Sheffield Forgemasters International Ltd has appointed a new Chief Financial Officer as the company restructures for the future.
Following recent announcements of executive changes at the company, Stephen Hammell takes on the position of CFO and a place on the Board of Directors.
Mr Hammell is a Chartered Accountant with over 20 years’ experience in corporate finance, banking and financial leadership, having worked at PwC, Yorkshire Bank, Grant Thornton, eBECS and, more recently, as CFO of ECSC Group, a cyber security specialist quoted on the London Stock Exchange.
Chief executive, Dr Graham Honeyman, said: “I have been working very hard to secure key personnel to sit on the board of directors and choosing somebody with an appropriate breadth of experience for the position of CFO was crucial.
“Steve brings a superb amount of insight into the business and his past experience working with and for financial institutions and banks, combined with high level experience within industry makes him a real asset to the company moving forward.
“I am pleased to announce that we are also nearing completion of other key appointments of a chief operating officer, which is a new role, and a chairman. These will be confirmed over the coming months.”
Brendan Kendrick has recently been appointed as company sales director and the other senior positions are due to be assigned by the end of summer.
Mr Hammell said: “I will be working with an established senior team at Forgemasters as we drive the business into new markets and will focus on the factors driving the long-term success of the company, including financing arrangements, people investment and plant upgrades.”