6 Sep 2022 07:00
DWF Group plc
("DWF" or "the Company" or "Group")
LEI: 213800O9QREOHTOGQ266
6 September 2022
DWF's Matthew Doughty to become Chief Growth & Strategy Officer
Group appoints new Chief Operating Officer
DWF announces that Matthew Doughty is to be appointed Chief Growth & Strategy Officer (CSO) with effect from 9 September 2022. Matthew Doughty will remain an Executive Director and will focus on the implementation of DWF's strategy of providing integrated legal and business services to more of its key clients. He will also lead on all inorganic expansion activities, in particular the delivery of a strong M&A pipeline, and will also remain the Board sponsor of the Group's ESG strategy.
DWF is also pleased to announce the appointment of Matthew Glenville as Group Chief Operating Officer (COO) with effect from 9 September 2022. Matthew Glenville will be a member of the Executive Leadership Team and will have responsibility for pursuing operational excellence and delivering transformational change projects. The COO, who will not join the Board, will report to the CSO.
Matthew Glenville joins DWF from ICE Clear Europe, one of the world's leading futures and options clearing houses, where since 2018 he has held the positions of COO, Chief Technology Officer and Chief of Staff. Previously, Glenville was COO at ICE Benchmark Administration and led various teams across front office, operations and change management at Royal Bank of Scotland.
Sir Nigel Knowles, Group CEO, said: "The creation of the CSO role and the appointment of a new COO will further strengthen our ability to ensure senior time and focus is given to our strategic and operational priorities. By further increasing our strategic focus on organic growth, we aim to accelerate the adoption of a wider range of our services among our largest clients, driving profitable revenue growth. Supplementing this with inorganic growth through selective M&A has long been part of our strategy. We believe that the CSO role will bring additional focus to these areas, generating shareholder value. I look forward to continuing to work closely with Matthew in his new role.
"I am also delighted to welcome Matthew Glenville to DWF. His significant experience and proven operational track record will enable us to deliver on our ongoing and ambitious programme of transformation. In addition to his strong technical abilities, Matthew is an excellent influencer and communicator, enabling him to effectively collaborate with stakeholders to achieve strategic priorities. We are pleased that Matthew saw in DWF the opportunity to influence our transition from law firm to a global professional services organisation and I'm looking forward to him joining the team."
For further information
DWF Group plc
James Igoe - Head of Communications +44 (0)7971 783533
Maitland / AMO
Sam Turvey +44(0)20 7379 5151
Sam Cartwright
About DWF
DWF is a global provider of integrated legal and business services provided through its three offerings of Legal Advisory, Mindcrest and Connected Services. It has offices and associations located across the globe. The Company became the first Main Market Premium Listed legal business on the London Stock Exchange in March 2019. DWF recorded Revenue of £416 million and Net Revenue of £350 million in the year ended 30 April 2022. For more information visit: dwfgroup.com
Together, the three divisions support DWF's single Integrated Legal Management approach through which the Group can seamlessly combine any number of these services to deliver bespoke solutions to its clients with greater efficiency, price certainty and transparency. This approach enables DWF to offer clients solutions that combine traditional law firm services with new, modern legal and business services relevant to today's companies and the challenges and opportunities they face.