Proactive Investors - Crossword Cybersecurity PLC (LON:CCSC) today announced the succession of its chief financial officer, with Mary Dowd stepping down from the role on June 30, and Rose Clark taking the position thereafter.
The company, in a statement, highlighted that Dowd has made a significant contribution to Crossword in her six years in the role, such as leading its AIM IPO in 2018, and she is now looking to pursue executive opportunities outside the company.
Clark brings experience of the CFO role, gained in AIM companies, including as Group Finance Director of Jelf Group plc, which acquired 20 businesses over 2 years.
"I would like to thank Mary for her huge contribution to Crossword over the last six years. During that time she has led our admission to AIM, helped the company navigate the financial challenges of the pandemic, executed multiple fundraising rounds and managed three successful acquisitions,” Crossword chief executive Tom Ilube said in a statement.
“Mary has laid the foundation for Crossword's path to profitability this year and our future rapid growth. Mary leaves Crossword with our best wishes for the future.”
Ilube added: "Rose is a highly regarded CFO and leader. Beyond her financial credentials, her experience in rapidly scaling businesses will be especially valuable as Crossword moves towards profitability and enters its scale up stage.
“We look forward to welcoming her to Crossword next month."