Ex-1825 CEO exits Royal London for Chesnara citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.
EXECUTIVE CHANGES: New CEOs at Chesnara, Concurrent, Mode, Greencare
Wed, 12th May 2021 15:27
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:
Petrofac Ltd - Jersey-registered, London-based provider of oilfield services - Chief Financial Officer Alastair Cochran resigns from Petrofac to take up a new role on September 1. Petrofac promotes Treasurer & Head of Tax Afonso Reis e Sousa to CFO and the board. Alastair has pioneered our transformation back to a capital-light business and leaves Petrofac strongly positioned for efficient and effective execution as markets recover and we rebuild our order book, says Chief Executive Officer Sami Iskander. A former Royal Dutch Shell PLC executive, Iskander joined Petrofac in November and took over as CEO in January.
Luke Savage, Chairman, said: John has made a significant contribution to Chesnara during his tenure, not least to the group s excellent financial track record. He will continue at the helm for the intervening period and ensure that there is a seamless handover to his successor. Both John and I will carry on delivering and progressing the group s strategic objectives and initiatives. So, for our customers, shareholders, staff and other stakeholders, it will feel like business as usual given Chesnara s continued commitment to its existing strategy.
John Deane, Chief Executive said: After six years at Chesnara and supporting the chairmanship change from
Stimulus Money for Homes? Biden Wants $25,000 for Some First-Time Homebuyers
President Biden has proposed a piece of legislation called the Downpayment Toward Equity Act of 2021. The bill proposes $25,000 for some first-time homebuyers, but only those who are first-generation homebuyers, and are economically disadvantaged.
President Joe Biden has proposed a piece of legislation called the Downpayment Toward Equity Act of 2021. The bill proposes $25,000 for some first-time homebuyers, but only those who are first-generation homebuyers, and are economically disadvantaged.
According to an overview of the legislation by the National Council of State Housing Agencies, the Downpayment Toward Equity Act takes the form of a grant program for states, while it’s not been determined exactly how much funding the program will receive. The program, if the bill is passed, would be administered by the Department of Housing and Urban Development.