Quindell hires chairman and consultancy firm
Insurance technology firm Quindell has completed its search for a new chairman, following the resignation of Robert Terry in November 2014.
Richard Rose will join the board as non-executive chairman and Jim Sutcliffe will join as strategy director and deputy chairman. David Currie will step down from his position as interim non-executive chairman and his role will revert to non-executive director.
Quindell said the appointments would assist with the development of the group’s accounting policies, the formulation of the group’s future strategy and the delivery of the optimal capital structure for the group.
The firm will also receive consultancy services from BaxterBruce, a consultancy firm of which Sutcliffe is a director. BaxterBruce will utilise its associates Marisa Cassoni and John Tomlins for this engagement.
Currie, interim non-executive chairman, said: "I am pleased that such a high calibre group of professionals will be helping the board at this time and that Richard and Jim are expected to join the Board in due course.
“Richard, Jim, Marisa and John have extensive public company, accounting and sector knowledge and I look forward to working with them and the existing management in completing the independent review, acting on its conclusions and in formulating our group strategy."
Robert Fielding, group chief executive, said: "We welcome Richard and Jim to the team; both bring a wealth of experience which will assist the business as we move in to our next phase of development."
