LONDON: Together Financial Services Limited, one of the UK’s leading specialist mortgage and secured loan providers, announced that Gerald Grimes is to join the business as Group CEO Designate and be appointed to the Group Board as an Executive Director, effective from the 6th April 2020.
Gerald Grimes has over 30 years of financial services experience having held senior roles in a number of organisations including Barclays, GE Capital, The Funding Corporation, Hitachi Credit and most recently PCF Bank.
In addition, he has, until recently, served as a board director of the Financial Leasing Association (previously Chairman), as a member of the Bank of England Advisory Board, and has an advisory role with the FCA Small Business Practitioner Board.
Gerald will support Henry Moser, founder and Group CEO, for a period of 12 – 18 months before assuming the role of Group CEO, providing for an extended transitional period at the end of which Henry Moser will step down as Group CEO but remain an Executive Director of the Group Board.
Mike McTighe, Group Chairman, commented: “We are delighted to welcome Gerald to Together. He brings significant and valuable experience at an executive management level, increases the breadth and bandwidth of the Executive team and provides a clear succession plan for Henry Moser.
Henry and Gerald Grimes have spent a great deal of time together over the past many months and I am confident that they will make a great team as the company moves into its next phase of development.
This appointment, along with the recent appointments of John Hooper and Liz Blythe as non-executive directors of the Together Personal Finance Board, further strengthens our governance model.”
Henry Moser, Founder and Group CEO, added: “I am excited to announce Gerald as my successor as CEO. Having founded this Company many years ago, it is now time for me to think about succession and take a small step back.
I intend to remain actively involved in the business whilst ceding my CEO role to Gerald after a sensible transition period. Together is a special business with a unique character and culture. Gerald understands that and is the right person to take the Group forward.”
Gerald Grimes, Group CEO designate commented: “Having known the Together business for a number of years, I am delighted to be working with the team to build on the impressive legacy created over the last 45 years.
We are looking forward to continued growth as we seek to enhance our processes through better use of technology, building a sustainable platform that delivers market leading service and appropriate funding solutions to our customers and intermediaries.”
