CITY MOVES | WHO’S SWITCHING JOBS
Pace
Pace has appointed Roddy Murray as its new chief financial officer as part of chairman Allan Leighton’s overhaul of the ailing set TV top-box maker. The firm, which issued a string of profit warnings last year, said Murray will take over from Stuart Hall on 6 March, who is leaving after five years in the role. Chief executive Neil Gaydon and chief operating officer David McKinney have also left the firm since December. Murray joins from the plumbing and heating group BSS, which was taken over by Travis Perkins in 2010.
Rentokil Initial
Angela Seymour-Jackson, the former head of RAC Motoring Services, has been appointed as non-executive director of Rentokil. Seymour-Jackson, who resigned as chief executive of RAC in December after just a year in the role, will take up her position on 5 March, the pest control company said in a statement on Friday. Seymour-Jackson is a member of the Chartered Institute of Marketing and the Chartered Insurance Institute. She has also held roles as distribution director at Aviva UK Life and Norwich Union Insurance.
Wainbridge
Wainbridge has launched a super-prime residential development and investment arm that will cater for demand from wealthy investors for luxury properties in areas including London, New York, Paris and the South of France. The real estate company said Christophe Leriche, former Hines senior project director, has been hired as the head of France at the new investment vehicle, Wainbridge Estates. Leriche’s appointment will also help provide further access to “value-added” office based investment opportunities in the Parisian market, Wainbridge said in a statement. Leriche spent 17 years at Hines in a various number of senior roles and previously worked for Bouygues Immobilier for six years.
LPM Outsourcing
LPM Outsourcing (LPMO), has promoted operations and client accounts director Madeleine Bowd to the role of managing director. LPMO is a specialist in back office administration for the leasing and asset finance sector and a subsidiary of Five Arrows Leasing group, the asset finance arm of Rothschild banking group. Bowd joined the firm 25 years ago after spending three years working in various positions within the operations department of Xerox finance. “I am pleased to be selected for this challenging new position, as the leasing industry increasingly looks towards outsourcing to cut costs and improve service levels”, she said in a statement.