LSL finance director steps down

PROPERTY services company LSL said that Dean Fielding had decided to step down as group finance director in order to pursue "other personal interests".

The York-based company thanked Mr Fielding "for his exceptional contribution to the business over the past 15 years, particularly during the past eight years as group finance director".

The board said Steve Cooke would take over as group finance director on July 1. Mr Fielding will step down from the board on that date but will work with Mr Cooke for a handover period, including the publication of the interim results on August 4.

Mr Fielding is expected to leave the business on August 30.

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LSL said Mr Cooke has held a number of senior PLC and private equity roles.

He joins from Bestinvest, the Independent Financial Adviser backed by 3i, where he has been for the past two years. He joined as chief financial officer and was later appointed chief operating officer. Before this he was chief financial officer of Mapeley PLC and Energis where he was part of the successful turnaround team.

Having qualified with Coopers and Lybrand, his early career was spent in retail in senior financial roles at B&Q and Homebase.

Mr Fielding said: ''I feel proud to have been associated with the group during a period of rapid growth and innovative development, including the MBO and subsequent IPO."

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Chief executive Simon Embley said: 'I extend to Dean both my thanks for all he has done and my best wishes for the future. I am delighted to welcome Steve to LSL. He brings vast knowledge and expertise from his profession and also his commercial experience. I have no doubt he will make a valuable contribution to the exciting growth plans at LSL.'

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