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Interim CFO hired as Parity finance chief sets departure

AN INTERIM CFO has been recruited at IT services business Parity Group, after Alastair Woolley announced his plan to leave.

Woolley, who has served as FD since 2011, has stepped down to pursue other interests. He will remain with the company until the end of June to help with the transition to a new incumbent.

Joining Parity is Paul Bergin, who has held a number of interim roles, including a term at AIM-listed Digital Barriers, and as full-time CFO at manufacturer McBride.

In a separate statement to the London Stock Exchange, Parity executive chairman Philip Swinstead said the group was in “good shape”, while a review of its cost structure across its two division will now be undertaken “to maximise efficiency and move towards becoming a cash generative business by year end”.

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