CFO Moves UK – week ending 20 September 2013
Reed Elsevier announced that due to family circumstances Duncan Palmer, Chief Financial Officer, has provided notice of his resignation from the boards of Reed Elsevier effective as of 25 September 2014, or such earlier date as Reed Elsevier may designate.
Inmarsat plc (LSE: ISAT.L) announced that Rick Medlock, Chief Financial Officer, has decided to leave the company in the coming months to take up a position with a private equity-owned business. Mr. Medlock has agreed to stay with Inmarsat until early 2014, to enable time for a suitable candidate to be found and to support an orderly transition.
Misys has appointed Rick Medlock as CFO. Medlock will join Misys from Inmarsat where he has been CFO since 2004. Medlock’s appointment follows the departure of former CFO Himanshu Raja, who joined Misys as recently as February, but left when security firm G4S offered him its finance chief’s post. Raja is due to start as G4S’ CFO on 7 October.
Zytronic has announced that its group finance director and company secretary Denis Mullan has stepped down. Mullan, who had held the finance director’s role since September 2003, would be replaced by group financial controller Claire Smith on an interim basis. Interim finance chief Smith has been group Financial Controller since 2007 and finance director of subsidiary Zytronic Displays Ltd since January 2012.
Gable Holdings has appointed Michael Hirschfield as group finance director. Hirschfield is currently a director at Kitwell Consultants, a firm which has been the company secretary to Gable Holdings since the insurer’s incorporation in 2005.
Premier Foods Plc (LSE: PFD) has appointed Alastair Murray as its Executive Director and Chief Financial Officer, effective September 30, 2013 replacing Mark Moran who would leave the company. Most recently, Murray served as the Group Finance Director of Dairy Crest Group plc.
SDL plc announced that Matthew Knight will be stepping down from his position as Chief Financial Officer and Board Member.
Bioquell PLC (LSE: BQE) announced that Mark Bodeker, the Group’s Finance Director and Chief Operating Officer, has decided that he will resign from Bioquell to pursue other interests. He will leave the Group in March 2014 at the end of his six months’ notice period.
Artilium plc (LSE: ARTA) announced that Ricardo Ritfeld will re-enforce the Artilium management team as financial director. Ricardo Ritfeld previously was financial director Benelux for Carl Zeiss and prior to that held several senior financial management positions at DE.
CFO Moves UK – week ending 27 September 2013
iPipeline announced Ian Teague, COO/CFO, has been appointed to the position of UK Managing Director.
Enables IT, formerly Nexus Management, has appointed Mark Elliott as interim CFO. Elliott is currently a non-executive director of the firm. For the past 10 years’, he has also officiated as managing director of ICE Partners, a private equity group. Prior to that, he worked as a partner specialising in audit and corporate finance with Baker Tilly.
AquaBounty Technologies, Inc. (AIM: ABTX) announced the appointment of Rick Sterling as a Non-Executive Director of the Company. Rick Sterling is Chief Financial Officer of Intrexon, a position he has held since 2007. Prior to joining Intrexon, he was with KPMG where he worked in the audit practice for over 17 years.
TLA Worldwide plc (AIM: TLA) announced that Donald Malter has become CFO of the Company and joins its board. Donald was previously CFO (North America) for BMG Chyrsalis since 2010, a joint venture between private equity firm, KKR and European media conglomerate, Bertelsmann. Prior to this he was CFO (North America) for Dimensional Music Publishing, LLC. Donald succeeds current CFO Gareth Jones, who is leaving the Company on or around 1 October.
Zytronic plc announced that Denis Mullan, Finance Director and Company Secretary, has stepped down from the Board, in line with his wish to retire from full time employment on his 60th birthday. Denis has held the role of Finance Director since 2003. As part of the succession process Claire Smith, who has been the Group Financial Controller since 2007 and Finance Director of the Group’s subsidiary, Zytronic Displays Limited since January 2012 will take over as Company Secretary and Interim Finance Director with immediate effect.
Rare Earth Minerals plc (AIM: REM) announced that it has appointed Donald Strang as Finance Director of the Company. He is currently the Finance Director of Polemos plc, Stellar Resources plc and AfriAg plc and is the Non-Executive chairman of Doriemus plc.
