Restructuring expert Felton-Smith joins Cattles as FD
Cattles brings in Felton-Smith as finance director, as the company plans to offer shareholders a penny a share
has appointed Paul Felton-Smith as its finance director, from its AGM on 29
He is experienced in helping companies enter into financial restructuring.
Previous roles include turnaround director of Choices UK, chief restructuring
officer at MICE Group and finance director of Highbury House.
The company is looking to restructure through selling off into a private
business, offering shareholders a penny in the pound.
Cattles shares were suspended last year and an investigation by Deloitte
found bad debts had been misbooked. Seven directors were removed and the
chairman and chief executive resigned.