City round-up: Appreciate Group; Anexo
Appreciate Group, the Liverpool-based gift and reward vouchers specialist, has appointed Julian Coghlan to the board as interim chief executive, reporting to executive chairman, Guy Parsons.
It follows the announcement in July that former chief executive, Ian O’Doherty, would step down to pursue other interests at the end of the month, but will remain available to advise the group until January 2023.
Julian is the group’s current chief commercial officer, having joined the business in August 2017, initially as group operations director.
Prior to this, he held senior executive roles in commercial functions at Adare Group, the customer communications services group, for 14 years. He is also a regional councillor of the CBI.
As interim CEO, Julian will be responsible for all the group’s day to day commercial, operational, IT and HR functions across the business, including sales and marketing, with a focus on driving revenues in line with the group’s financial targets.
Guy Parsons, as executive chairman, will retain direct responsibility for the group finance, legal and compliance teams as well as strategic and governance matters.
The group said the process to recruit long term appointees for the roles of CEO and CFO is progressing well with an encouraging pool of high calibre candidates being interviewed.
Appreciate also announced today that John Gittins and Sally Cabrini have agreed to continue as non-executive directors for two and three years, respectively, to ensure board level continuity while the group’s leadership team is going through this period of evolution.
Guy Parsons said: “Following this appointment of an interim CEO, I believe we have a strong team in place to manage the business day to day and deliver on our expectations for the year, whilst continuing to focus on the group’s medium term strategy to drive sustainable growth.
“I am encouraged by the quality of candidates I have seen for the permanent roles and look forward to updating on those appointments in due course.”
::
Alan Sellers
Anexo Group, the specialist integrated credit hire and legal services provider based in Liverpool with offices in Bolton and Leeds, has announced the appointment of Mark Fryer as chief financial officer, on July 26, 2022.
The necessary AIM Rules requirements have now been completed and the board is pleased to confirm that Mark has been appointed a director of the group with immediate effect.
It said Mr Fryer, 55, does not own shares in the group.
The group has also announced that its interim results for the six months ended June 30, 2022, will be published on September 20.
There will be a conference call for sell-side analysts on the day of results, which will be hosted by executive chairman Alan Sellers and Mark Fryer.
