(Sharecast News) - Intellectual property commercialisation specialist Frontier IP announced the appointment of Jo Stent as its new chief financial officer on Friday, effective from 22 April.
The AIM-traded firm said Stent is a chartered accountant with almost three decades of experience in senior financial roles across various sectors and regions.
Having previously served as the CFO at Frontier's AIM colleague Argentex Group, specialising in bespoke currency risk management and payment solutions, from February 2021 to January this year, the company said Stent had robust track record.
Before that, she held prominent financial positions at organisations such as the European Tour, Ryder Cup Europe, Vodafone Americas, Telus Communications, and Deloitte.
"I am delighted to welcome Jo to our board of directors and to the wider group," said chief executive officer Neil Crabb.
"Jo brings significant expertise and experience and will be a key member of the team contributing to the next stage of our growth.
"It is a testament to the strength of our business model and the potential of our portfolio that we have been able to attract someone of Jo's calibre as chief financial officer."
As part of the transition, Frontier's current CFO Jim Fish would move to a new role within the organisation as portfolio finance director from the same date.
In his new capacity, Fish would continue to provide support to the group's portfolio companies, ensuring seamless financial oversight and strategic guidance.
"I am very pleased to be joining Frontier IP Group at such an exciting stage of its development," commented Jo Stent.
"I am looking forward to working with the Frontier team as we help our portfolio companies scale up to be highly successful businesses in their own right."
At 1403 BST, shares in Frontier IP Group were up 0.35% at 42.65p.
Reporting by Josh White for Sharecast.com.
Frontier Ip (FIPP)