CMC Markets has a new Chief Financial Officer (CFO), with the online trading provider announcing the appointment of Euan Marshall to its Board of Directors, the company announced this Thursday.
According to the statement released today, Marshall’s new role will be effective from November 1, this year. Currently, he is the Group Head of Finance at CMC Markets and has been the interim CFO since June.
Marshall is replacing Grant Foley, who, as Finance Magnates reported, announced his resignation from the position of CFO and Chief Operating Officer (COO) back in April of this year.
At the time, Foley told the company he was leaving to pursue other opportunities. According to his LinkedIn, he has since joined NoteMachine, a European ATM operator, as the CFO. Appointed to the Board in 2013, Foley’s departure ended his six-year tenure with the UK based firm.
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Marshall, on the other hand, has been with CMC Markets since November of 2011, originally joining as the head of financial planning and analysis (FP&A). Towards the beginning of 2013, he was promoted to the role of head of financial control and FP&A, and in April of 2016, he assumed his current role as the group head of finance.
Matthew Lewis’ appointment confirmed
This Thursday, the trading firm also announced that Matthew Lewis, CMC’s Head of Asia Pacific and Canada, also joins the Board with effect from 1 November 2019. The Board proposed to appoint Lewis to the Board back in April; however, the appointment was subject to regulatory approval.
Commenting on the appointments, Peter Cruddas, Chief Executive Officer, said: “I am delighted that Euan and Matthew are joining the Board of CMC. Euan has been with CMC for eight years, most recently as Group Head of Finance, and has made a significant contribution since taking up the interim CFO role in June this year.
“Matthew was instrumental in leading CMC’s transformational partnership with ANZ Bank and both he and Euan will play key roles in our strategic plans to grow and diversify the business.”