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Charles Taylor Finance Boss Lured Away By Private Equity Firm

3rd Apr 2014 06:56

LONDON (Alliance News) - Charles Taylor PLC Thursday said Chief Financial Officer Tito Soso has given notice under his service agreement after being approached by a private equity firm.

The insurance-focused professional services company said Soso will remain on the board until a replacement is recruited.

A search for a successor will begin immediately, Charley Taylor said.

"Tito has made a substantial contribution to Charles Taylor since he joined the business in 2012. He has strengthened our finance team and processes, led the group's refinancing and driven through a number of acquisitions. Tito has been approached by a leading private equity firm to take up a senior leadership role, and we wish him well with this new opportunity," David Marock, chief executive, said in a statement.

By Samuel Agini; [email protected]; @samuelagini

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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