Northern Bear appoints Tom Hayes to Board as Finance Director, and names Steve Roberts as Executive Chairman

– UK – Northern Bear is pleased to announce the following changes to its board of directors, effective immediately:

Howard Gold is stepping down in his capacity as Non-Executive Chairman of the Company, after five years in the role, in order to focus more on other business commitments.  Howard has guided the Group through difficult circumstances in his time as Chairman including a severe recession and a major restructuring process.  He will remain on the Board as a Non-Executive Director and looks forward to his continued involvement with the Group.

Steve Roberts, currently Finance Director, has agreed to step up to the role of Executive Chairman with immediate effect.  Steve has been a Director of the Company since its inception and has played a key part in assisting Graham Jennings (Group Managing Director) and the Board with restructuring the Group since his appointment as Finance Director in October 2009.  Steve’s extensive experience with the Company makes him an ideal candidate for the position and the right person to guide the Board in delivering its strategy going forward.

Tom Hayes has been appointed as Finance Director with immediate effect and will join the Company Board as an Executive Director.  Tom is a Chartered Accountant and has substantial experience within ‘Big 4’ firms in both Assurance and Corporate Finance services.  He has been involved with the Group since January 2008 and has previously worked in both divisional and Group finance roles.

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