REG - Shearwater Group PLC - Interim CFO Appointment

ShearwaterAnnouncement

10/10/2023 07:00

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RNS Number : 4851P  Shearwater Group PLC  10 October 2023

10 October 2023

 

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

Interim CFO Appointment

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, is pleased to announce the appointment of Adam Hurst
as Interim Chief Financial Officer, on an initial six-month contract, who is
expected to join the Board in due course. Outgoing Chief Financial Officer,
Paul McFadden, will remain with the Group for a transition period.

 

Adam brings over 20 years of experience in senior finance roles across rapidly
evolving and high growth businesses. A Chartered Accountant, Adam started his
career with PwC, subsequently spending nine years with Unigate plc before
moving to Tate & Lyle plc where he held the position of Group Financial
Controller. From there he joined AIM-listed Entertainment One as Deputy Group
Chief Financial Officer and then Divisional Chief Financial Officer supporting
the rapid growth of the business.  Most recently he was Chief Financial
Officer of TISE listed Yell Ltd.

 

David Williams, Chairman of Shearwater Group, commented: "We are delighted to
welcome Adam to the Group, and to have secured the services of such an
experienced Chief Financial Officer, initially on an interim basis. We are
looking forward to working with him as we seek to improve shareholder
returns."

 

Enquiries:

 Shearwater Group plc                                  www.shearwatergroup.com

 David Williams, Chairman                              c/o Alma PR

 Phil Higgins, CEO

 Cavendish Securities plc - NOMAD                      +44 (0) 20 7397 8900

 Adrian Hadden / Ben Jeynes- Corporate Finance

 Henry Nicol / Dale Bellis / Michael Johnson - Sales

 Alma                                                  shearwater@almapr.co.uk

 Justine James / Joe Pederzolli                        +44 (0) 20 3405 0205

 

About Shearwater Group plc

 

Shearwater Group plc is an award-winning group providing cyber security,
managed security and professional advisory solutions to create a safer online
environment for organisations and their end users.

 

The Group's differentiated full service offering spans identity and access
management and data security, cybersecurity solutions and managed security
services, and security governance, risk and compliance. Its growth strategy is
focused on building a scalable group that caters to the entire spectrum of
cyber security and managed security needs, through a focused buy and build
approach.

 

The Group is headquartered in the UK, serving customers globally across a
broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the
ticker "SWG".  For more information, please visit www.shearwatergroup.com
(http://www.shearwatergroup.com/) .

 

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