BusinessCompany NewsNetstore appoints Memory as CFO

Netstore appoints Memory as CFO

Security and outsourcing provider brings in David Memory to be the financial brains after resignation of Ian Daly

David Memory has been hired as Netstore’s new CFO.

The
company
said: ‘Netstore plc a leading provider of IT security and IT outsourcing to the
mid-market announces the appointment of David Memory as CFO with effect from 17
September 2007.’

The AIM-quoted corporate said that Memory will assume financial control as of
today.

Memory,a chartered accountant, was previously Group FD of Tie Rack for 12
years, steering the company through a public to private transaction and the
subsequent sale earlier this year.

The incoming FD, who was also at PricewaterhouseCoopers for 15 years replaces
Ian Daly who resigned last month.

Netstore CEO Graham Kingsmill said: ‘I am delighted that David is joining our
team, his strong financial management background and experience working with the
City will be a great asset to Netstore. David will be focused on supporting the
planned improvements in our operating process and investment program that is
needed to support increased demand from both new and existing customers.’

Further reading:

Outsourcing:
source of comfort

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