Jakob Stausholm to succeed Chris Lynch as Rio Tinto’s chief financial officer
Metal and mining corporation Rio Tinto has appointed Jakob Stausholm to replace Chris Lynch as the company’s new chief financial officer. Stausholm’s 20 year long career has seen him serve as a group CFO and an executive director for A.P. Moeller – Maersk A/S, as a group CFO of ISS A/S, as a non-executive director for Statoil ASA and as a non-executive director for Woodside Petroleum.
He also spent 19 years with Royal Dutch Shell in various finance positions globally and as a chief internal auditor for the company.
Rio Tinto chief executive J.S Jacques said: “I am delighted Jakob is joining Rio Tinto and I look forward to working closely with him as we continue to deliver superior returns to our shareholders. The experience he has gained in various senior financial and strategy roles globally will be invaluable, as will his deep knowledge of both the resources and logistics industries.”
BT chief steps down
British multinational telecommunications company BT Groups’ Gavin Patterson stepped down from his position as CEO. Patterson held the position for five years and has stated that he will continue as CEO until a replacement is found. Speaking about the development, BT Chairman Jan du Plessis said: “The board is fully supportive of the strategy recently set out by Gavin and his team.”
Everton reshuffles management team
Liverpool-based football club Everton Football Club has announced a leadership team reshuffle including a new finance director, Grant Ingles and a new director of operations, Peter Shaw. Ingles previously served at Everton FC from 2013 to 2017, when he left to pursue other opportunities. He returns from Liverpool FC, where he served as a head of finance. Ingles has also served consultant for Deloitte’s Sport Business Group and a finance director for Sydney FC in Australia. Shaw, on the other hand, has served for 10 years at Liverpool FC as its assistant executive director and as a COO at Tranmere Rovers FC.
Everton’s CEO, Professor Denise Barrett-Baxendale said: “As a club, it is imperative that we move forward and grow – and I firmly believe this team will give us the opportunity to do that. This is a very experienced, very committed and very able team – a group of people that will be working hard each and every day to make sure we deliver on our Club standard of ‘nothing but the best is good enough.”
Biffa finance chief to take helm as boss plans to stand down
Waste management firm Biffa has announced that its chief executive Ian Wakelin will be stepping down from his position after eight years. Wakelin will remain as the chief executive until a suitable replacement for Topham is found.
Speaking about his departure from the company, Wakelin said: “I have thoroughly enjoyed the last eight years and will leave satisfied that we have achieved a great deal, including successfully bringing the business back to the stock market.”
Scottish and Southern Energy and Innogy SE energy business appoints chief financial officer
The joint venture between Germany-based energy company Innogy SE and SSE has appointed Gordon Boyd as its new chief financial officer. Boyd brings a plethora of experience with him, having served 30 years in the energy sector and has previously held major finance leadership positions at companies such as British Energy, EDF Energy, Drax and Infinis.
In November 2017, Innogy agreed to merge its UK retail business, Npower, with SSE’s business for household energy services to form an independent retail-energy company.
About his appointment, Boyd said: “This is an exciting time to be planning the formation and listing of a major new player in the energy and services market and I’m delighted to join the new leadership team.”
Accrol Group Holdings appoints new CFO Steven Townsley
Soft tissue product manufacturer Accrol Group Holdings has appointed Steven James Townsley as its chief financial officer. Townsley will be replacing Martin Leitch, who will remain with the company to ensure that an orderly handover takes place. Prior to joining Accrol, Townsley served at Help-Link as its finance director. He brings over 18 years of experience with him, having served in the finance roles at variety of retail and distribution companies such as Safeway, Exertis and Dixons.
Accrol CEO Gareth Jenkins said: “We are very pleased that someone of Steve’s calibre has chosen to join us. The business will benefit considerably from his broad and relevant experience across a range of connected sectors and I welcome him to the team.”
Boroughmuir adds strength to its senior team
Edinburgh-based Boroughmuir Rugby and Community Sport Club has made a new addition to its senior team with the appointment of Alice Shek as its new director of finance. Shek will be replacing Bill Watson, who has confirmed that he will remain on the board as a vice chairman and ensure that Shek is fully supported in her new role. She currently serves as a transport sector accountant for Leidos, an international technology company. Speaking about her appointment, Shek said: “I am delighted to get involved in a club that I have admired for some time, especially at this stage of its evolution.”
Deltex Medical Group CEO resigns, announces successor
Medtech company Deltex Medical Group’s CEO Ewan Phillips has resigned as chief executive and director of the company, effective immediately. Deltex’ board of directors has appointed managing director Andy Mears to replace Phillips.
Phillips was responsible for leading the company through important events such as cost reductions, the launch of the TrueVue platform, the repositioning of Deltex’s core clinical and health economic propositions and more.
