THE CFO and CEO of recently-listed AA are to leave the association.
CFO Andy Boland and CEO Chris Jansen leave the AA following its London Stock Exchange admission in June. Jansen has departed immediately, with Bob Mackenzie leading the business as executive chairman. The timing of Boland’s departure has not yet been revealed.
Jansen said that his role had changed “substantially” following the ownership change and fund-raising.
“Bob and his executive colleagues did a great job raising the finance to acquire the business and as a result my role has now changed substantially,” said Jansen. “I have therefore agreed with Bob to find a new executive opportunity outside the AA.
“The AA is a fantastic brand and I have relished my time at the company.”
Boland is an experienced finance chief, having joined the AA in 2008 after three years at Taylor Nelson Sofres. Prior to this he served with Cordiant up to its high-profile and drama-ridden sale to WPP.