer. Adam will join LSL from French Connection Group PLC where he is currently the Group Finance Director. He previously held leadership roles at a number of market leading companies including O2 UK, eBay, and The Walt Disney Company. Adam started his career with Price Waterhouse.
Alliance Pharma plc (APH) announced the appointment of Andrew Franklin as Finance Director. From 2010 to 2012, Andrew was finance director and company secretary of Genzyme Therapeutics Ltd. Prior to that, he gained 12 years’ pharmaceutical experience with Wyeth in a variety of senior financial positions. Andrew joins Alliance from Panasonic Europe Ltd, where he was general manager, European tax and accounting.
UK | CFO Moves - week ending 3 July 2015
Diageo PLC announced that Deirdre Mahlan, currently Chief Financial Officer, is to be appointed President Diageo North America. Deirdre’s replacement will be announced in due course and until that time she will continue in her current role as CFO of Diageo.
Halfords Group plc announced the appointment of Jonny Mason as Chief Financial Officer (CFO) with effect from 12 October 2015. Jonny will become a Director of the Company and member of the Board upon his joining. Jonny is currently CFO of Scandi Standard AB. Prior to that Jonny was CFO at Odeon and UCI Cinemas for 8 years and Finance Director of Sainsbury’s Supermarkets where he worked for 5 years. His early career was at Shell and Hanson plc.
Renewable Energy Holdings plc announced that Alex Bush has stepped down as Finance Director but remains on the board as a Non-Executive director.
MYCELX Technologies Corporation (AIM: MYX) announced that its Chief Financial Officer, Mark Clark, intends to step down from his position and the Board in order to pursue other business opportunities. Kimberly Slayton will act as Interim Chief Financial Officer. Slayton has been with the Company for the past 3 years as its Corporate Controller.
Bellzone Mining plc (AIM: BZM) announced that Kum Hon Tung has tendered his resignation as Executive Director of the Company, Chief Financial Officer (“CFO”) and Acting Chief Executive Officer (“CEO”) to pursue other career opportunities.
Clear Leisure (AIM: CLP), announces the resignation of Nilesh Jagatia as Chief Financial Officer of the Company.
Fidessa group plc (LON: FDSA) announced the appointment of Andy Skelton as Chief Financial Officer. Previously Mr. Skelton was with Ericsson where he held a number of senior finance positions and has served as Deputy CFO at CSR plc. Skelton will replace Andy Malpass who will be retiring.
UK | CFO Moves - week ending 14 August 2015
Premier Farnell plc (LON: PFL) announced the appointment of Mark Whiteling as Interim Chief Executive Officer. Mark was previously Chief Financial Officer of the Group. Following Mark’s appointment as Interim CEO, his CFO responsibilities have been transferred to a team led by Steven Webb, General Counsel and Company Secretary.
Parity Group plc (LON: PTY) announced that Michael Aspinall will be appointed to the Board as Group Finance Director. Prior to joining Parity, Michael was Chief Finance Officer of Picsolve Limited. Michael began his career with Arthur Andersen. Paul Bergin will continue as Interim Group CFO until Michael Aspinall joins the Group.
Caledonia Mining Corporation (LON: CMCL) announced that Mark Learmonth has joined the Board as Chief Financial Officer. Mr. Learmonth joined Caledonia in July 2008. Mr. Learmonth was appointed Caledonia’s Chief Financial Officer (although not appointed to the Board) in November 2014.
Hargreaves Lansdown plc (LON: HL) announced the appointment of Chris Hill as Chief Financial Officer. Chris will join from IG Group PLC, where he is currently and has been CFO for the last 4 years. Chris has also previously gained experience at Travelex, General Electric and Arthur Andersen. Chris is expected to take up his new post in March 2016. Until that time Simon Cleveland, a Partner from Deloitte LLP, will continue to act as Interim Chief Financial Officer.
IG Group Holdings plc (LON: IGG) announced that Chris Hill, Chief Financial Officer, has informed the Board of his intention to leave IG to take up the role of Chief Financial Officer at Hargreaves Lansdown plc.
UK | CFO Moves - week ending 7 August 2015
Majestic Wine plc (LON: MJW) announced that Nigel Alldritt, Group Chief Financial Officer and Company Secretary, will step down from the Board. He will be replaced by James Crawford, currently Finance Director of Naked Wines International Ltd. James joined Naked Wines as Finance Director in March 2014 following a 13 year career with Diageo PLC.
Diamond Bank plc announced the appointment of Chiugo Ndubisi as the acting CFO, following the resignation of Abdulrahman Yinusa. He has been with bank for over 20 years and his most recent role was the Divisional Head of Financial Management.
