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UK | CFO Moves - week ending 12 December 2014


Tracking CFO Movement Across the United Kingdom.



Mothercare plc announced the appointment of Richard Smothers as its Chief Financial Officer and Executive Director. Richard will join Mothercare on 23 March 2015. Richard is currently Director of Group Finance at Rexam plc, a position that he has held since 2011. Prior to this role, he spent 14 years at Tesco plc in a number of senior finance roles, including Finance Director (Asia), CFO Tesco Lotus (in Thailand) and Finance Director for UK Operations, having previously held various positions at Cargill. Matt Smith, current Chief Financial Officer, Mothercare plc, will be leaving the Company on 20 January 2015.

Optimal Payments Plc (AIM: OPAY) announced that Keith Butcher, Chief Financial Officer (CFO), will be leaving the Company to take on a new role. The Company is pleased to announce that Brian McArthur-Muscroft, will succeed Keith as CFO and Director of the Company, with effect from 1 January 2015. Keith will step down from the Board on 1 January 2015 and has agreed to remain with the Company until 31 March 2015 to oversee an orderly transition. Brian was previously Group Finance Director at Telecity Group Plc. He currently serves as a Non-executive Director on the Board of Robert Walters Plc (appointed in May 2013). In former roles, Brian was CFO at Viatel, Eckoh Technologies Plc and Cable & Wireless HKT Multimedia. Brian is also a restructuring specialist and was the Interim CFO on the successful turnaround of MCI Worldcom EMEA.

London & Associated Properties Plc announced that Anil Thapar has been appointed Finance Director from 1st January 2015, and will join the Board. This appointment follows our earlier announcement that Robert Corry will retire at the end of this year. Anil has worked at LAP as Group Financial Controller since November 2005 and managed LAP’s finance department since July 2007. Prior to LAP, Anil held senior finance positions at Tops Estates from 1998 until that company was sold in 2005, and has held other senior jobs both in industry and in the accounting profession.

Environmental Recycling Technologies plc (AIM: ENRT) announced that it has appointed John Mayfield as an Executive Director. Mayfield is joining ERT from Avincis Group where he led a Finance & Operations re-structuring project for London & the Americas. Prior to this he was CFO at Arian Silver Corporation and Group CFO at W3 Ltd. The appointment of John Mayfield is as a precursor to taking over the role of Finance Director from David Shepley-Cuthbert in the New Year.

Inspired Energy plc (AIM: INSE) announced that Paul Connor has been appointed to the Board as Finance Director. Paul joined the Company as Head of Finance in September 2013. David Foreman, previously in the role, will remain on the Board, taking the position of Corporate Development Director. Paul held senior finance positions within two growing national legal services providers, Weightmans LLP and Forster Dean Limited.

LightwaveRF plc announced the appointment of Tom Sykes as Finance Director. Tom has served on the Company’s operational Board since March 2014.

Volex plc announced that its Chief Financial Officer, Nick Parker, has informed the Board that after almost eighteen months in the role, he wishes to step down from the Board of Directors. Nick has agreed to remain available until the end of the year to ensure a smooth transition of his duties. Daren Morris, who has been a non-executive Director of Volex since January 2014, has agreed to step into the role of interim Chief Financial Officer. For the duration of this interim period Daren Morris will have Board responsibility for the finance function and will step down from the various Board Committees on which he currently sits.

Morgan Advanced Materials plc announced that Kevin Dangerfield, currently Chief Financial Officer, taking responsibility as Interim CEO from 1st January 2015, until a new CEO is in place.

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Mercredi 17 Décembre 2014
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