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Sarah Mace becomes permanent Personal Group finance chief
6th Jan 2021 10:09
(Sharecast News) - Employee service provider Personal Group announced on Wednesday that its interim chief financial officer Sarah Mace has been appointed as its permanent CFO, with immediate effect.
The AIM-traded firm had appointed Mace to the board as interim CFO on 1 October.
That followed a tenure at Personal Group since January 2014, when she joined as group financial controller and company secretary.
"In the months Sarah has been in the interim role she has impressed both the board and our shareholders with her vision for how Personal Group will grow in the future, as well as her ability to implement the change needed to make that vision a reality," said chief executive officer Deborah Frost.
"She has demonstrated her deep understanding of the business, a clarity of strategic thought and her strength in managing the finance functions across the business.
"I look forward to working with her to develop the business at a time when supporting and protecting essential workers has never been more relevant."
Sarah Mace said she was "excited" to be part of the board and leadership team delivering Personal Group's mission.
"Our opportunity to take our offering to more workers and grow our business is significant and we have the financial strength, committed team and clear strategy necessary to capitalise on that opportunity."
At 0949 GMT, shares in Personal Group were down 1.9% at 202.08p.
The AIM-traded firm had appointed Mace to the board as interim CFO on 1 October.
That followed a tenure at Personal Group since January 2014, when she joined as group financial controller and company secretary.
"In the months Sarah has been in the interim role she has impressed both the board and our shareholders with her vision for how Personal Group will grow in the future, as well as her ability to implement the change needed to make that vision a reality," said chief executive officer Deborah Frost.
"She has demonstrated her deep understanding of the business, a clarity of strategic thought and her strength in managing the finance functions across the business.
"I look forward to working with her to develop the business at a time when supporting and protecting essential workers has never been more relevant."
Sarah Mace said she was "excited" to be part of the board and leadership team delivering Personal Group's mission.
"Our opportunity to take our offering to more workers and grow our business is significant and we have the financial strength, committed team and clear strategy necessary to capitalise on that opportunity."
At 0949 GMT, shares in Personal Group were down 1.9% at 202.08p.