NEW CFO FOR TEAM17

New CFO for Team17

The chief financial officer of video game developer Team17 is set to step down from the role, to be replaced by a former director at Experian.

Paul Bray joined the business in 2010 and has presided over a significant period of financial progress, culminating in the listing on AIM in May 2018.

Bray has decided to step down and retire, to spend more time with his family. He will remain with the business until 30 November 2018 to facilitate an orderly handover.

Team17 has also announced the appointment of Jo Jones as chief financial officer and a director with immediate effect.

Jones has spent the last ten years at Experian, working across a number of senior finance roles, most recently as finance director of service, solutions, technology & transformation. She has also held a number of finance roles with The Sytner Group number of finance roles with The Sytner Group.

Debbie Bestwick, chief executive of Team 17, said: "Firstly, let me personally thank Paul for his significant contribution to Team17 over the last eight years.  Having supported me through the MBO and more recently our successful IPO, on behalf of everyone here at Team17, we wish Paul and his family well for the future.

"Secondly, let me welcome Jo into the Team17 family, we are delighted with her appointment. She joins our business at an incredibly exciting time and we look forward to her contribution in continuing our successful journey."