RCS - DSW Capital PLC - Change of role: CFO becomes Deputy CEO and CFO

DSW CapitalAnnouncement

11/10/2023 07:15

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RNS Number : 6778P  DSW Capital PLC  11 October 2023

 

11 October 2023

DSW CAPITAL PLC

("DSW Capital", "DSW" or the "Group")

(AIM: DSW)

 

Chief Financial Officer appointed Deputy CEO and Chief Financial Officer

 

DSW Capital, a profitable, mid-market, challenger professional services
licence network and owner of the Dow Schofield Watts brand, is pleased to
announce that Nicole Burstow, Chief Financial Officer ("CFO"), has today been
appointed to the role of Deputy Chief Executive Officer ("Deputy CEO") of the
Group.

 

Nicole, who has been with the Group for four years, has been working closely
alongside DSW's existing CEO James Dow, on strategy, recruitment, licensee
engagement and operations, for some time and the change in title formally
recognises her full contribution to the business. She will continue to fulfil
her responsibilities as CFO.

 

James Dow, Chief Executive Officer, said:

 

"It gives me great pleasure to announce Nicole's official appointment as
Deputy CEO. We are extremely fortunate to have such a capable and committed
executive, she is well respected by all our stakeholders, and this appointment
reflects that her contribution to the Group has extended far beyond her role
as CFO for quite some time."

 

 

 DSW Capital

 James Dow, Chief Executive Officer               Tel: +44 (0) 1928 378 029

 Nicole Burstow, Deputy CEO                       Tel: +44 (0) 1928 378 039

 Shore Capital (Nominated Adviser & Broker)       Tel: +44 (0)20 7408 4090

 James Thomas / Mark Percy / Rachel Goldstein

 Guy Wiehahn / Isobel Jones (Corporate Broking)

 Belvedere Communications

 Cat Valentine                                    Tel: +44 (0) 7715 769 078

 Keeley Clarke                                    Tel: +44 (0) 7967 816 525

                                                  dsw@belvederepr.com
                                                  (https://url.avanan.click/v2/___mailto:dswcapital@belvederepr.com___.YXAxZTpzaG9yZWNhcDphOm86Yjc0Nzc1ZDRhNmI2ZDQ3ODRiMTU2MDJlZmUzYWIyOWE6NjpiM2UzOjNlNDFhZjMzOTc3YTA5ZmIzMjJlN2ExNDJmOTg4MGVjYWZhNzZkYmI3ZGY2YTQxYzA1YWZlYWI2NjhhYmZjMTg6cDpU)

 

About DSW Capital

 

DSW Capital, owner of the Dow Schofield Watts brand, is a profitable,
mid-market, challenger professional services network with a cash generative
business model and scalable platform for growth. Originally established in
2002, by three KPMG alumni, DSW is one of the first platform models disrupting
the traditional model of accounting professional services firms. DSW now
operates licensing arrangements with 25 licensee businesses with 106 fee
earners, from 11 offices across the UK. These trade primarily under the Dow
Schofield Watts brand.

 

DSW's vision is for the DSW Network to become the most sought-after
destination for ambitious, entrepreneurial professionals to start and develop
their own businesses. Through a licensing model, DSW gives professionals the
autonomy and flexibility to fulfil their potential. Being part of the DSW
Network brings support benefits in recruitment, funding and infrastructure.
DSW's challenger model attracts experienced, senior professionals,
predominantly with a "Big 4" accounting firm background, who want to launch
their own businesses and recognise the value of the Dow Schofield Watts brand
and the synergies which come from being part of the DSW Network.

 

DSW aims to scale its agile model through organic growth, geographical
expansion, additional service lines and investing in "Break Outs" (existing
teams in larger firms). The Directors are targeting high margin,
complementary, niche service lines with a strong synergistic fit with the
existing DSW Network.

 

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