Brinkley FD and CEO step down

Troubled mining company sees top two execs leave

Written by Rachael Singh

The finance director and chief exec have both stepped down at Brinkley Mining with the company yet to announce any successors. The company stated earlier this year it was required to make an acquisition which could constitute a reverse take-over and if it failed to create an investment strategy by December, the company’s ordinary shares would be suspended from trading on AIM. It also reported, if the strategy was not implemented by June 2010, the company would hold a shareholders’ meeting to consider whether or not to seek other investment opportunities or to wind up the company and distribute any surplus cash back to shareholders.

Mark Fresson, the FD, joined Brinkley in August 2008. Prior to that he was head of tax at derivatives brokers Bache Commodities, where he spent over five years. He trained with Touche Ross and also worked as head of tax and accounting at Nomura International for over four years.

Advertisement

Other industry moves include Marcus Leek, who takes on the FD role at voucher and coupon company Valassis. Leek has specialised in industry rather than practice and held senior finance roles at Sainsbury’s, Caudwell, Torex Retail and Jenks Holdings. He replaces Tony Oliver who has left the company to take up a FD role at recruiters Pulse Staffing.

Another accountant who has walked down the industry path is Mike Fryer who takes up a financial controller role at primary care premises developer MedicX. He joins from Feather and Black, the furniture company, where he was FC and was group financial controller at computer parts manufacturer SSD Drives Group.

  • Have your say
  • Send to a friend
  • Share
  • Print

Comments

Also read

White papers

Related jobs

More Accounting jobs

Spotlight

Lloydspharmacy FD Andrew Willetts

Profile: Andrew Willetts, Lloydspharmacy

Juggling retail outlets, NHS contracts and shrinking prescription revenues is...

Legal advice: the loneliest executive?

The incredible demands placed on today’s FDs can make some...

Recruitment: the chief challenge

Whether there is a second dip to come or the...

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Following the PBR, who do you think should reside in No. 11?
Alistair Darling
George Osborne
Vince Cable

Advertisement

Search white papers

Search white papers

Advertisement

Advertisement