Graham Ferguson to step down as First Derivatives’ CFO
First Derivatives plc (LON:FDP) today announces that Graham Ferguson plans to step down as Chief Financial Officer and from the Board on January 1, 2021.
Ryan Preston, the Group’s Deputy Chief Financial Officer, will be appointed Chief Financial Officer and join the Board on that date. Mr Ferguson will continue as a full-time employee until 30 June 2021 to ensure a successful transition and to assist with a number of initiatives related to the Group’s growth strategy.
Graham Ferguson joined the Board in his current role in 2008 and has played a central role in the development of the business since. He is leaving to devote more time to his other interests including providing consulting services to Northern Ireland-based SMEs to assist their development.
Ryan Preston was formerly Chief Financial Officer of Independent News & Media plc and at OVO Energy Retail, having spent the early part of his career in senior finance roles at Tesco, including Group Finance Director, Europe. He was appointed Deputy Chief Financial Officer at FD in January 2020.
Graham Ferguson commented:
“I’ve seen FD grow from a business in Newry with great ambition, to business-leading innovation in streaming analytics at a global scale. This development is a testimony to the quality of the people I have had the pleasure to work with over with the years and it has been wonderful to be part of this journey. In Ryan, I believe that the Group has a CFO who will be a valuable addition to the FD team and assist in delivering the next phase of growth.”