People Moves

FinnCap appoints Richard Charles Snow as CFO

Financial services advisory firm FinnCap has appointed Richard Charles Snow as its new CFO and is expected to join its board in May 2020.

Tom Hayward, FinnCap’s current CFO, will continue to serve on the board as both group COO and managing partner of Cavendish, roles he assumed following the departure of the group’s former CCO last year.

Snow is currently the finance director and compliance officer for finance and administration of the UK law firm Greenberg Traurig, LLP.

He qualified as a chartered accountant with Arthur Andersen in 1991 and moved to the investment banking industry gaining 15 years’ experience in corporate advisory at Charterhouse, Merrill Lynch, Goldman Sachs and Nomura.

From 2006 to 2011 he was also director of M&A and then investor relations at Vodafone Group. From early 2014, he was director of investor relations of Ladbrokes plc and then, from December 2015, he served on its executive committee as acting CFOleading the finance team through the merger with Coral.

FinnCap CEO, Sam Smith, said: “The change of role for Tom and the appointment of Richard significantly expand the capacity of the management team at a key point for the Group. Tom has been an integral part of finnCap’s growth and was instrumental in the Group’s acquisition of Cavendish and subsequent IPO.

“We are very pleased that he will continue to contribute as both Managing Partner of Cavendish and the Group’s COO with a specific focus on the Group’s operating infrastructure.”

He added: “Richard brings substantial experience in finance, investor relations and M&A. We are delighted that he has chosen to join us and look forward to welcoming him to the team. Richard’s previous roles will be invaluable as we continue finnCap’s growth as a full-service financial group.”

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