Bidstack Group PLC said it will soon start searching for a new chief financial officer after John McIntosh decided to step down.
McIntosh will leave the firm on Thursday to pursue other business opportunities after three years in the role, having joined the in-game advertising group at IPO in 2018.
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He has agreed to join Bidstack's advisory committee so he will remain in the business in some capacity.
While the AIM-listed group looks for a replacement, head of finance Bhavesh Hirani will step in as an interim chief financial officer.
Hirani is a qualified chartered management accountant and has been at Bidstack since November 2020. He was previously at Reward Insight Ltd, Havas and Playphone.
“[McIntosh] has played a key role in strengthening our balance sheet, most recently with our £10.8mln fundraise in July 2021, having raised approximately £27mln since inception, strengthened our leadership team and made significant commercial progress from our formative strategic partnerships with Sports Interactive and Codemasters to our growing portfolio of titles as we scale,” said chief executive James Draper.
"We have attracted a roster of premium brands through our agencies, approved partners and DSPs throughout this period. John leaves the business well capitalised with a solid foundation to build upon, generating increasing revenues across an expanding portfolio of games, and well positioned to attract further games and create additional revenues.”