Wednesday 12 September 2018 9:51 am

IWG chief financial officer Dominik de Daniel to exit firm to ‘pursue other opportunities’

Reporter at City A.M. covering marketing, media, telecommunications and pensions.

Reporter at City A.M. covering marketing, media, telecommunications and pensions.

Shared office provider IWG today said its chief financial and operating officer Dominik de Daniel will leave the company to pursue other opportunities.

The Regus owner said it had appointed Eric Hageman as interim chief financial officer. Hageman has experience as head of finance at a number of listed companies, including TeleCity Group. 

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FTSE 250 firm IWG recently ended speculation over a potential takeover, as last month it ended talks with suitors, sending shares toppling. 

De Daniel's exit also follows the firm issuing a profit warning in June as it said the cost of new sites and a downturn in business in Britain due to Brexit had hit the company. 

Doug Sutherland, chairman of IWG, said:

,On behalf of the board I would like to take this opportunity to thank Dominik for his leadership and significant contributions during his time at IWG.

Completing his third year, Dominik leaves the group with a strong balance sheet to support our growth ambitions. We wish Dominik the very best for the future and look forward to engaging with Eric in his new role.

Chief exec Mark Dixon praised de Daniel for strengthening the firm's financial organisation, attracting talent and growing business in north America. 

De Daniel said: "IWG has a bright future in what has become a hugely exciting growth sector. IWG’s market leading position, unique national networks and global footprint, coupled with recent investments, will allow the group to further realise its full potential. I thank the board for the opportunity and wish IWG and its management team all the best for the exciting journey ahead.”

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