Business
Board Update
Vulcan Two Group plc announced a board update, with CFO Simon Carter stepping down from his role for personal reasons but remaining with the company in a new finance team position. Keith Butcher, an experienced former CFO of LSE-listed companies, has been appointed as interim CFO for at least six months, with potential board appointment contingent on the company completing an acquisition. Additionally, Dr. David Wong has joined the board as a Non-Executive Director, bringing significant healthcare and capital markets experience. Disclaimer*
About this update from Vulcan Two Group Plc
[{"type":"text","content":"\n\n12 January 2026\n Vulcan Two Group plc\n(the \"Company\" or \"Vulcan Two\")\n \nBoard Update\n \nVulcan Two Group plc, the company aiming to create the UK's leading regulated ePharmacy through buy-and-build, announces that the Company's Chief Financial Officer (\"CFO\"), Simon Carter, has decided to step down from the Board and from his position as CFO for personal reasons, with immediate effect. Simon will continue to work with the Company, taking a new role in the finance team.\n \nThe Company is delighted to announce that Keith Butcher, the former CFO of, inter alia, Boku Inc. and Paysafe, has been appointed in an interim role as CFO for a period of at least 6 months. Keith is a highly experienced CFO with over 20 years as a publicly listed LSE Finance Director. He brings a considerable track record of success in delivering transformational acquisitions and in creating shareholder value in technology-based e-commerce businesses.\n \nIt is expected that Keith will join the Board if the Company completes its inaugural acquisition during the period of his employment. Any such appointment would be subject to the completion of customary due diligence by the Company's advisers.\n \nThe Board is also delighted to announce the appointment of Dr David Wong as a Non-Executive Director, who brings significant experience in healthcare, capital markets and public company boards. David is the co-founder of Reset Health, an integrated chronic care specialist delivering best in class scalable doctor-led digital solutions for patients. He is also the founder of Medical Consultant and Management Capital, a specialist strategic advisory boutique and investor. David has over 40 years' experience serving on the boards of UK-listed companies, including Slater Foods plc, MDY Healthcare plc, Triple Arc plc and Galleon Holdings plc.\n \nMichael Kraftman, Chief Executive Officer of Vulcan Two, commented: \"We are delighted to welcome a CFO of Keith's calibre to Vulcan Two. His considerable experience in transformational acquisitions and delivering shareholder value will be invaluable as we progress our buy-and-build strategy.\n \n\"We are also pleased to welcome David to the Board as a Non-Executive Director, who brings real domain expertise and insight into the ePharmacy industry.\"\n \nSusan Clement D...