Simon Featherstone 'a force for positive change' leaves Bibby Financial Services

Bibby Financial Services (BFS) today announces that Simon Featherstone is to step-down as global chief executive.

Who ever replaces Simon needs to be of his stature and integrity.

After four years at BFS, Simon has decided to pursue other career opportunities and will leave the business on 5th August 2015.

David Postings, BFS UK chief executive, will take-over as Global CEO on an interim basis until a permanent appointment is made. During this time, David will continue in his role as UK CEO.

Simon Featherstone, said: “With the installation of a new operating system nearing completion; refinancing of the UK business in its final stages, growing global sales and a strong management team in place, I feel that now is a great time to move on to my next challenge.

ADMIN: Simon has been a force for positive change at Bibby - If he had arrived 5 years earlier then so many more businesses would still be trading - The core problem of the Bibby family that allowed the previous management team to plunder struggling companies at the expense of HMRC is still there.

 - See more at: http://www.business-money.com/announcements/simon-featherstone-to-leave-bibby-financial-services#sthash.xlLTHKSg.dpuf

Bibby Financial Services (BFS) today announces that Simon Featherstone is to step-down as global chief executive.

After four years at BFS, Simon has decided to pursue other career opportunities and will leave the business on 5th August 2015.

David Postings, BFS UK chief executive, will take-over as Global CEO on an interim basis until a permanent appointment is made. During this time, David will continue in his role as UK CEO.

Sir Michael Bibby, managing director of Bibby Line Group said: “Simon’s drive has enabled BFS to invest in new technology, new markets, and to consolidate its position at the forefront of asset based finance in the UK and many overseas territories.

“Simon has made a significant contribution to the Bibby Line Group and I should like to put on record my gratitude for his hard work and energy over the last 4 years.

“On behalf of the Bibby Line Group board, I would like to wish Simon all the best for the future.”

Simon Featherstone, said: “With the installation of a new operating system nearing completion; refinancing of the UK business in its final stages, growing global sales and a strong management team in place, I feel that now is a great time to move on to my next challenge.

- See more at: http://www.business-money.com/announcements/simon-featherstone-to-leave-bibby-financial-services#sthash.xlLTHKSg.dpuf

Bibby Financial Services (BFS) today announces that Simon Featherstone is to step-down as global chief executive.

After four years at BFS, Simon has decided to pursue other career opportunities and will leave the business on 5th August 2015.

David Postings, BFS UK chief executive, will take-over as Global CEO on an interim basis until a permanent appointment is made. During this time, David will continue in his role as UK CEO.

Sir Michael Bibby, managing director of Bibby Line Group said: “Simon’s drive has enabled BFS to invest in new technology, new markets, and to consolidate its position at the forefront of asset based finance in the UK and many overseas territories.

“Simon has made a significant contribution to the Bibby Line Group and I should like to put on record my gratitude for his hard work and energy over the last 4 years.

“On behalf of the Bibby Line Group board, I would like to wish Simon all the best for the future.”

Simon Featherstone, said: “With the installation of a new operating system nearing completion; refinancing of the UK business in its final stages, growing global sales and a strong management team in place, I feel that now is a great time to move on to my next challenge.

- See more at: http://www.business-money.com/announcements/simon-featherstone-to-leave-bibby-financial-services#sthash.xlLTHKSg.dpuf