Asda’s finance boss quits
Alex Russo Asda’s CFO has stepped down due to his appointment at homeware chain Wilko. Lisa Wilkinson, non-executive director of Wilko said: “Alex’s breadth of business and finance experience complements and strengthens our existing leadership team nicely and means we can continue into the next chapter of our transformation programme with even greater confidence.”
Rob McWilliam who has been working with the retailer since January 2018, will replace CFO Alex Russo. He was part of Asda for 15 years but stepped down in 2012, to accept a new role as VP of Finance for Amazon UK.
Stobart CFO Richard Laycock resigns
Infrastructure and support services firm Stobart Group has announced the resignation of its CFO Richard Laycock, in a series of changes made to the company’s upper management. However, the group provided no explanation or clear reasoning behind Laycock’s resignation.
Ergomed names Stuart Jackson as the group’s CFO with immediate effect
AIM listed pharmacovigilance company Ergomed confirmed the appointment of Stuart Jackson as the group’s new CFO, effective immediately. Prior to joining Ergomed, Jackson served in CFO positions in reputed companies such as Acergy SA, Bibby Offshore Holdings Limited and CEONA (a Goldman Sachs Capital Partners group of companies).
Speaking about the appointment, Ergomed CEO Stephen Stamp said: “His [Jackson] experience in non-healthcare services businesses will provide a broader perspective to our project delivery and he will play an integral role in enhancing the strong foundations of Ergomed as we seek to deliver our strategy of taking a market leading position.”
Tissue Regenix Group appoints Gareth Hywel Jones as CFO
Regenerative medical devices company Tissue Regenix Group has brought Gareth Hywel Jones on board as its new chief financial officer, effective November 2018. Jones is an experienced CFO and brings a wealth of operational, high technology manufacturing and strategic financial expertise with him, having served in similar roles in a variety of UK and US listed businesses.
Prior to joining Tissue Regenix, Jones was a part of Applied Graphene Materials. Tissue Regenix CEO Steve Couldwell stated that he was delighted to announce Jones’ appointment and said: “After an extensive recruitment process, Gareth’s proven experience of implementing operational enhancements, divisional business unit management, profit improvement initiatives and strategic commercial planning, in both UK and US quoted companies, will significantly strengthen our leadership team. I look forward to welcoming Gareth to the Group in November.”
Marshall chief financial officer to step down from group
Motor dealer group Marshall Motor Holdings’ CFO, Mark Raban has revealed that he is stepping down from his position at the company to pursue new opportunities. Marshall revealed that the company has started looking for a replacement and that Raban will remain with them, until a suitable replacement is found. Speaking about his departure from the company, Raban said: “It has been a great pleasure and privilege to be involved in the group’s recent transformational development. The group remains very well positioned for the next strategic growth phase, underpinned by a strong balance sheet. From a personal perspective, I feel the time is now right for me to explore new opportunities.”
Stellwagen Group announced appoints new group CEO
Asset management company Stellwagen Group has appointed David Butler as its new group CEO. Butler previously served as the group COO of Stellwagen, before he was promoted to the aforementioned position at the company. He brings a plethora of experience with him and prior to joining Stellwagen, he served in multiple executive roles at cell phone network provider Digicel for more than 10 years.
Speaking about his appointment, Butler said: “I am delighted to be taking on the role of CEO. This is a challenging and exciting time for the aviation sector, and I look forward to helping to continue and develop Stellwagen’s track record of success.”
Zoo Digital Group appoint Phillip Blundell as CFO
Cloud-based localisation and digital distribution services provider Zoo Digital Group has recruited the services of Phillip Blundell as its new CFO, effective 23 July 2018. He will be replacing Helen Gilder, who will remain with the company to ensure that an orderly handover takes place. Blundell brings over 20 years of experience with him and prior to joining Zoo Digital, he held multiple senior finance and operational roles at reputed UK technology public companies, including the likes of DotDigital Group plc, Eagle Eye Solutions Group plc and Intelligent Environments. He is also a qualified chartered accountant with Coopers & Lybrand.
Zoo Digital Group’s CEO, Stuart Green said: “We are delighted to have secured a CFO of Phill’s calibre. He brings a wealth of knowledge regarding the successful growth of public technology businesses and I’m sure he will be a real asset to our management team as we seek to capitalise on our significant market opportunity in media localisation.”
Intertrust appoints Hans Turkesteen as CFO
Expert administrative services provider Intertrust has announced that Hans Turkesteen will be appointed as the group’s new CFO, effective August 2018. Prior to the announcement, Turkesteen served as the interim CFO for Intertrust since November 2017. He is a registered accountant and brings a significant amount of experience with him, having served more than 25 years in the professional services industry with companies such as Andersen and Deloitte. Prior to joining Intertrust, Turkesteen served at Stork and Royal Imtech NV as its CFO and as a member of the management board, respectively. Commenting on the appointment, Intertrust CEO Stephanie Miller said: “I am delighted to confirm Hans as our CFO and I am looking forward to having him join our Management Board. I have enjoyed working with Hans during his time as interim CFO, a period within which he quickly established himself as a critical member of our Executive Committee. We are proud to have such an experienced CFO on board and this is a key addition to Intertrust’s leadership.”
New interim FD appointed at Grafenia
Brand and software licensing company Grafenia has brought Simon Barell on board to replace Alan Roberts as its interim CFO. In his new role, Barrell will be responsible for developing and mentoring Grafenia’s finance team. He is a qualified chartered accountant with Arthur Young in 1983 and a Fellow of the Institute of Chartered Accountants in England and Wales. Barrell is also an experienced finance director and has previously worked across multiple industries, in both the public and private sector companies such as Napier Brown Foods, Toluna and Windar Photonics. Speaking about his appointment, Barrell stated: “I am delighted to be joining Grafenia at this stage of its journey and assisting [CEO] Peter Gunning and the team to move the business forward.”
BCA has appointed David Banks as finance director of its international operations
UK and Europe’s largest used vehicle marketplace, British Car Auctions (BCA) has signed on David Banks as its new finance director of its international operations. Banks is a qualified accountant and prior to joining BCA, he served at Smith & Nephew where he was responsible for managing remote finance teams across Europe and Latin America. Speaking about the appointment, BCA CFO Tim Lambert said: “David joins our international operations at an exciting time in their development as the business drives growth across Europe. David brings a great deal of experience in adding value to a high growth business and supporting management teams.”
British Marine appoints Lesley Robinson as CEO
Industrial group British Marine has recruited Lesley Robinson as its newest CEO, effective 16 July 2018. Robinson is an experienced chief executive and has experience in various public, non-marine and leisure marine sectors. Robinson’s early career saw her serve in executive positions such as managing director, COO and finance director at multiple companies. She has also held non-executive director roles previously. Speaking about the appointment, British Marine’s acting president Greg Munford commented: “I am delighted that British Marine has managed to attract a proven senior executive to the post of CEO. I am looking forward to working with Lesley and the non-executive board during the next 12 months as president.”