Senior names rival Cobham man Squires as new chief executive

first_img Share Senior names rival Cobham man Squires as new chief executive Express KCS MANUFACTURING group Senior yesterday appointed David Squires as its new chief executive.Squires, currently chief operating officer at rival firm Cobham, will join the Senior board as group chief executive-designate on 1 May, and will take on the group chief executive role on 1 June, when Mark Rollins stands down.Rollins, who announced his retirement in August 2014, has been with the firm for 17 years. Senior chairman Charles Berry commented: “David clearly has the depth and breadth of experience, and the personality and drive, to lead Senior through the next stage of its development. I am confident that Senior will continue to make strong progress under his leadership.”He added: “Mark Rollins has made an enormous contribution to Senior in a career spanning 17 years. Accordingly, on behalf of the board, I would like to thank him for his dedicated and successful service.” Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndo Tuesday 6 January 2015 8:29 pm Tags: Cobham Company Seniorcenter_img Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp whatsapp last_img read more

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Aldermore confirms plans to IPO (again)

first_img Tuesday 24 February 2015 3:08 am Challenger bank Aldermore has dusted off its IPO plans, which it scrapped in October, confirming its intention to float on the London Stock Exchange. The bank, which specialises in lending to small businesses, is thought to be gearing up to raise £75m through the flotation, representing approximately 40 per cent of the issued share capital of the company. In a statement this morning, the bank said it had grown from 50 employees, with £76m of lending to “a multi-product asset-based lender” with £5.6bn of assets, 160,000 customers and 875 employees.Having announced its intention to float in September, Aldermore scrapped its plans in October, as investors shied away from volatile markets. Aldermore wasn’t the only casualty: fellow challenger bank Virgin Money also cancelled plans to IPO, as did webuyanycar.com owner BCA.But in November, Virgin Money pressed ahead with its plans, raising £500m and valuing the business at £1.25bn.Last week Aldermore published figures showing it had more than doubled underlying profit before tax to £56m in 2014, with return on equity increasing 15 per cent and net loans rising 42 per cent to £4.8bn.This morning, chief executive Philip Monks said now is the right time for the business to pursue a listing.We have consistently delivered on our ambitious targets and we have proven our ability to grow organically and profitably. In 2014, underlying profit before tax more than doubled, driven by strong balance sheet growth, with net lending to small businesses and homeowners higher than ever before. whatsapp Emma Haslett whatsapp Share Show Comments ▼ Aldermore confirms plans to IPO (again) Tags: Aldermore More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orglast_img read more

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