Xpediator appoints new CFO
The board of Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, is pleased to announce the appointment of Stuart John Howard as Chief Financial Officer of the Group. Stuart will replace the current Chief Financial Officer, Richard Myson, with effect from 1 September 2018, whose intended retirement from the Group was announced on 15 May 2018.
Stuart, aged 47, is a qualified chartered accountant with a wide range of experience as a Chief Financial Officer, Chief Operating Officer and Chief Executive in the financial services and private equity sectors. Most recently, between 2014 and 2017, Stuart was Chief Executive of Dollar UK, the alternative financial services provider, which he managed through substantial organisational and regulatory change. Prior to this Stuart was Chief Operating Officer of Listed Products, Harbourvest Partners which he joined from 3i Group in 2012 where he had a number of roles including Chief Operating Officer of 3i's Asia and Americas group (2010-2011), Chief Financial Officer of 3i Infrastructure (2009-2010) and Finance and Operations Director (2006-2009) of 3i Quoted Private Equity. Stuart qualified as a chartered accountant with Deloitte in 1999.
Chief Executive of Xpediator, Stephen Blyth said: "I am delighted to welcome Stuart to the Xpediator board to take up a key management role at an exciting time for the Group. He is very highly regarded by former colleagues and I am confident that, following an extensive search, he is the right appointment for the Company and that he will make a significant contribution to the development of the Group. Also, on behalf of the Xpediator board I would like to thank Richard for his contributions to the Group over many years and we are very pleased that he will still work with us, as time permits, on special projects."
Commenting on his appointment, Stuart Howard, said, "I believe Xpediator is well placed to continue to significantly expand upon its position within the logistics sector and I am therefore very pleased to be joining the Company at this exciting time. I am looking forward to helping Stephen and the rest of team continue the Group's growth trajectory and create sustainable long-term value for Xpediator shareholders."