EMI Group has appointed Martin Stewart as its new chief financial officer. The former CFO of BSkyB and finance director of PolyGram Filmed Entertainment succeeds Roger Faxon, who joins EMI Music Publishing in New York to take up a newly appointed role of president and chief operating officer.
Eric Tracey is to become finance director of gaming group Wembley. Tracey has been an audit partner at Deloitte for the past 24 years, and in 2002 was seconded to troubled support services company Amey as acting finance director for nine months. During this period, Amey was sold and Tracey was short-listed for the Accountancy Age FD of the Year award.
Former Six Continents finance director Richard North will step down "by mutual consent" as chief executive of InterContinental Hotels at the end of September 2004. During North's tenure, the group had seen its share price increase by 67%, but a company statement says that a new focus on brand development rather than financial management is the reason for his departure.
On the same day that Abbey National announced it was in merger talks with Banco Santander, British Land revealed that it was poaching Abbey's COO and former FD Stephen Hester as chief executive.
Peter Voser has been appointed group managing director and director of finance of the Royal Dutch/Shell Group. Voser, currently chief financial officer at Swiss technology group ABB, will join Shell on 4 October 2004.
First Choice has appointed Paul Bowtell as group finance director, with effect from early September. He takes over from Andrew Martin, who left the role in March. Bowtell has spent the last two years as FD of Centrica subsidiary British Gas. Before his tenure at BG he held senior financial positions at WH Smith and Forte.
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