Marshall Motor poaches new CFO from Mitie
Automotive retail group Marshall Motor Holdings has appointed Richard Blumberg - currently the group finance director at outsourcer Mitie - as its new chief financial officer.
FTSE AIM All-Share
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Marshall Motor Holdings
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16:55 14/06/22
Blumberger, who has held senior finance roles at Engie and Balfour Beatty, will join the company in January 2019, when current CFO Mark Raban steps down.
Chief executive Daksh Gupta said: "I am delighted that Richard will be joining MMH as chief financial officer. Richard has a wealth of experience gained from senior finance roles with major UK public companies. He has a strong understanding of multi-site businesses and a track record of strategic planning, profit enhancement and extensive M&A experience.
"On behalf of the board, I look forward to welcoming him to MMH and working with him during our next period of growth and development."
Blumberger said: "I am incredibly excited about joining MMH during this period of its development as it continues to execute its successful strategy. MMH is a dynamic and professional company with strong business relationships and I look forward to working with the executive team and the Board to continue to deliver future growth."
At 1300 BST, the shares were up 2% to 127p.