Plc companies hire new CFOs

TWO high profile listed companies in the North West have appointed new chief financial officers.

Cumbria-based infrastructure and logistics giant Stobart Group has appointed Mark Adams as its new CFO.

Adams will take up his new post from November 28. He brings more than 20 years of experience in senior finance roles in a broad range of sectors.
 
Most recently Adams has held roles at Pets at Home Group Plc and Cognita Schools, in both cases acting as Interim CFO. 

Prior to these roles he was CFO at Hastings Insurance Group, easyJet Plc, Helphire Group Plc, Alpha Airports Group Plc, STA Travel Group and Prism Rail Plc.

Andrew Tinkler, chief executive of Stobart, said, “I am very pleased to welcome Mark as CFO. His broad financial and commercial experience across a range of sectors will be very valuable as we execute our strategy of growing our operating businesses to create value and realising value for shareholders in our Infrastructure and Investments divisions.”

Meanwhile, Cheshire-based Pets at Home Group has announce the appointment of Mike Iddon as group CFO, effective from October 17.

On joining the group Iddon will become an executive director of the company and a member of the board.

Iddon was the CFO of New Look from 2014 until earlier this year. Prior to this he held a number of finance roles at Tesco over a period of 13 years, with his final position as group planning, treasury and tax director. Before this he held finance roles with Kingfisher and Whitbread. He qualified as a chartered accountant with Arthur Andersen.

Ian Kellett, group chief executive officer, said: “I’m delighted to welcome Mike to the group. Mike brings a huge wealth of financial expertise, all gained within established retail and consumer businesses which makes him a great addition to the team.”

“I also want to thank Mark Adams for supporting us through the first half of the financial year in his position as Interim CFO and we wish him well in his next role.”
 
Iddon said: “I really admire the passion for pets that is the hallmark of Pets at Home.  With so many growth opportunities, not just within retailing but also in the many services that support customers and their pets, this is a really exciting time for me to join the group.”

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