CFO Moves UK – week ending 25 October 2013

CFO Moves in the UK this week include:

H&T Group plc Bglobal plc Waterlogic 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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H&T Group plc announced that, following five years with H&T, Alex Maby, Group Finance Director of H&T, is leaving the Group in order to seek a new challenge. Alex will step down from the Board in late November 2013 and leave H&T at the beginning of December 2013. Steve Fenerty, currently Commercial Director of the Group, will succeed Alex as Finance Director.  Steve has over 20 years’ experience in the consumer credit business, including eight within H&T Group.

Bglobal plc announced that, further to its previous announcement on 15 August 2013 that the Board of Bglobal plc was investigating the conduct of Nick Kennedy (Chief Financial Officer), the Board announces that the investigation has concluded and Mr Kennedy has been dismissed from office with immediate effect.

Waterlogic Plc (AIM: WTL.L) announced the appointment of Robert Bell as Group Chief Financial Officer. Mr Bell joined Waterlogic in January 2012, as Director of Accounting. He has previously acted as interim CFO for Waterlogic.Prior to joining Waterlogic Mr Bell spent eight years with Fidessa, rising to Group Financial Controller, and two years as European Finance Director of Wall Street Systems. Mr Bell has also worked with Barclays Plc and Bank of America.

CFO Moves UK – week ending 18 October 2013

CFO Moves in the UK this week include:

Digital Globe Services, Ltd. Michael Page International plc Coms plc
Optos plc Serviced Office Group plc Arian Silver Corporation

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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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Digital Globe Services, Ltd. (AIM: DGS) announced the appointment of Sandra Rodger as an Executive Director of the Board and as Chief Financial Officer of the DGS Group (“CFO”), to be effective as of 1 December 2013. Sandra joins DGS from Grant Thornton UK LLP where she served as an Assurance Partner and as Practice Leader for the firm’s Edinburgh office. Sandra joined Grant Thornton in 2012. Sandra previously served as Director and Head of Assurance Private Business for central Scotland at PricewaterhouseCoopers LLP. Andrew Lear, currently serving as interim CFO, will hand over CFO responsibilities to Sandra upon her appointment and will resume his role as Chief Strategy Officer of the Company.

Michael Page International plc (“PageGroup”) announced the appointment of Kelvin Stagg to act as Acting Chief Financial Officer following Andrew Bracey tendering his resignation on Friday 11 October. Kelvin Stagg has been with PageGroup since July 2006 and most recently held the positions of Group Finance Controller and Company Secretary.  Prior to joining PageGroup Kelvin spent six years at Allied Domecq and three years at Unilever in a variety of finance functions.

Coms plc (AIM: COMS) announced that Sue Alexander has been appointed to the Board as Finance Director. Sue Alexander joined Coms in May 2013 as finance director, having been involved in finance roles for telecoms business for some 14 years.  Sue has previously worked at O-bit Telecom Limited.

Optos plc (LSE: OPTS) announced that Rob Kennedy, currently Interim CFO has been appointed CFO with immediate effect. Rob succeeds Louisa Burdett, whose decision to step down was announced in July. Prior to assuming the Interim CFO role Rob had served as Group Director of Finance and Company Secretary since joining Optos in August 2011.  Rob joined Optos from the University of Dundee where he had been the Director of Finance since 2007. Prior to this, he held a number of senior finance roles including six years with Gamma Holding NV. He also spent three years working at PricewaterhouseCoopers as a management consultant. Before joining PwC, Rob spent six years with BICC / Balfour Beatty plc in a number of finance roles.

Serviced Office Group plc announced the resignation of Elizabeth Scannell, Chief Financial Officer of the Company.  Mrs. Scannell has decided to step down to pursue other opportunities and will leave the Company with effect from 31 October 2013.

Arian Silver Corporation has appointed Dean Friday as CFO. The appointment sees Friday replace John Mayfield who took over as CFO as recently as January this year. Friday has significant experience in senior financial positions, most recently as financial analyst and commercial manager at Weatherly International. He also has onsite and corporate experience in the mining industry and has spent many years in investment banking.

CFO Moves UK – week ending 11 October 2013

CFO Moves in the UK this week include:

Waterlogic Plc GKN plc Informa plc
Elektron Technology plc UK Asset Resolution Ltd

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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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Waterlogic Plc announced that following medical advice John Skidmore, Group CFO, is leaving the Company with immediate effect due to illness. The Board has initiated a process to recruit a suitable replacement Group CFO and shareholders will be updated in due course.