Reed Elsevier announced that due to family circumstances Duncan Palmer, Chief Financial Officer, has provided notice of his resignation from the boards of Reed Elsevier effective as of 25 September 2014, or such earlier date as Reed Elsevier may designate.
Inmarsat plc (LSE: ISAT.L) announced that Rick Medlock, Chief Financial Officer, has decided to leave the company in the coming months to take up a position with a private equity-owned business. Mr. Medlock has agreed to stay with Inmarsat until early 2014, to enable time for a suitable candidate to be found and to support an orderly transition.
Misys has appointed Rick Medlock as CFO. Medlock will join Misys from Inmarsat where he has been CFO since 2004. Medlock’s appointment follows the departure of former CFO Himanshu Raja, who joined Misys as recently as February, but left when security firm G4S offered him its finance chief’s post. Raja is due to start as G4S’ CFO on 7 October.
Zytronic has announced that its group finance director and company secretary Denis Mullan has stepped down. Mullan, who had held the finance director’s role since September 2003, would be replaced by group financial controller Claire Smith on an interim basis. Interim finance chief Smith has been group Financial Controller since 2007 and finance director of subsidiary Zytronic Displays Ltd since January 2012.
Gable Holdings has appointed Michael Hirschfield as group finance director. Hirschfield is currently a director at Kitwell Consultants, a firm which has been the company secretary to Gable Holdings since the insurer’s incorporation in 2005.
Premier Foods Plc (LSE: PFD) has appointed Alastair Murray as its Executive Director and Chief Financial Officer, effective September 30, 2013 replacing Mark Moran who would leave the company. Most recently, Murray served as the Group Finance Director of Dairy Crest Group plc.
SDL plc announced that Matthew Knight will be stepping down from his position as Chief Financial Officer and Board Member.
Bioquell PLC (LSE: BQE) announced that Mark Bodeker, the Group’s Finance Director and Chief Operating Officer, has decided that he will resign from Bioquell to pursue other interests. He will leave the Group in March 2014 at the end of his six months’ notice period.
Artilium plc (LSE: ARTA) announced that Ricardo Ritfeld will re-enforce the Artilium management team as financial director. Ricardo Ritfeld previously was financial director Benelux for Carl Zeiss and prior to that held several senior financial management positions at DE.
CFO Moves UK – week ending 27 September 2013
iPipeline announced Ian Teague, COO/CFO, has been appointed to the position of UK Managing Director.
Enables IT, formerly Nexus Management, has appointed Mark Elliott as interim CFO. Elliott is currently a non-executive director of the firm. For the past 10 years’, he has also officiated as managing director of ICE Partners, a private equity group. Prior to that, he worked as a partner specialising in audit and corporate finance with Baker Tilly.
AquaBounty Technologies, Inc. (AIM: ABTX) announced the appointment of Rick Sterling as a Non-Executive Director of the Company. Rick Sterling is Chief Financial Officer of Intrexon, a position he has held since 2007. Prior to joining Intrexon, he was with KPMG where he worked in the audit practice for over 17 years.
TLA Worldwide plc (AIM: TLA) announced that Donald Malter has become CFO of the Company and joins its board. Donald was previously CFO (North America) for BMG Chyrsalis since 2010, a joint venture between private equity firm, KKR and European media conglomerate, Bertelsmann. Prior to this he was CFO (North America) for Dimensional Music Publishing, LLC. Donald succeeds current CFO Gareth Jones, who is leaving the Company on or around 1 October.
Zytronic plc announced that Denis Mullan, Finance Director and Company Secretary, has stepped down from the Board, in line with his wish to retire from full time employment on his 60th birthday. Denis has held the role of Finance Director since 2003. As part of the succession process Claire Smith, who has been the Group Financial Controller since 2007 and Finance Director of the Group’s subsidiary, Zytronic Displays Limited since January 2012 will take over as Company Secretary and Interim Finance Director with immediate effect.
Rare Earth Minerals plc (AIM: REM) announced that it has appointed Donald Strang as Finance Director of the Company. He is currently the Finance Director of Polemos plc, Stellar Resources plc and AfriAg plc and is the Non-Executive chairman of Doriemus plc.
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