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Sage Group names experienced finance boss Jonathan Howell as its chief financial officer from 10 December

Howell was most recently been group finance director of Close Brothers Group for 10 years, and prior to that, was CFO of the London Stock Exchange Group

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Howell has been a non-executive director of Sage since 2013 and chairman of its Audit and Risk Committee

Sage Group PLC (LON:SGE) has named experienced finance boss Jonathan Howell as its chief financial officer (CFO) with effect from 10 December 2018.

The FTSE 100-listed accounting software provider noted that Howell was most recently been group finance director of Close Brothers Group PLC (LON:CBG) for ten years, and prior to that, was CFO of the London Stock Exchange Group PLC (LON:LSE).

READ: Sage Group names Steve Hare, currently its interim COO and CFO, to vacant CEO role

In addition, the group said Howell has been a non-executive director of Sage since 2013 and chairman of its Audit and Risk Committee.

Sage said it has initiated a process to appoint a new independent non-executive director and chairman of the Audit and Risk Committee.

Steve Hare, who took over as Sage’s chief executive officer at the start of November, said: "I am delighted that Jonathan has agreed to become CFO. He brings both considerable experience as a public company CFO as well as a strong understanding of the business.

“This, combined with our shared belief in the vision to become a great SaaS business for customers and colleagues alike makes him a great addition to the executive team."

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