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Share Price: 9.125
Bid: 8.50
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Norman Broadbent Looking To Recruit CFO With Felton To Resign

Mon, 20th Jan 2014 10:08

LONDON (Alliance News) - Norman Broadbent PLC Monday said it is seeking out a new finance chief after Ben Felton said he will resign at the end of March in order to take up a senior role in a "larger organisation."

Norman Broadbent, which helps companies to recruit executives, said Felton will oversee the audit of its full-year results, which it expects to make public in April.

Felton qualified as a chartered accountant with FW Stephens and then worked for UBS Investment Bank in the fixed income, currency & commodities division before joining Norman Broadbent in January 2009 as finance director. He joined the board as Chief Financial Officer in June 2010.

In addition, Norman Broadbent said it has appointed Justin Whitehouse as the head of Arcus Global Partners' interim management practice.

He joins from Green Park Interim & Executive Search.

"We are delighted that Justin has decided to join us and are confident that he will make a significant contribution to the development of the interim management business and the success of Arcus Global Partners, which we established in March 2013 and which has shown strong momentum since," Pierce Casey, Chairman, said in a statement.

Shares in the firm last traded at 37.5 pence per share.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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Norman Broadbent reports strong first quarter

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22 May 2023 11:25

Norman Broadbent sees strong first quarter as revenue and profit grow

(Alliance News) - Norman Broadbent PLC on Monday said revenue surged in the first quarter as new fee earners drove profit growth.

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19 May 2023 13:09

IN BRIEF: Norman Broadbent repays half of convertible loan note

Norman Broadbent PLC - London-based recruitment firm - Repays half of the proceeds of its convertible loan note, amounting to about GBP200,000 plus interest. The convertible loan note was issued in May 2022. Adds that it has been able to repay it, as a result of "its consistently strong trading performance." The company aims to repay the balance before the second anniversary of the issue of the convertible loan note.

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24 Jan 2023 10:42

AIM WINNERS & LOSERS: Norman Broadbent fourth quarter fee income jumps

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24 Jan 2023 10:01

Norman Broadbent sees upswing in net fee income; expands into Scotland

(Alliance News) - Norman Broadbent PLC on Tuesday said net fee income had surged in the fourth quarter, as the company bolsters its position in Scotland.

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10 Jan 2023 14:41

IN BRIEF: Norman Broadbent names Mehr Malik as new CFO

Norman Broadbent PLC - London-based recruitment firm - Names Mehr Malik as new chief financial officer with effect from next Monday. Malik will replace Steve Smith, who is stepping down to "pursue other business opportunities" as announced in August.

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23 Aug 2022 09:25

Norman Broadbent CFO & COO Steve Smith resigns after two years in post

(Alliance News) - Norman Broadbent PLC on Tuesday said Chief Financial Officer & Chief Operating Officer Steve Smith plans to step down to "pursue other business opportunities".

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16 Aug 2022 10:34

Norman Broadbent achieves interim revenue rise, eyes income growth

(Alliance News) - Norman Broadbent PLC on Tuesday reported a double-digit rise in interim revenue and a narrowed loss, as it eyes "accelerated growth" in the future.

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20 Jul 2022 17:57

Director dealings: Norman Broadbent chair transfers shares to pension plan

(Sharecast News) - Professional services firm Norman Broadbent disclosed a share sale-and-purchase on Wednesday, made by its chairman and worth over £0.2m.

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11 Jul 2022 14:49

Norman Broadbent carries strong trading into first half

(Sharecast News) - Executive search and interim management company Norman Broadbent said in a trading update on Monday that, following a "strong" fourth quarter in 2021, net fee income in the first half of 2022 increased 20% to £3.3m year-on-year, driven by growth in executive search net fee income.

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11 Jul 2022 14:47

IN BRIEF: Norman Broadbent expects higher half-year revenue

Norman Broadbent PLC - London-based recruitment firm - Expects higher half-year net fee income as it sees its executive search arm surging. Anticipates revenue GBP3.3 million in the first half of 2022, up 20% from GBP2.7 million a year ago. Expects executive search to grow 29% to GBP2.6 million from GBP2.0 million. However, interim management is set to fall 5.2% to GBP715,000 from GBP752,000.

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25 May 2022 14:56

Norman Broadbent sees "solid momentum" despite decrease in revenue

(Alliance News) - Norman Broadbent PLC on Wednesday said it expects to see a "solid momentum" into the next financial year despite a drop in revenue.

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2 Mar 2022 17:53

TRADING UPDATES: Sweet interim profit rise for Hotel Chocolat

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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