There's not been any sign of a summer slowdown yet in the finance departments of UK companies. New leadership hires, strategic promotions, and notable funding rounds have been happening at pace across July, setting the stage for a busy month for providers across the sector. Here's a short overview of some of the key CFO and FD movements that are creating new opportunities for accountancy firms, fintechs, and other financial solution providers.

3,100+ Key UK Finance Appointments Reviewing Suppliers

Thousands of new senior finance leaders stepped into new roles this month. These individuals are now evaluating strategies, systems, and supplier partnerships and are essential prospects for any business development team targeting FDs:

• Chantecaille & La Prairie UK: Ekaterina Suvorova, Finance Director
• Laing O'Rourke: Ilze Williamson, European Finance Director
• P&O Ferries: Cliantha Reddy CASA, Finance Director - Operations
• Baxters Food Group: Terry Strain, Group Chief Financial Officer
• Stonewood Group: Matt Capell, Chief Financial Officer
• Milbank Group: Lyndsie Goodwin, Group Finance Director
• Sitecore: Nick Malley, SVP, Finance and Order Management
• Wahl Clipper Corporation: Matt Smith, EMEA Finance Director

1,500+ Promotions Creating New Opportunities

Senior promotions often lead to new strategies and expanded budgets. Here's just a couple examples of major brands making senior promotions this month that are driving supplier reviews:

• Bestway Healthcare: Ben Mitchell, Chief Financial Officer
• Sumer: Nick Taylor, Chief Financial Officer
• Vodafone: Mihail Stoenescu, Global Head of Commercial Finance (Division CFO)
• De La Rue: Michael Aumann, Chief Financial Officer
• New Look: Christina Adams, Finance Director
• Host & Stay: David Mcavoy, Finance Director
• Harbor Picture Company: Michael Fox, Vice President of Finance

400+ CEO Appointments Influencing UK Financial Strategies

New CEO appointments signal upcoming strategic assessments that will influence financial priorities and operations. These include:

• Revolut: Beatrice Cossa-Dumurgier, CEO Western Europe
• Medivet Group: Ben Jacklin, UK Chief Executive
• Decathlon: Elena Pecos, Chief Executive Officer
• Remy Cointreau: Franck Marilly, Chief Executive Officer, Remy Cointreau
• Whistl: Ian Keilty, Chief Executive Officer
• Orange: Jerome Henique, Chief Executive Officer Orange France
• Volkswagen Commercial Vehicles: Stefan Mecha, Chief Executive Officer
• SUEZ: Xavier Girre, Chief Executive Officer - SUEZ Group

Fresh Funding Expands Budgets

In July we tracked 129 companies raising significant funding. These often lead to team expansion and increased investment in scalable financial infrastructure and processes. Finance solution providers should note these growing companies:

• PhysicsX: £101 million (Series B)
• Metaview: £28 million (Series B)
• Definely: £24 million (Series B)

Key Finance Trends and Strategic Signals from July

Businesses highlighted several essential finance trends this month. These insights are critical for targeting and tailoring your outreach:

• Acquisitions: 69 companies were tracked making sizable acquisitions, who will now be in the process of integrating financial teams and systems.
• International Expansion: 363 UK companies have been focused on international expansion this month. This suggests demand for foreign exchange services, international tax advice, and cross-border financial compliance.
• Increasing Headcount: 813 UK companies increased their monthly headcount significantly, leading to opportunities in areas such as payroll solutions, expense management, and financial planning support.
• Sustainability Initiatives: Over 6,600 UK companies prioritised sustainability this month. This trend presents opportunities for ESG reporting tools, sustainable finance advice, and carbon accounting solutions.
• New UK Office Spaces: 371 companies discussed new office spaces this month.

‍

‍Honch monitors these strategic shifts, enabling proactive engagement when CFOs and Finance Directors are evaluating solutions and shaping their financial futures.

Keep your finger on the pulse with Honch and target CFOs that are in the market for your services. Try today below👇