Debt purchaser, Lantern have announced that they have appointed a new Chief Finance Officer (CFO) Andrew Kirk alongside an additional Exec appointment of Chief Technical Officer CTO) Andy McCleod, both of whom join the Lantern team to help deliver our strategy and vision, following the retirement of Trevor Howe.

Kirk is a Law graduate, a Fellow of the ICAEW and a highly experienced CFO with a financial services and private equity background, having held previous roles as Group FD at Norton Finance and CFO at Totemic Group/Payplan. Having previously completed a number of refinancing processes, business restructures and sale transactions in a varied and successful career to date, Kirk joined Lantern in April 2019.

Andy McCleod was also appointed as Chief Transformation Officer. McCleod has held positions previously as CIO, CTO and COO with over twenty years’ experience designing and executing customer-led digital, IT and business strategies. Andy has most recently been transforming IT Operations and Cost Management at Yorkshire Building Society and the Co-operative Bank.

Commenting on the appointments, CEO Denise Crossley said “Following completion of our recent funding with Shawbroook Bank & Paragon Bank, appointing both Andrew & Andy to the Senior Executive team was a strategic decision, to ensure Lantern remains at the forefront of technology-based customer journeys and optimum pricing, across our specialist debt purchase areas of HCST and customers experiencing vulnerability/financial difficulties.”

In conjunction with the latest appointments came the launch of Lantern’s company-wide long term incentive scheme, established to additionally reward every single colleague across the business, in recognition of their hard work and commitment in continuing to build a truly great business and Lantern brand.

Lantern specialise in purchasing and managing portfolios across customers in vulnerable circumstances/financial difficulty.