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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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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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 19 July 2013

CFO Moves in the UK this week include:

BG Group	AstraZeneca	Sound Oil
Hearst Magazines UK	Barclays PLC	Optos plc

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

CFO Moves is published by Steven Bruton (Executive Search Consultant and Head of the CFO & Financial Executives practice at Stanton Chase International in the UK). Steven can be reached by email at s.bruton@stantonchase.com or by phone at (+44) (0) 207 004 7033.

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BG Group appointed AstraZeneca’s Simon Lowth as CFO. He will replace the company’s interim CFO Den Jones, who stepped up from his role as financial controller in February, after then CFO Fabio Barbosa fell ill and subsequently retired. Prior to joining AstraZeneca as CFO, he worked for Scottish Power from 2003 to 2007. Before that Lowth worked from 1987 to 2003 for management consultancy McKinsey.

AstraZeneca announced that Simon Lowth, Chief Financial Officer (CFO) and Executive Director, will leave the company at the end of October. Simon has been appointed CFO for the BG Group PLC and will take up his new post in November.

Sound Oil named Stuart Joyner as its CFO. Joyner joins company from Investec where he had been head of oil and gas sector since 2010. Prior to that, he held senior investment banking roles with a remit for the oil and gas sector at Credit Suisse, Morgan Stanley, Dresdner Kleinwort and NatWest Securities.

Hearst Magazines UK, Hearst Corporation’s principal business in the UK, announced the appointment of Jimmy Weir as its new CFO. He joins Hearst Magazines UK from Egmont Kids Media where he worked as CFO, Western Europe and English Language Area, for five years. Prior to this, Jimmy was Divisional Finance Director for EMAP Consumer Media for four years before his appointment as Director of Finance Operations for EMAP PLC. Following the purchase of the former EMAP B2B business by Apax he was appointed Group Finance Director of Emap’s B2B business. Prior to joining EMAP, Jimmy worked in various leading finance roles for Euromoney Institutional Investor, Carrefour Poland and Jardine Matheson, based in Japan. He replaces outgoing Finance Director, Andy Humphries, who is leaving Hearst to pursue other opportunities.

Barclays PLC and Barclays Bank PLC announced that Tushar Morzaria will be appointed as Group Finance Director to succeed Chris Lucas in this role. Chris announced in February 2013 his intention to retire. Mr Morzaria is currently Chief Financial Officer, Corporate and Investment Banking at JP Morgan Chase, where he has spent the majority of his career.

Optos plc (LSE: OPTS) announced that Louisa Burdett has decided to step down from her role as Chief Financial Officer.  Robert Kennedy, currently Group Director of Finance and Company Secretary, will become interim CFO with immediate effect. Robert Kennedy joined Optos in August 2011 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, a Dutch listed company, the last three as Group Finance Director of the Filtration Division.