Surgical Innovations Group plc (LON: SUN) announced the appointment of Melanie Ross as Finance Director and Company Secretary. Ross has worked for the Group as a consultant since October 2014 and she has also been appointed as General Manager of the principal trading subsidiary, Surgical Innovations Limited.
Petards Group plc (LON: PEG) announced that Andy Wonnacott has decided to step down as Group Finance Director and Company Secretary and will retire from the Board.
Clinigen Group plc (LON: CLIN) confirms that Martin Abell will join the Group as an executive director and CFO elect with immediate effect.
UK | CFO Moves - week ending 31 July 2015
Centrica PLC announced that it has appointed Jeff Bell as chief financial officer. Bell has been interim financial chief since Nick Luff left the group.
AO World PLC announced the appointment of Mark Higgins as its Chief Financial Officer and as an Executive Director of the Company. Mark joined the Company in July 2011 as Group Finance Director from Enterprise Managed Services Limited where he was Head of Finance. Prior to that he held various senior roles within the Caudwell Group.
Future PLC announced the appointment of Penny Ladkin-Brand as CFO and Company Secretary. Penny has been Interim CFO at Future plc since June, prior to which she was Commercial Director at Auto Trader Group plc.
Al Noor Hospitals Group PLC announced Joanne Curin has been appointed as interim Chief Financial Officer. This follows May’s announcement that CFO Pramod Balakrishnan would be leaving the Company. Curin served as the Chief Financial Officer of engineer Lamprell between 2013 and 2014. She has held similar positions at a range of companies, including Lend Lease Corporation and P&O (POSNCo). She is currently a Non-Executive Director of Deep Ocean Group Holdings and was a Non-Executive Director and Chair of Audit Committee at WS Atkins between 2009 and 2014.
Bentley Park Limited announced that David Blain has stepped down as CFO and that Jeremy Coombes will be the new Chief Operating Officer.
Santander UK PLC announced that Stephen Jones will be stepping down as Executive Director and Chief Financial Officer. Antonio Roman will assume the CFO role upon his departure.
UK | CFO Moves - week ending 24 July 2015
Halfords Group plc (LON: HFD) announced that Andrew Findlay would leave the Company at the beginning of October 2015 to take up the position of CFO at easyJet plc.
Tern plc (LON: TERN) announced that Sarah Payne has been appointed as Finance Director. Sarah worked with Ernst & Young for six years, spending three of those within the corporate finance division. Sarah also worked in the BBC for six years, notably in the role of Head of Business, Analysis and Planning.
UBM plc (LON: UBM) announced that Robert Gray has been appointed CEO of PR Newswire. Bob will step down as CFO and as a Director of UBM plc.
UK | CFO Moves - week ending 17 July 2015
Ensco plc (NYSE: ESV) announced that EVP & CFO Jay Swent will be retiring. Mr. Swent will continue to serve in his current role until a new CFO has been named.
Proxama plc has appointed its chief financial officer John Kennedy as interim chief executive until a new CEO is found.
Fox Marble Holdings plc (AIM: FOX) announced that Candice Sutherland has been appointed to the Board as Chief Financial Officer, replacing Fiona Hadfield who has resigned from the board. Sutherland has previously worked with PwC in South Africa. Candice was recently the Group Financial Controller for Dentsu Aegis Network UK.
Phorm (AIM: PHRM) announced Andy Croxson, Chief Financial Officer, has stepped down from his role.
PCFG (LON: PCFG) announced the appointment of David Bull as the Company’s new Finance Director. From January 2014 until July 2015, Mr Bull was Director of Finance and Company Secretary at Hampshire Trust Bank plc. Previously, he was Interim Chief Financial Accountant at the Bank of England between 2011 and 2013 and, before that, he had roles at organisations that included Deutsche Bank, Heritable Bank and KPMG.
Infinis Energy plc (LON: INFI) announced its intention to appoint Tom Hinton to the board as Chief Financial Officer following the retirement of Gordon Boyd. Tom will join from Centrica Energy, where he has been Chief Financial Officer since 2013 following 10 years in other finance roles within Centrica.
CloudTag (LON: CTAG) announced that John Wakely has been appointed to the Board of Directors as Finance Director. John served from January 2002 until his retirement in December 2013 as Executive Vice President of Stolt-Nielsen Limited. He is also Chairman and a Director of Fiducia Ltd. John was previously employed by BP International in various accounting roles.
GAME Digital plc announced the appointment of Mark Gifford as Group Chief Financial Officer and that Benedict Smith will step down from the same role.
UK | CFO Moves - week ending 10 July 2015
SABMiller plc intends to appoint Domenic De Lorenzo as an executive director and as Chief Financial Officer. Domenic, currently Director of Group Strategy and Corporate Development and a member of the Group’s executive committee, has been the acting Chief Financial Officer since 19 February 2015.
