Fidessa names Andy Skelton CFO

Fidessa Group plc (LON:FDSA), provider of trading, investment and information solutions to the financial industry, today announced the appointment of Andy Skelton as Chief Financial Officer with effect from October 26, 2015.

Mr. Skelton will replace Andy Malpass who, in tune with a previous announcement from February 2014, will be retiring. Andy Malpass will step down as Chief Financial Officer on 26th October but will remain an executive director until the announcement of the 2015 preliminary results in February 2016, to secure a well-managed handover.

Since July 2011, Andy Skelton has served as Deputy CFO at CSR plc, a global fabless semiconductor company which, which was recently acquired by Qualcomm Incorporated. Before that Mr Skelton was with Ericsson where he held a number of senior finance positions. He qualified as a chartered accountant in 1994.

Commenting on Andy’s appointment, John Hamer, Chairman of Fidessa, said:

“Andy is a very high calibre individual with strong finance and commercial skills alongside substantial experience in the technology sector. Andy will be an exceptional addition to our management team and is ideally suited to help lead Fidessa in the next phase of its development.”

“I would like to take this opportunity to thank Andy Malpass for his outstanding contribution to Fidessa over the past 20 years. Andy has helped to lead Fidessa through a period of exceptional growth and development and the board is very grateful to Andy for his many years of dedicated service, and we all wish him well for the future.”

Andy Skelton’s remuneration package will consist of a basic salary and variable incentive arrangements which are in line with Fidessa’s current remuneration policy and practice.

Detailed information on the remuneration package will be disclosed in the relevant Annual Report on Remuneration.

To view the official filing with the London Stock Exchange, click here.

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