Mears joined Deltex back in 1989 as an engineer and has worked in various operational roles in the company since then. Deltex Chairman Nigel Keen thanked Phillips for his contribution to the company and welcomed Mears to the newly appointed role. He said: “On behalf of the Board, I want to thank Ewan Phillips for his work and dedication to Deltex over the last 17 years, the second half of these as chief executive. I am delighted that Andy Mears has accepted the role of Chief Executive and I look forward to working closely with him to drive forwards the recently launched TrueVue platform from an improved financial footing.”
The Glenmorangie Company appoints new president and CEO
Whisky producer The Glenmorangie Company has appointed Thomas Moradpour as new president and chief executive officer, effective August 2018. Moradpour will be succeeding Marc Hoellinger, who will be stepping down from the position after leading the company for the last five years. Prior to joining Glenmorangnie, Moradpour worked with a variety of consumer goods companies such as Hennessy Cognac, LVMH, Carlsberg, PepsiCo and L’Oreal. Philippe Schaus, CEO of Moët Hennessy, which owns the whisky producer, said: “I am delighted to welcome Thomas as president and CEO of The Glenmorangie Company and look forward for his success with the company.’’
New executive chief operating officer for West Suffolk NHS Foundation Trust
England – based West Suffolk NHS Foundation Trust (WSFT) has appointed Helen Beck as its new executive chief operating officer. Beck is a trained registered nurse and has previously served as WSFT’s deputy chief operating officer for three years, before she took up the role of interim chief operating officer. She has also served in numerous senior nursing and operational management roles at the Cambridge University Hospitals NHS Foundation Trust.
Speaking about her appointment as the new executive chief operating officer, Beck said: “I’m really happy to have been appointed into this important position within our fantastic trust. I hope to continue the good work we have already started and innovate and implement new ways of working as a whole to improve our patients’ experience.”
Chandler takes on CEO role at Fourfront
Commercial workplace specialists Fourfront Group has promoted Area CEO, Gary Chandler, to the position of chief executive. Chandler’s joined the company as a project director back in 2004. He eventually became the MD of Area Regions in 2007 and eventually, the CEO of Area in July 2017. Commenting on his appointment, Chandler said, “I’m extremely proud and excited about taking over the reins from Clive, who has been an amazing leader for the past 19 years. My ambition for Fourfront Group is to be recognised for achieving the best client experience in our industry, challenging the status quo, always striving to do things a little better. We will achieve this through embodying a great culture built on innovation, passion, client relationships and aligned values and strong ethics.”
CivilisedBank hires new COO
UK bank CivilisedBank has recruited Michele Turmore as its new COO who is joining from Harrods Bank as its COO. Turmore held numerous positions at a senior manager and director level at Lloyds Banking Group, and also served as as a COO in the financial services sector in the UAE.
Speaking about her appointment, Turmore said: “I am delighted to be joining CivilisedBank at such a crucial phase of its development. Its innovative concept provides a proposition for SMEs not currently being offered by the larger high street and online-only banks, and to be part of a team bringing this to fruition is really exciting.’’
Conference Care names new finance director
Venue finding and event management agency Conference Care has named Amanda Riley as its new finance director to replace Stephen Usher. Riley has over 10 years of experience and has handled a number of FD positions for various companies at a board level.
Conference Care’s company director Chris Peacock said: “We are delighted that Amanda has joined the team; her understanding of the business and how it has developed puts her in the perfect position to streamline processes and guide the finance team into the future.”
Barratt announces appointment of new regional financial director
UK-based housebuilders Barratt have recruited Donald Borland as its new regional finance director. Prior to joining Baratt, Borland served as a chief financial officer at Havelock Europa and also served as a CFO for the Miller Group and worked for 18 years at the company. Barratt Homes East Scotland MD Alison Condie congratulated Borland on the appointment and said: “I am happy to see Donald taking on a new pan-Scotland leadership position that will allow our business to react to the changing demands of the house-building industry in the coming years.”
Cinnober names Peter Lenardos CFO
Multi –asset solution provider Cinnober announced that Peter Lenardos is set to join the company as its new chief financial officer. Lenardos will be replacing Ninni Pramdell, who announced her resignation from the group to pursue other opportunities. Lenardos has held financial and management positions in both the US and Europe-based finance companies, including being the MD for the Royal Bank of Canada.
Cinnober Group’s CEO Veronica Augustsson said: “Peter has unique experience, knowledge and a broad network within the international finance industry. Peter brings a lot of value to our business, both for the investor community as well as the customer base. Coupled with his deep financial and accounting skills, this means that he is well suited to take on the role of the Group’s new CFO and we are very pleased to have him join the management team.”
Connect Group confirms resignation of CFO and CEO
UK-based logistics provider Connect Group has confirmed the resignation of both its chief executive and chief financial officer. Tony Grace, who was previously associated with companies like Virgin Media and Telewest, will replace CFO David Bauernfeind. Connect Group CEO Mark Cashmore stated that he would step down and confirmed that he would remain with the business until a suitable replacement for him was found.