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CFO Of Irish Forecourt Retailer Applegreen Steps Down

By Steve Wynne-Jones
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CFO Of Irish Forecourt Retailer Applegreen Steps Down

Irish petrol forecourt retailer Applegreen announced today that its CFO, Paul Lynch, had decided to step down.

Lynch started in the position in July 2014 and became a board member in August 2014.

The company said that he played an 'influential' role in planning and managing Applegreen's listing on AIM and ESM in June 2015. In addition, he led the finance and IT segments and built and managed investor relations.

CEO Bob Etchingham said: "On behalf of everybody in Applegreen, I would like to thank Paul for his considerable contribution to the development of the business.

"He played a pivotal role in the IPO and has considerably enhanced the finance and IT function which has been of significant benefit to the company. We wish him well in the years ahead."

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Applegreen, which is expanding its presence as a petrol forecourt retailer in the UK and the US, reached €70 million on its IPO on the Irish Stock Exchange in June 2015.

It won the prestigious 'Star of 2016' honour at the European Small & Mid Cap Awards in November, which honoured corporate citizenship and performance among many newly-listed mid-cap companies across Europe.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Karen Henderson. Click subscribe to sign up for ESM: The European Supermarket Magazine.

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