RSA Insurance Group plc announced the appointment of Scott Egan as an Executive Director and Group Chief Financial Officer of the Company. Scott joined Towergate Insurance in April 2012 as Chief Financial Officer, and since February 2015, he has held the role of Interim Chief Executive Officer. Prior to joining Towergate, Scott was Group Chief Financial Officer at Brit Insurance Holdings from January 2011. Before this, Scott spent four years at Zurich Financial Services, as Chief Financial Officer UK, and latterly as Group Financial Controller. Between 1995 and July 2007, Scott held various senior finance roles at Norwich Union Insurance, and subsequently Aviva.
Dunelm Group plc announced that Keith Down, currently Chief Financial Officer of The Go-Ahead Group plc, will succeed David Stead as CFO in December. Down qualified as a Chartered Accountant with KPMG, and held a number of senior finance roles in convenience retailing and at Tesco Plc, where he was Commercial Finance Director from 2005 to 2007. He was then appointed Chief Financial Officer of JD Wetherspoon Plc, before joining Go-Ahead in 2011. Keith is a non-executive director at Topps Tiles Plc.
Go-Ahead Group plc today announced that Keith Down, Group Finance Director, will be leaving the Group to join Dunelm plc as Chief Financial Officer.
Imagination Technologies Group plc announced that Richard Smith, the Group’s Chief Financial Officer (CFO), has resigned in order to take up a similar position at Sepura plc.
Sepura announced the appointment of Richard Smith to the Company’s Board as Group Chief Financial Officer. Richard is currently CFO at Imagination Technologies Group plc, which he joined in May 2011. He has previously held senior finance positions in a number of technology businesses including as CFO of ACIS and as CFO of RFI Global Services and Senior Finance roles at Vodafone.
PROACTIS Holdings PLC announced that, after further discussion with the Board, Tim Sykes has agreed to remain on the Board and become the Company’s full-time Chief Financial Officer (“CFO”).
Avacta Group plc (AVCT) announced that Tim Sykes has informed the Board of his intention to step down as Chief Financial Officer of the Group.
Crawshaw Group Plc announced that Lynda Sherratt will step down from the Plc Board as Finance Director.
Wincanton plc announced that Tim Lawlor will join the Company as Group Finance Director and an executive Director on the Board. Tim is currently Director of Finance and Strategy with Serco Group plc. Prior to joining Serco, Tim was Group Financial Controller at Sea Containers Limited.
Elecosoft plc is pleased to announce the appointment of Graham Spratling as Group Finance Director. Graham Spratling joined Elecosoft in 2007 as Group Financial Controller, prior to which he had been a member of finance teams at Barclays Bank and Nestle UK. He then became a key member of Elecosoft’s finance team.
MediaZest announced the Board has appointed Andrew Last as an Executive Director of MediaZest and as its Finance Director with immediate effect. Mr. Last joined MediaZest in October 2014. Prior to MediaZest, Andy worked in practice for a firm of Chartered Accountants.
French Connection Group PLC announced that Adam Castleton, Group Finance Director, has decided to step down from the Board of French Connection to take up the position of Group Chief Financial Officer at LSL Property Services plc.
LSL Property Services plc announced that Adam Castleton will be appointed to its Board as Group Chief Financial Officer. Adam will join LSL from French Connection Group PLC where he is currently the Group Finance Director. He previously held leadership roles at a number of market leading companies including O2 UK, eBay, and The Walt Disney Company. Adam started his career with Price Waterhouse.
Alliance Pharma plc (APH) announced the appointment of Andrew Franklin as Finance Director. From 2010 to 2012, Andrew was finance director and company secretary of Genzyme Therapeutics Ltd. Prior to that, he gained 12 years’ pharmaceutical experience with Wyeth in a variety of senior financial positions. Andrew joins Alliance from Panasonic Europe Ltd, where he was general manager, European tax and accounting.
UK | CFO Moves - week ending 3 July 2015
Diageo PLC announced that Deirdre Mahlan, currently Chief Financial Officer, is to be appointed President Diageo North America. Deirdre’s replacement will be announced in due course and until that time she will continue in her current role as CFO of Diageo.
Halfords Group plc announced the appointment of Jonny Mason as Chief Financial Officer (CFO) with effect from 12 October 2015. Jonny will become a Director of the Company and member of the Board upon his joining. Jonny is currently CFO of Scandi Standard AB. Prior to that Jonny was CFO at Odeon and UCI Cinemas for 8 years and Finance Director of Sainsbury’s Supermarkets where he worked for 5 years. His early career was at Shell and Hanson plc.
Renewable Energy Holdings plc announced that Alex Bush has stepped down as Finance Director but remains on the board as a Non-Executive director.
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