– UK, Manchester – Frenkel Topping (AIM:FEN), the provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards, is pleased to announce that Mr. Greg McMahon will join the Board as a Non-Executive Director of the Company with immediate effect. Mr. McMahon has over 15 years’ experience of working as company secretary and head of legal services for UK listed companies, as well as having considerable board level experience.
Mr. McMahon is currently Company Secretary and General Counsel at Mitchells & Butlers plc, a FTSE 250 company which is the largest operator of managed restaurants and pubs in the UK. Mr. McMahon’s principal responsibilities include managing all legal and corporate governance matters, company secretarial functions and responsibilities for food safety, health and safety, security, licensing compliance and retail control functions as well as having management oversight of internal audit and insurance. Mr. McMahon is a member of the Mitchells & Butlers Executive Committee and also chairs the Mitchells & Butlers Risk Committee. In his most recent previous role he was Company Secretary and Head of Legal Services at Wm Morrison Supermarkets plc. Prior to this he was Group Company Secretary and Head of Legal Services as Assura Group Limited, and Group Company Secretary and Head of Legal Services at Airtours plc/ MyTravel Group plc. Mr. McMahon has also worked for Thomas Cook Group plc as Group Company Secretary and PLC Legal Services Director.
Commenting on the appointment, David Southworth, Chairman of Frenkel Topping, said: “The Board is delighted that Greg is joining the Board as a Non-Executive Director. We will benefit greatly from his experience in not only company secretarial knowledge, but also his legal and compliance understanding. Greg’s appointment is particularly timely at this stage of the Company’s development, as Frenkel Topping focuses on continuing its successful implementation of the legal reforms and considerable changes to benefits entitlement which occurred in 2013 to the business. Greg will also be of great assistance as the Group continues to grow its Funds in Investment Management Service beyond £0.5 billion.
“We very much look forward to working with Greg and to the strategic guidance that he will bring to Frenkel Topping as we continue to progress through an important stage of our business.”
About Frenkel Topping
Frenkel Topping Limited (“Frenkel Topping”) is the trading subsidiary of Frenkel Topping Group Plc.
Frenkel Topping provides specialist independent financial advice on the investment of personal injury damages and clinical negligence awards. Frenkel Topping offers a complete service for all personal injury claims handlers, lawyers and individual clients, dealing with awards from tens of thousand pounds to multi-million pound cases. Frenkel Topping’s expertise includes asset protection, bespoke investment portfolios, analysis of periodical payments, Court of Protection portfolios and provision and setting up of trustee and receivership bank accounts. Frenkel Topping has over £0.5 billion of clients’ funds in its investment management service.
The Group’s strategy is to continue to grow its Funds in Investment Management Services organically and to maintain steady levels of recurring revenues at their current high levels of circa. 70%. The Group’s strong market position means that it is well poised for future growth.
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