Property company Hawtin loses FD of 20 years

Property investment company, Hawtin, has announced that is finance director of 20 years is stepping down to pursue other interests, with the chairman to oversee the finance function until a replacement is found.

Stephen Morgan, who qualified with KPMG, has been with the company since 1989 when he joined as group accountant. He was promoted to company secretary in 1998.

Hawtin has recruited Nicola Crickmore, who qualified with BDO Stoy Hayward, as company secretary and financial controller following Morgan's departure effective immediately. Crickmore was previously a board director for property group Newport Holdings which chairman of Hawtin, Bob Carlton-Porter, was previously executive director for.

Hawtin's has said that all financial matters will be overseen by Carlton-Porter, who is a former finance director of English China Clays and previous chairman of the Association of Corporate Treasurers, for the immediate future.

The company has said that Morgan is to pursue other business ventures when he steps this week.

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