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
Andrew Howson joins the firm from EY, bringing experience in advising private equity and corporate clients across multiple sectors in the UK and Europe
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'