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The debt troubled TalkTalk Group, which at this point has been through a demerger of its businesses, several funding deals (here, here and here), job cuts and is currently said to be considering the possible disposal (sale) of its remaining businesses (here), has today announced the appointment of Henry Davies as its new Chief Financial Officer (CFO). Not an easy job, we suspect.
Henry is said to bring extensive experience in leading business transformation and growth. He most recently served for almost ten years as CFO of Circle Health Group, where he led the business through multiple successful refinancing efforts, significant balance sheet restructuring, and an “award-winning cultural and financial transformation“. Previous roles include Group CFO at Mecom Group and Group Financial Controller at DS Smith.
Suffice to say that getting a good CFO is vitally important for TalkTalk and, so far as we can tell, they seem to have picked the right sort of individual, given what they’ve been going through for the past few years. The company’s previous CFO, James Smith, was promoted to the position of Group CEO in September 2024.
James Smith, TalkTalk Group CEO, said:
“On behalf of the TalkTalk Group board, I’m delighted to welcome Henry to the business. He has a wealth of experience that will benefit the Group as we move into the important next phase of our strategic development.
I’d also like to express my thanks to Brian Lochead, who joined us as interim CFO last year to support the business through our post-refinancing transition, and wish him success in his next endeavours.”