Virgin Money's CFO steps down
Lee Rochford will step down from his role as Virgin Money’s chief financial officer, the retail banking services provider said on Tuesday.
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Rochford, who joined the FTSE 250 group to lead it through its initial public offering, has decided to step down to “develop his career outside Virgin Money”, according to a company statement.
Former Virgin Money CFO Dave Dyer will undertake the role for an interim period, the group said, adding the search for a replacement was already underway.
"I would like to thank Lee for his contribution, both to the board and as chief financial officer, and wish him well for the future,” said group chairman Glen Moreno
“We are well-placed to find a talented successor to take the business forward."
Virgin Money shares were down 4.24% to 406.60p at 0900 BST on Tuesday.