SAM has appointed Paul Horton as chief financial officer, effective immediately.
Paul qualified as a chartered accountant with KPMG and has since gained considerable experience leading finance teams in public and private equity backed businesses. He has been instrumental in assisting the turnaround of many companies and has 20 years’ experience as a senior finance professional within the manufacturing sector.
Tim Thorsteinson, CEO, SAM, said: "I am delighted that we have been able to secure Paul and I look forward to him making a discernible difference to our financial performance, processes and optimisation. Appointing someone of Paul’s calibre augments the key appointments we have already made in the commercial teams of SAM”.
“Paul has a proven track record of value creation, and his knowledge and experience will be invaluable as we continue to grow and transform SAM,” said Chris Hurley, managing director Lloyds Development Capital and SAM board director.
Horton said: "I'm very excited to be joining SAM. I’ve been impressed with the rich heritage behind the SAM brand and the progress that has already been made in creating an exciting new product offering.”