BusinessPeople In BusinessCFO of Micro Focus joins Parity board

CFO of Micro Focus joins Parity board

Mike Phillips takes audit committee chairman role at Parity

A FINANCE DIRECTOR veteran has joined the board of IT services business Parity as chairman of the audit committee.

Mike Phillips has ten years experience as a company director and is currently chief financial officer of software company Micro Focus International. He has worked as group FD, then chief executive of IT business Morse until its sale to 2e2 in June 2010, as well as group FD at Microgen for nine years.

He succeeds Nigel Tose who steps down in mid-November having worked on the board for five years.

Chairman Philip Swinstead, said: “I welcome Mike to the board. He has extensive experience, both of the IT sector and of quoted company stewardship and I am delighted that Parity will benefit from this going forward.

“On behalf of the board, I would like to thank Nigel for his valuable contribution to Parity over the past five years and particularly for his support during the last year while the new management has moved the business into less turbulent waters.”

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