19 August 2013
by Dergel CFO Admin
CFO Moves in the UK this week include:
| Firestone Diamonds |
Lot78 |
Enables IT Group plc |
| African Minerals Limited |
Idox plc |
Cambridge Cognition Holdings plc |
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CFO Moves is published by George Cross (International Chairman and Managing Director, UK at Stanton Chase International). George can be reached by email at g.cross@stantonchase.com or by phone at (+44) (0) 207 004 7032.
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Firestone Diamonds announced the appointment of Stuart Brown as an Executive Director of the Company with effect from 2 September 2013. Tim Wilkes, the Company’s current Chief Executive Officer (“CEO”), will stand down from his role on 30 November 2013 and Stuart Brown will assume the role of CEO from 1 December 2013. Tim Wilkes will remain with the Company as an Executive Director. Stuart Michael Brown spent 20 years at the De Beers Group, the world’s leading diamond company. His early career included positions in the finance divisions at Teemane Diamond Manufacturing in Botswana and at the Premier Mine in South Africa. In 1999, Stuart was appointed as Finance Manager for De Beers Global Exploration and in 2001 he was appointed General Manager for De Beers Geological Services in South Africa. This move led to Stuart’s Head of Finance role for all De Beers companies in South Africa and then to the post of CFO of De Beers Consolidated Mines. In 2006, Stuart was appointed De Beers Group CFO. In August 2010, subsequent to the De Beers Group CEO leaving, Stuart was appointed Acting Joint CEO to run the entire De Beers Group in tandem with his CFO duties.
Lot78 announced that Ali Gulamhussein has joined the company as CFO of Lot78.
Enables IT Group announced that Peter Weller, the Company’s Chief Financial Officer, will be leaving the company. The Company’s financial controller will assume day-to-day responsibility for the finance function and a further announcement will be made as to the CFO role in due course.
African Minerals Limited announced the appointment of Matthew Hird, replacing Miguel Perry as CFO, effective from October 1st. Matthew was previously CFO of Kazakhmys PLC. Matthew joined Kazakhmys in 2005. Prior to joining Kazakhmys, Matthew worked for Vedanta Resources plc between 2003 and 2005 as Company Secretary and Group Reporting Manager, and previously he worked for 9 years within Deloitte’s global mining team.
Idox plc (AIM: IDOX) announced that its Chief Financial Officer (“CFO”), William Edmondson, has resigned from the Group to take up an appointment outside the quoted sector. Mr Edmondson will remain with the Group until October 2013, the end of the current financial year, to assist with the orderly transition of the role. Until a new, permanent CFO is engaged, Richard Kellett-Clarke, the Group’s CEO, will resume responsibility for the finance function in the short-term assisted by Group Financial Controller, Jane Mackie.
Cambridge Cognition Holdings plc (AIM: COG) announced the appointment of Nick Walters as Chief Financial Officer, succeeding David Blair who has resigned from the Company. Nick Walters, a chartered accountant, joins the Company as Chief Financial Officer with over thirty years’ experience in finance roles and board-level appointments.
CFO Moves UK 