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SAFESTYLE UK APPOINTS NEW CEO
In a statement published just before Christmas, Safestyle UK announced that they had appointed a new CEO with immediate effect. This is the statement in full published on their PLC website:
Safestyle UK plc (AIM: SFE), the leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market, announces that its Chief Executive Officer (CEO), Mike Gallacher, has stepped down from the Board today and will leave the business at the end of the year for personal reasons.
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Rob Neale, who has been Safestyle’s Chief Financial Officer (CFO) for almost 5 years, has been appointed as CEO with immediate effect. Rob has made an invaluable contribution to the Group since his appointment and the Board has complete confidence in his ability to lead Safestyle through the next phase of its corporate growth, while providing him with their full support. The Company has commenced the independent search process for a new CFO and the Board will provide an update in due course. During his time as CFO, Rob has built and managed a robust finance team at Safestyle and will be ably supported during the transition process.
Alan Lovell, Non-Executive Chairman of Safestyle, commented:
“Since his appointment as CEO in Spring 2018, Mike has given exceptional service to Safestyle through some extremely turbulent and challenging times. I would like to thank Mike for his commitment to our people and our business and we wish him and his family well for the future.
As a result of our succession planning programme, I am delighted to congratulate Rob as he embarks on his new role. The Board is confident in Rob’s leadership ability and is looking to the future positively as the business continues to deliver against its strategic objectives.”
You can view the original source here: https://otp.investis.com/clients/uk/safestyle/rns/regulatorystory.aspx?newsid=1651956&cid=656
It has been a busy period within the industry with regard to new appointments and people moving to new positions, and with the market in an uncertain place, that trend may continue for a while.
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