PracticeAccounting FirmsOnline gaming company Jagex to appoint new CFO

Online gaming company Jagex to appoint new CFO

Jagex, the maker of the successful online game RuneScape, is set to bring its finance function in-house with the appointment of a chief financial officer

RuneScape, Jagex

Jagex’s successul game, RuneScape

The company, which made pre-tax profits in 2006 of £10.2m, is currently on
the look out for a CFO with experience of creating a finance department with
senior finance experience.

Jagex currently outsources all aspects of finance. Newly appointed chief
executive Geoff Iddison intends to have a finance function in place within the
next three months.

The subscription online sword-and-sorcery game had more than 10 million
players last month and is largely owned by the original designer Andrew Gower.
Venture capital firm Insight Venture Partners also owns a 35% stake.

Iddison, who was previously at eBay’s PayPal, says it is high time the
finance function came in house, adding that the company is on a growth path.

Iddison, who has a three-year plan for the Cambridge-based company, said that
it‘doesn’t need to raise any more money; we have enough for organic growth’.

For more information go to jagex.com

Related Articles

British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

2w Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

2w Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

2w Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

3w Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

1m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

1m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor
Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

Accounting Firms Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

2m Karen Baxter, Lewis Silkin