Doorstep lender, Morses Club has announced that Andrew Hayward has left his role as Chief Financial Officer (CFO) with immediate effect.
Andy Thomson, a Non-Executive Director (NED) of Morses Club and Morses Club’s previous CFO, will take on the position of CFO on an interim basis and will step down from his current role on the Board as NED.
Morses Club says that its board has commenced a process to appoint a permanent successor.
Paul Smith, CEO at Morses Club said “I am delighted to be able to welcome Andy Thomson back as interim CFO. Andy and I work extremely well together as evidenced at the IPO and years of subsequent results. Morses Club is highly cash-generative and has a robust balance sheet. Our customer-centric focus and Andy’s significant experience and sharp focus will be invaluable as we undertake this period of investment and the re-engineering of our digital businesses as part of our product diversification strategy.”