SimplyBiz hires new chief financial officer

Huddersfield-based SimplyBiz, a provider of compliance and business services to financial advisers and institutions, said on Wednesday that former Smart Metering Systems executive David Thompson to join its board as chief financial officer (CFO) on April 1.

David, aged 44, is a qualified chartered accountant with over 23 years’ experience,” said SimplyBiz.

“Most recently, David has been the CFO at AIM-listed Smart Metering Systems (SMS) plc, after being promoted from group and divisional finance director in 2017.  

“David has held a number of senior finance positions including roles at Energetics Utility Group, Johnston Carmichael LLP and PwC LLP.

“SimplyBiz also announces that after five years with the company, Gareth Hague, the group finance director, will be leaving the company by mutual agreement.

“Gareth’s resignation as director of the board takes effect from 31st March 2021.”

From April 1 the SimplyBiz board will comprise Ken Davy (Non-Executive Chairman), Gary Hughes (Non-Executive Deputy Chairman), Neil Stevens (Joint CEO), Matt Timmins (Joint CEO), David Thompson (CFO), Imogen Joss and Tim Clarke (Non-Executive Directors).

Davy said: We are delighted to welcome David Thompson to the business.

“His commercial acumen and strong ambition to drive value creation through our strategy will be a great asset as we take the business forward.

“On behalf of the board, I would like to thank Gareth for his valued contribution to the group over the past five years, with particular recognition to his role in supporting the business since our IPO in 2018 and the acquisition of Defaqto in 2019.

“We extend him every good wishes for the future”