GKN plc announced that William (Bill) Seeger, Group Finance Director, intends to step down from the Board on 25 February 2014 following the announcement of the annual results for 2013 and to retire from the GKN Group on 31 August 2014. Bill Seeger joined GKN in 2003 and held senior finance positions within GKN Aerospace before being appointed Group Finance Director in September 2007. GKN also announces the appointment of Adam Walker to succeed Bill Seeger as Group Finance Director on 26 February 2014. He will join the GKN Board on 1 January 2014 as Group Finance Director Designate. Adam is currently Group Finance Director of Informa plc, a position he has held since March 2008. Adam Walker joined Informa plc in March 2008 as Group Finance Director. Prior to joining Informa, he worked for National Express Group plc, from 2001 as Head of Corporate Development and from 2003 as Finance Director. His early career was in corporate finance including with Touche Ross, NatWest Markets and Arthur Andersen.

Informa plc announced that Adam Walker is to move from his position as Group Finance Director of Informa in order to take up the post of Group Finance Director at FTSE100 engineering firm GKN plc. Adam will remain with Informa until December 31st to complete the current financial reporting period.

Elektron Technology plc (AIM: EKT) reported that Noah Franklin has notified the Board that he intends step down as CFO once arrangements are made to appoint a successor.

UK Asset Resolution Ltd (UKAR) announced that Phillip McLelland, Finance Director, will be stepping down from the Boards of UKAR, Bradford & Bingley plc and Northern Rock (Asset Management) plc with effect from 25 November 2013.  Mr McLelland has been Finance Director of UKAR since establishment in October 2010, prior to which he was Finance Director of Bradford & Bingley plc.

CFO Moves UK – week ending 4 October 2013

CFO Moves in the UK this week include:

Vodafone Group Future PLC Indus Gas Limited
Mwana Africa PLC

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Should you have any CFO Moves to report, please email us.

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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Vodafone Group announced that its Group Chief Financial Officer, Andy Halford, has informed the Board that after almost nine years in role, he intends to leave the Group at the end of March 2014 after the conclusion of Vodafone’s transaction with Verizon Communications Inc. The Board has decided to appoint Nick Read as Group Chief Financial Officer-designate, effective 1 January 2014. He will be appointed to the Vodafone Group Board on 1 April 2014. Nick Read joined Vodafone in 2001. He was the Chief Financial Officer at Vodafone’s UK operating company before being appointed UK Chief Executive in 2006. He was appointed to the role of Chief Executive for the AMAP region in 2008. Prior to joining Vodafone, Nick Read spent 10 years at Federal Express Worldwide where he was Vice President and Chief Financial Officer for Europe. He was also the former Chief Financial Officer of Miller Freeman Worldwide plc, the largest division of United News and Media Plc.

Future PLC announced that Graham Harding will step down as Chief Financial Officer and leave the company in November. Future also announces the appointment of Zillah Byng-Maddick, formerly CFO and interim CEO at Trader Media Group, as new CFO. Zillah Byng-Maddick was CFO at Trader Media Group from 2009 to 2012 and interim CEO from 2012 to 2013. She will join Future on 1 November and formally take over as CFO on 18 November. Zillah is a non-executive director at Betfair plc and Mecom Group plc.

Indus Gas Limited (AIM:INDI.L) announced the return of John Scott as Chief Financial Officer to the Board, with a starting date still to be confirmed. John Scott initially joined Indus in 2008, before leaving in February this year to take up an appointment as Chief Executive Officer at another UK listed oil and gas company. John entered the oil industry in 1980 with the British National Oil Corporation and worked in a variety of technical and commercial roles. Following an MBA at London Business School, he joined the energy group of Citibank and subsequently gained corporate finance experience at ABN Amro and Standard Bank. John returned to the industry with Halliburton in a senior financial role and has been finance director of the Toronto Stock Venture Exchange listed Exile Resources Inc.

Mwana Africa PLC announced the appointment of Mr Yim Chiu Kwan as Finance Director.  Mr. Kwan is currently Chief Financial Officer and board director of MBMI Resources Inc. Donald McAlister is leaving the Board of the Company. Mr McAlister has been Mwana’s Finance Director since October 2009.