Wise PLC - London-based money transfer firm - Chief Financial Officer Matthew Briers will step down from his role by March 2024, after eight years in the role, to focus recovering from an accident he had last year, Wise says. Starts a search for a new CFO immediately.
CFO Briers says: "After almost eight years it's time for me to think about my life after Wise. I'm incredibly proud of what we have achieved in these early chapters at Wise and could not be more excited about what is ahead for the business. Wise will likely have many CFOs in its first century and this is simply me starting the process of handing over the reins to the next one. But some of you may know that a year ago I returned back to work at Wise after a quite horrible accident where I went under the wheels of a bus, and so, with this in mind, my focus will shift to making a full recovery."
Current stock price: 581.40 pence each, down 3.0% on Monday morning in London
12-month change: up 60%
By Xindi Wei, Alliance News reporter
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Wise Plc (WISE)