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Findel appoints Stuart Caldwell as Chief Financial Officer

Findel, the online value retail and education business, is pleased to announce the appointment of Stuart Caldwell as Group Chief Financial Officer (CFO) with immediate effect.


Financial Results 2017

Findel, the online value retail and Education business, today announces its Full Year Results for the 53 week period ended 31 March 2017.


Appointment of Chief Executive

The Board of Findel plc is pleased to announce that it has appointed Phil Maudsley as Chief Executive with immediate effect. Ian Burke, executive Chairman, has moved to non-executive Chairman.


Post-close trading statement

Findel plc, the online value retailer and education resources business, today issues a trading statement having entered the close period for the 53 weeks ending 31st March 2017.


Appointment of Non-Executive Director


Findel is pleased to announce the appointment of Mr Gregor Ball as an independent Non-executive Director of the Group. Mr Ball will join the Board with immediate effect.

Mr Ball has significant experience of working in retail and regulated financial services from across his executive and non-executive career which has included senior positions at Home Retail Group plc and Littlewoods Organisation plc. He is currently a Non-executive Director of Ageas UK, part of the international insurance group, Fortis.

Commenting on the appointment, David Sugden, Chairman, said: "I am delighted to welcome Greg to the board. His extensive experience in retailing and financial services is directly relevant to our main business, Express Gifts and I am sure will prove invaluable."

Findel also confirms that Eric Tracey has been appointed Chairman of the Audit and Risk Committee and Bill Grimsey has been appointed Chairman of the Remuneration Committee.


Up until July 2015, Greg Ball was MD Financial Services at Home Retail Group, having joined the business in 2004. Greg previously held a number of senior roles at Littlewoods Organisation plc, including being in charge of financial services, ecommerce and marketing.

The Company confirms that there is no further information about Greg Ball requiring disclosure under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

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