REG - Safestore Hldgs plc - Appointment of CFO

Safestore HoldingsAnnouncement

22/02/2024 07:00

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RNS Number : 0078E  Safestore Holdings plc  22 February 2024

Safestore Holdings plc

 

("Safestore" or the "Company")

Directorate change

 

Appointment of CFO

 

Safestore, the UK's largest self-storage group, is pleased to announce the
appointment of Simon Clinton as Chief Financial Officer. Simon will join
Safestore on Monday, 11 March 2024 and following a brief induction and
onboarding programme will be appointed as a Director to the Board at the
earliest opportunity, and by no later than 31 May 2024. Simon succeeds Andy
Jones as CFO following the announcement on 28 September 2023 of his intention
to retire.

 

Simon brings a wealth of experience across the real estate, retail and
consumer sectors and joins Safestore from Logicor, one of Europe's largest
warehouse and logistics groups. He joined Logicor in 2017 as Director of Group
Finance before becoming CFO in 2018. Prior to Logicor, he spent more than nine
years in senior finance positions at Tesco plc. He previously worked at Diageo
plc from 2000 to 2007. Simon is a chartered accountant.

 

David Hearn, Chairman commented:

 

"Following an extensive search process across a diverse range of candidates, I
am delighted that Simon is joining the Company. As an accomplished finance
leader, I am confident the business will greatly benefit from the depth of his
experience across a number of relevant industry sectors.

 

Frederic Vecchioli, CEO Safestore commented:

 

"Simon will be an excellent addition to the Safestore executive team. He
brings highly complementary sector knowledge and skills, particularly in
European real estate which will be invaluable to Safestore as we further our
growth and expansion. I look forward to working closely with him as we
continue to drive significant shareholder value.

 

Simon Clinton commented:

 

"I am delighted to be joining Safestore, a dynamic business with a great track
record of sustainable growth. I look forward to working with Frederic and the
entire team to build on this exceptional platform and deliver further
long-term value creation."

 

Andy Jones has agreed to remain with Safestore for an appropriate
transitionary period.

 

 

Enquiries

 

 Safestore Holdings PLC
 Frederic Vecchioli, Chief Executive Officer   via Instinctif Partners
 Andy Jones, Chief Financial Officer
 www.safestore.com (http://www.safestore.com)

 Instinctif Partners
 Guy Scarborough/ Emma Baxter                  0207 457 2020

 

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