BusinessPeople In BusinessHMRC appoints new CFO

HMRC appoints new CFO

Search for a CFO over as taxman confirms appointment of Simon Bowles

HM Revenue and Customs has appointed Simon Bowles as its chief financial
officer.

A spokeswoman for the department said the appointment was effective from 17
March.

The CFO post was previously held by Stuart Cruikshank until March 2008 and
then in the interim by Phillip Moore who left the post in July 2008.

In November last year, HMRC officials were forced to defend Cruickshank’s
£88,000 payout for breaking his contract.

The House of Commons Treasury Sub-committee criticised the payout, which was
thought to include Cruickshank’s legal advice and ‘outplacement counselling’.

Further Reading:

Lawyer
takes CFO post at Citigroup

HMRC’s
Philip Moore joins Pension Corporation

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