The equity crowdfunding platform Crowdcube has announced the first in a string of new senior level appointments: Bill Simmons as Chief Financial Officer (CFO).
Simmons, who will be based at Crowdcube’s UK headquarters in Exeter, Devon, began his career as a chartered management accountant before joining Ask.com as Head of Financial Planning & Analysis. He has also held senior financial management roles at Myspace and Rated People, and has been involved in a broad range of start-ups and early stage businesses in the online, digital and technology sectors. He joined Crowdcube late last year.
In his new role, Simmons will focus on managing growth and overseeing the allocation of funding raised by the company, including its recent £3.8m investment from Balderton Capital and £1.2 via its own fundraising platform.
“Crowdcube is an incredibly dynamic environment, which has doubled in size in recent months,” said Simmons of the appointment. “Having worked at a number of start-ups and high growth businesses, I know that managing such rapid growth is one of the most challenging but exciting parts of the job. But mostly I enjoy working for companies that look to challenge the status quo and shake up established ideas.”
Luke Lang, co-founder at Crowdcube, added: “Bill is a real asset to have on board and is one of a number of senior and very talented individuals to join us recently and help grow the executive team. He’s passionate about start-ups and his experience working with similar fast growth companies and helping manage that growth effectively will be particularly important as we continue to expand our operations here in Exeter, London, Scotland and overseas.”
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