New CFO Appointment Has Investors Optimistic

Pubished 24th November 2015


In a recent article on Share Prophets, Tom Winnifrith discusses the new appointments at InterQuest group.

InterQuest announced that David Bygrave will assume the CFO role at the start of December having most recently been the CFO of financial technology group Caplin from 2010 until its sale earlier this year.

This follows the news earlier this month that Chris Eldridge is to become CEO, when we announced that “trading has continued to be strong and in line with management expectations” and noted that our interim results are looking to put us on course for full-year earnings per share of 11p+ (a pre-tax profit of more than £5 million, 2014 earnings per share: 9.6p) and a further fall in net debt.

Chairman Gary Ashworth commented:

"Bygrave’s experience combines the entrepreneurial skills learned from working with private equity backed businesses with the rigour of global businesses having qualified as a chartered accountant and spent nine years with PwC” and that “we are delighted that we have now managed to secure our first choice candidates for both the CEO and CFO roles”.

Read Tom Winnifrith's full article to find out more.