REG - B.P. Marsh &Partners - Directorate Change

B.P. Marsh & PartnersAnnouncement

05/09/2024 14:00

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RNS Number : 1156D  B.P. Marsh & Partners PLC  05 September 2024

5 September 2024

 

B.P. Marsh & Partners Plc

("B.P. Marsh" or the "Company")

Directorate Change

 

B. P. Marsh (AIM: BPM), the niche venture capital provider to early stage
financial services businesses, announces today that Jonathan Newman has
resigned as a Director, Group Finance Director and employee of B.P. Marsh with
immediate effect. After a successful 25 year tenure at the Company, Jon has
decided to take a break in order spend some much needed time with his family
before embracing his next challenge. Whilst the Company is very sad to see him
go it supports him in this decision.

 

Francesca Chappell née Lowley has been appointed as Chief Finance Officer (a
non-Board appointment) with immediate effect. Fran has been working alongside
Jon since January 2013, and qualified as a Chartered Accountant in July 2018,
becoming a Fellow in August 2023. Subject to regulatory clearance being given,
the intention will be for Fran to be appointed to the Board of the Company at
the earliest opportunity, and she will continue to serve on the board of the
Company's operating subsidiary B.P. Marsh & Company Limited, which she has
done since June 2018.

 

Brian Marsh, Founder and Chairman, commented:-

 

"We are immensely grateful for Jon's valued contribution to the Company and
its success over the past 25 years. We wish Jon the very best in his next
chapter.

 

"Whilst we are sorry to see Jon leave our executive team, we are of course
supportive of his desire to move on and the Company will look to embrace the
change that this development will bring."

 

The remaining Directors of B.P. Marsh wish to thank Jon for the significant
contribution he has made since he joined the Company in 1999.

 

For further
information:

 

 B.P. Marsh & Partners Plc                           www.bpmarsh.co.uk (http://www.bpmarsh.co.uk/)
 Brian Marsh OBE                                     +44 (0)20 7233 3112

 Nominated Adviser & Broker

 Panmure Liberum Limited
 Atholl Tweedie / Amrit Mahbubani / Ailsa MacMaster  +44 (0)20 7886 2500

 Financial PR & Investor Relations
 Tavistock                                           bpmarsh@tavistock.co.uk
 Simon Hudson / Tim Pearson / Katie Hopkins          +44 (0)20 7920 3150

 

Notes to Editors:

B.P. Marsh's current portfolio contains fifteen companies. More detailed
descriptions of the portfolio can be found at www.bpmarsh.co.uk
(http://www.bpmarsh.co.uk/) .

 

Since formation over 30 years ago, the Company has assembled a management team
with considerable experience both in the financial services sector and in
managing private equity investments. Many of the directors have worked with
each other in previous roles, and all have worked with each other for over ten
years.

 

- Ends -

 

 

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