12 Dec 2018 07:00
12 December 2018
The SimplyBiz Group plc
(the "Company" or "SimplyBiz")
Directorate change
David Etherington, Non-Executive Director of SimplyBiz, has informed the Board of his intention to step down at the next board meeting, scheduled for 17 December 2018, to focus on his other business interests. A search has commenced to appoint a replacement Non-Executive Director.
Ken Davy, Non-Executive Chairman, said: "David has been a long-standing supporter of the Group, including through our recent successful IPO, and a pleasure to work with. We are sorry to see him go but understand his priorities and wish him every success in the future. A replacement for David will be announced in due course."
David Etherington said: "SimplyBiz Group is a special business with a very exciting future ahead of it. It has been a huge privilege to serve as a board member under Ken's leadership and to work with such an exceptionally talented senior executive team, whom I hold in the absolute highest regard. My decision has been personally difficult given the high professional esteem I hold the team in and I wish the Group continued record breaking success."
For further information please contact:
The SimplyBiz Group plc | via Instinctif Partners |
Matt Timmins (Joint Chief Executive Officer) Neil Stevens (Joint Chief Executive Officer)
| |
Zeus Capital (Nominated Adviser and Sole Broker) | +44 (0) 20 3829 5000 |
Martin Green Andrew Jones Pippa Hamnett
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Instinctif Partners | +44 (0) 20 7866 7938 / SimplyBiz@instinctif.com |
Giles Stewart Rachel Cashmore
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Notes to editors
With over 3,600 member firms in the UK, SimplyBiz is a leading independent provider of compliance and business services to financial advisers, including directly authorised IFAs, directly authorised mortgage advisers, workplace consultants and directly authorised consumer credit brokers. It also provides marketing and promotion, product panelling and co-manufacturing services to more than 135 financial institutions, through access to its membership.