Safestore on the hunt for new CFO as Andy Jones retires

28th Sep 2023 07:23

(Sharecast News) - Self-storage group Safestore has announced that its chief financial officer Andy Jones is to retire, after over 10 years with the company.

An external search for his replacement will begin soon, but Jones will continue in his role until a successor is found.

"I and the board of Safestore would like to sincerely thank Andy for his exceptional contribution and commitment to Safestore over the last 10 years," said chief executive Frederic Vecchioli.

Safestore said their finance chief has been "instrumental" in delivering on its strategy since he joined in May 2013, expanding the store portfolio and entering four additional geographies. During this time, revenues have risen 120% and the market capitalisation has increased 575%.

"He has been an excellent and trusted support to me and instrumental in delivering the market leading progress of the business in that time. I wish him well in his retirement."