FD Hockley to leave Five
Finance director David Hockley to leave Five as Richard Desmond's Northern and Shell culls the management team of its new acquisition
Finance director David Hockley to leave Five as Richard Desmond's Northern and Shell culls the management team of its new acquisition
Five
finance director David Hockley is leaving the broadcaster as part of sweeping
board changes by its new owner Richard Desmond.
Hockley, who joined Five as financial controller in 1999, joins seven other
executives leaving the company as part of a cost reduction programme instigated
by Desmond’s Northern and Shell.
Hockley qualified as a chartered accountant within the audit practice of PwC,
then moved into media with the Financial Times Group in 1994.
Other departures include chief executive Dawn Airey and channel controller
Richard Woolfe. Between 60 and 80 jobs will be lost in the 300-strong
broadcaster.
The executives will remain in their roles until 31 October to help Northern
and Shell manage the change process.
Further reading:
Rok
FD suspended amid ‘failing’ financial controls
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe UK's National Living Wage increase to £11.44/hr demands significant adjustments in payroll and reporting for accountants, impacting compliance, fi...
View articleThe Chartered Institute of Public Finance and Accountancy (CIPFA) has announced the appointment of Owen Mapley as its new Chief Executive Officer (CEO...
View articleThis regulatory update aims to simplify the reporting process, reduce administrative burdens, increase accuracy, and provide real-time reporting capab...
View articleThe modern consumer is tech-savvy, and generally digitally literate. Nowhere is this more evident than within the financial sector; consumers demand r...
View articleEntries are now open for the Accountancy Age 35 under 35 2022 ranking, highlighting the brightest young talent in the accountancy sector Read More...
View articleWith the year nearing its close, Chris Evans, vice president and country manager at Intuit QuickBooks UK, takes the opportunity to reflect on the past...
View articleShowcasing the industry's rising talent, the fourth and final instalment of our 35 under 35 rankings highlights five young UK professionals who are ma...
View articleLive broadcast event specifically for accountants Read More...
View article