May was another busy month for strategic changes in UK finance departments, presenting timely opportunities for solution providers targeting CFOs and Finance Directors. Honch tracked significant new appointments, senior promotions, and companies securing fresh funding—ideal signals for proactive engagement.
New Finance Leaders Reviewing Suppliers
This month saw numerous influential finance leaders stepping into critical new roles, where they’re now assessing financial strategies and vendor relationships. Key appointments in May include:
- Fred. Olsen Cruise Lines: Colin Parselle, Chief Financial Officer
- Reconomy: Philip Vincent, Chief Financial Officer
- AJ Bell: Lesley Mitchell, Finance Director
- Mars: Ian Tongue, Finance Systems Director – RTR
- Keyloop: Gillian Nolan, Senior Vice President Finance
- Linklaters: Darshan Raghuvanshi, Group Finance Director
- Mondi: Saad Al-Saadi, Finance Director
- Northampton Saints: Will Thorp, CFO
- United Living Group: Emily Jackson, Group Finance Director
- Liberty Global: Dominic Berry, VP of Finance
These leaders represent immediate engagement opportunities as they set their financial priorities and reassess partnerships.
Promotions Creating Expanded Opportunities
In May, numerous senior finance promotions opened new doors for strategic conversations and supplier reviews. Notable promotions include:
- Helical plc: James Moss, CFO
- Applied Systems Europe: Darren Fegan, VP of Finance
- SR2: Maria Loria, CFO
- Oh Polly: Sam Brown, CFO
- LettUs Grow: Paolo Del-Greco, CFO
- Care Dorset: Lisa Evans, CFO
- Informatica: Nick Smith, VP Finance EMEA/LATAM
These executives now control larger budgets and greater decision-making responsibilities, perfect for initiating new relationships.
Significant CEO Appointments Influencing Finance Strategies
New CEO appointments are often followed by significant financial reviews and strategy realignments. Key CEO changes this month include:
- Caterpillar: Joe Creed, focusing on digital and sustainable innovation
- Herbalife: Stephan Gratziani, driving digital engagement and modernising operations
- Europcar Mobility Group: Sebastian Birkel, pushing sustainable and digital fleet solutions
- Triodos Bank: Mark Clayton, prioritising ethical finance and sustainability
- Sitecore: Eric Stine, enhancing digital capabilities through AI
Fresh Funding Expanding Financial Budgets
May saw 114 UK companies secure new funding, significantly increasing their financial resources and readiness to invest in new solutions. Highlighted rounds include:
- NexGen Cloud: £36 million (Series A)
- Marshmallow: £36 million (Series C)
- TransFICC: £20 million (Series B)
- IceMos Technology: £17 million (Series E)
- BKN301: £18 million (Series B)
- Skin Analytics: £15 million (Series B)
These growing firms are prime targets as they enhance their financial infrastructures.
Key Finance Trends in May
Businesses highlighted several key finance trends this month:
- Acquisitions: 106 companies actively pursuing acquisitions
- International Expansion: 266 companies focusing on new international markets
- Increased Headcount: 813 companies expanding their teams significantly
- New UK Office Spaces: 461 companies discussing or moving into new locations
- Sustainability and CSR: Significant ongoing dialogue among businesses
Standout Honch Lists for May
To precisely target outreach, consider these focused lists from Honch:
- Companies Making Acquisitions
- Companies Discussing New UK Office Spaces
- Companies Focused on International Growth
- Recently Funded Companies
- Increasing Monthly Headcount
- Cybersecurity Companies
Honch continuously monitors these opportunities, providing actionable insights to engage precisely when decision-makers are reviewing financial solutions.
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