Norman Broadbent PLC Appointment of CFO & COO (7893F)
March 11 2020 - 8:00AM
UK Regulatory
TIDMNBB
RNS Number : 7893F
Norman Broadbent PLC
11 March 2020
Norman Broadbent plc
("Norman Broadbent" or "the Group")
Appointment of Chief Financial Officer & Chief Operating
Officer
The Norman Broadbent Group (AIM: NBB), a leading London quoted
Professional Services firm offering a diversified portfolio of
integrated Leadership Acquisition & Advisory Services (Board
& Leadership Search, Senior Interim Management, Research &
Insight, Leadership Consulting & Assessment, and
executive-level Talent Solutions) - is pleased to announce the
appointment of Stephen ('Steve') James Smith as Chief Financial
Officer ("CFO") and Chief Operating Officer. He will be joining the
Group - and PLC Board - on March 30(th) , 2020.
Steve, 52, succeeds Will Gerrand who, as announced on 28(th)
February 2020, has decided to pursue other business interests. Will
has agreed to remain with the Company for a period to ensure a
smooth transition.
Steve, who has extensive experience in finance, recruitment and
financial leadership, is a graduate of the University of Kent,
qualified as a Chartered Accountant in 1993, and was admitted to
Fellowship of the ICAEW in 2003.
Steve spent five years at Ernst & Young LLP (Southampton and
Bermuda) before joining Stirling Cooke Holdings, a Bermuda-based
Holding Company for UK and US based Insurance businesses. He
subsequently relocated to London in 1997 as UK Finance Director of
the group's Lloyds Insurance and Reinsurance broker.
In 2001, Steve joined CDI Corporation; an NYSE listed staffing
group, as UK Finance Director (latterly CFO) and VP Finance EMEA.
As CFO in 2016, he co-led an MBO of CDI subsidiary, AndersElite, a
national recruitment business with offices throughout the UK. As
CFO of AndersElite, he was involved in capital raising, an
acquisition and a disposal. In July 2018, he co-led the successful
sale of AndersElite to Morson International. Following the sale of
AndersElite he worked outside of sector (due to non-compete
restrictions) as an Interim FD in aviation and leisure.
Steve Smith currently holds or has held in the past 5 years the
following directorships and partnerships:
Current directorships Past Directorships & Partnerships
Bigshots (Northwick Park) Limited AndersElite Holdings Ltd
Bigshots Golf International Elite Contractor Services Ltd
Limited
Bigshots Golf (UK) Limited AndersElite Ltd
AndersElite Corporate Trustee
Ltd
Brownshill Holdings Limited
Mriww Franchise Services Limited
Commenting on Steve's appointment, Group CEO Mike Brennan
said:
"On behalf of the Board and the Norman Broadbent team, I'm
delighted to welcome Steve to the Group. Steve brings a significant
amount of experience and expertise to us, and we look forward to
him joining our Senior Leadership Team"
In relation to Steve Smith's appointment to the Board, there is
no further information required to be disclosed pursuant to
paragraph (g) of Schedule 2 of the AIM Rules for Companies.
For further information, please contact:
Norman Broadbent plc
Mike Brennan - 020 7484 0000
WH Ireland Limited
(Nominated Adviser and Broker)
Adrian Hadden - 020 7220 1666
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END
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