Safestore Holdings plc (LON:SAFE) has announced that Andy Jones has notified the Board of his intention to retire from his role as Chief Financial Officer and as a director of the Company. Andy will continue in his role until the transition to his successor is complete.
The Company will be commencing an external search for Andy’s replacement.
Andy joined Safestore in May 2013. For over ten years, he has been instrumental in helping deliver the Company’s strategy, significantly expanding its store portfolio and entering four additional geographies. During his career with Safestore, he has overseen a period of sector leading growth and shareholder returns, with revenue increasing by 120%, EPS by 330% and market capitalization by 575%.
Frederic Vecchioli, Safestore’s Chief Executive Officer, said:
“I and the Board of Safestore would like to sincerely thank Andy for his exceptional contribution and commitment to Safestore over the last ten years. He has been an excellent and trusted support to me and instrumental in delivering the market leading progress of the business in that time. I wish him well in his retirement.”
Andy Jones, Chief Financial Officer added:
“It has been a privilege to be part of Safestore’s progress since 2013. Safestore is an outstanding Company with a fantastic team and an exciting future ahead. I will be staying with the business until the transition to my successor is complete, and I look forward to watching the business continue to grow over the years ahead.”
