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NEUTRAL

The Revel Collective Plc Appoints New CFO

Why we think this is neutral

The announcement is a routine directorate change, with the appointment of a new Chief Financial Officer. While this is an important operational update, it does not contain any financial or trading information that would significantly impact the company's performance or outlook.

Key Points

  • The Revel Collective Plc has appointed Matthew Fowler as Chief Financial Officer, effective from 16 June
  • Matthew Fowler is an experienced public markets CFO, having most recently held the same position at musicMagpie plc and genedrive plc
  • Danielle Davies will remain in the business in the short term to effect an orderly transition of her responsibilities

Summary

The hospitality group has appointed an experienced public markets CFO to its leadership team.

The Revel Collective Plc, a leading operator of premium bars and gastro pubs, has appointed Matthew Fowler as its new Chief Financial Officer, effective from 16 June. Matthew is an experienced public markets CFO, having most recently held the same position at musicMagpie plc until April this year, and prior to that genedrive plc. The company noted that Danielle Davies will remain in the business in the short term to effect an orderly transition of her responsibilities.

GENERAL UPDATE