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PE-backed Fircroft names Hall as new CFO

Fircroft said Wednesday that it has named Stuart Hall as its new CFO. Hall will also join the company’s board of directors. Prior to joining Fircroft, Hall worked at Pace where he also served as its CFO. Fircroft, which is backed by Equistone Partners Europe, is a global provider of technical recruitment solutions.

(PRWEB UK) 2 October 2013

Fircroft are pleased to announce the appointment of new Chief Finance Officer (CFO), Stuart Hall who will be joining the Fircroft board of directors.
Previously Stuart has been employed as CFO at Pace, a global electronics company where he played a crucial role in making the business a global leader in its industry. He worked with the company to increase their revenue to c$2.4billion from c$300million both through acquisitions and organic growth.
Before working for Yorkshire-based Pace, Stuart worked as CFO for IQE, based in Cardiff. IQE manufacture compound semiconductor epitaxy. He has also held Head Finance Direct roles for numerous companies, including Energis and Race Electronics.
CEO of Fircroft, Johnathan Johnson said of the announcement: “Stuart has considerable experience of successfully leading global finance functions and driving improvements in the financial performance and control of a number of successful businesses, so we’re really pleased to have him on board.”
Johnathan founded Fircroft in 1970 and since then has led the company from strength to strength through incredible growth and expansion. Fircroft now has a presence in over 45 countries scattered across the world and during this time it has evolved from the original roots of working with North Sea oil and gas companies into a company respected for its leading technical and engineering recruitment specialists. They work across several sectors including: Oil & Gas, Automotive, Power & Energy, Mining & Minerals and Engineering.
As of 2012 Fircroft turnover increased to £725m (US$1.19bn); a 32% increase in turnover from the year before. This growth was furthered by backing of £140million from private equity firm Equistone Partners Europe in 2012.
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