Morses Club CFO to retire

Morses Club has announced that it’s Chief Financial Officer (CFO), Andy Thomson, plans to retire from his role on 1st July 2019. Thomson will remain as a Non-executive Director (NED) on the Board of Morses Club.

Thomson was involved in the RCapital acquisition of Morses Club in March 2009, remaining on the Board as a Non-executive Director, with responsibility for financial management. Andy led the finance function during the acquisition and integration of Shopacheck Financial Services in 2014/15 before his appointment to full-time CFO in 2016.

A search for a suitable successor is well advanced and an announcement on the appointment will be made in due course (subject to satisfactory completion of customary checks).

Stephen Karle, Chairman of Morses Club, said “Andy has been instrumental in building Morses Club into the UK’s second largest HCC lender and guiding the Company through its successful flotation in 2016. His analytical skills and financial judgement have been invaluable over the past ten years. On behalf of the Board, I would like to thank Andy for his efforts and look forward to working with him in his capacity as a NED. The Board has conducted a thorough process to identify a suitable successor and is pleased to have attracted a number of quality candidates.”