No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Safestay announced the appointment of Carlos Salas Dual as its chief financial officer on Thursday, with effect from 30 June, replacing Paul Hingston, who had resigned after three years in the role.
The AIM-traded firm said Dual is a chartered certified accountant with extensive experience in senior financial management positions across multiple sectors.
He most recently served as group financial controller at Gibraltar-based MH Bland Group and previously held senior financial roles at Fairhomes Real Estate Group, cosmetics firm KF Beauty, and pharmaceutical giant GSK.
"On behalf of the board, I would like to thank Paul for his contribution over the last three years and wish him the very best for the future," said chairman Larry Lipman.
"I would also like to welcome Carlos.
"I am confident that his extensive experience will be invaluable as we continue to explore the expansion of our portfolio of premium hostels and, where appropriate, seek to crystallise value for shareholders."
The company confirmed that Salas Dual held no shares or options in Safestay, and had no current or prior directorships requiring disclosure under the AIM rules.
At 1424 BST, shares in Safestay were down 5.27% at 23.21p.
Reporting by Josh White for Sharecast.com.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.
