Directorate Change
Group COO Tristram Simmonds stands down; CFO Grant Foley assumes wider remit including support functions.
Select text to share a quote on X · sign in to keep highlights & notes in your BMS notes
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
BRAEMAR PLC
("Braemar", "the Company" and together with its subsidiaries the "Group")
Directorate Change
Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering and risk management advice to the shipping and energy markets, announces that Tristram ("Tris") Simmonds is standing down from his role as Group Chief Operating Officer ("COO") with immediate effect to explore other opportunities.
The board is pleased to announce that Grant Foley's role as Group Chief Financial Officer, will now encompass a wider remit, with Grant taking on responsibility for leading all support functions as well as Braemar's Securities business (subject to regulatory approval).
Having joined Braemar in August 2023, Grant has made a significant impact on the business and draws on a wealth of commercial and transactional expertise, having previously held senior finance and operational roles in leading public and private financial services and technology businesses, including ClearScore and CMC Markets plc.
James Gundy, Group Chief Executive Officer, said:
"On behalf of the board, I would like to thank Tris for his contribution during his tenure with the Group and as a member of the executive team as COO since 2021. Tris leaves Braemar with our best wishes for his future endeavours".
This disclosure is made pursuant to paragraph 9.6.11(R) of the Listing Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.