Business
CFO succession
CFO succession.
About this update from Mind Gym Plc
[{"type":"text","content":"\n\n28 August 2024\nMind Gym plc\n(\"MindGym\" or the \"Company\")\nCFO succession\nDominic Neary to step down as Chief Financial Officer of MindGym;\nEmily Fyffe appointed as successor.\nMindGym, the global provider of human capital and business improvement solutions, announces that Dominic Neary will be stepping down as Chief Financial Officer (CFO) on 25 October 2024 to pursue a new opportunity. Emily Fyffe, currently Group Finance Director, is appointed as CFO Designate, effective today's date, with a transition plan to assume full CFO responsibilities by the time of Dominic's departure. At the present time, Emily will not be appointed as a Director or join the Board of the Company.\nEmily joined MindGym in 2016 and has held increasingly senior finance roles in the Company, including Group Financial Controller and most recently Group Finance Director. She has strong finance credentials, a track record of delivery and a thorough understanding of the business. Emily has played a critical role in strengthening the company's operating and financial position to provide greater resilience against challenging market conditions and set the foundations for profitable, sustainable growth following the new strategic direction initiated by Christoffer Ellehuus, Mind Gym's CEO, following his appointment in early 2024. She has over 10 years' finance experience and qualified as a Chartered Accountant at Grant Thornton, Australia in 2013. Emily's transition to the role of CFO aligns with the Board's succession plans.\nThe orderly handover of CFO responsibilities to Emily is expected to conclude by 25 October 2024, shortly after the planned announcement of the Company's H1 trading update for the six months ended 30 September, which is expected to be issued on 22 October 2024.\nChristoffer Ellehuus Chief Executive of MindGym, said:\n\"We are delighted to appoint Emily as CFO Designate. She has provided critical support to me in the development of MindGym's new strategy to deliver profitable, sustainable growth and I Iook forward to working closely with her in its ongoing implementation.\nWe are grateful to Dom for his significant contribution to MindGym over the last three years, his hard work and dedication and we wish him all the best in his future endeavours.\"\nDominic Neary, CFO of MindGym, said: \"I am very...