Wednesday 28 September 2016 9:16 am
Party on: Wandisco has hired a new finance chief
Aim-listed big data software company Wandisco has finally named a new finance chief, three months after its previous one was poached by Just Eat. The company, which has headquarters in California and Sheffield, today named Erik Miller as its chief financial officer and said he will join its board with immediate effect.
Miller, who has previously been finance chief of Nasdaq-listed Envivio and satnav firm SigNav, will be based at Wandisco's California office.
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"Erik has strong and successful experience with companies at Wandisco's stage and size," said Wandisco chairman Paul Walker.
"His skills and experience in the software sector and the public equity markets will build neatly upon the strong financial platform we have worked hard to put in place in recent years."
Paul Harrison, the previous incumbent, announced plans to move to Just Eat in June.
Shares in the company plummeted in March as it unveiled a 48 per cent fall in sales for the year to the end of December. However, losses also narrowed to $31m, from $39.4m a year earlier.
Despite that fall, shares have spent the year rising, from a low of 72.8p in January to 210p in early trading today – 1.2 per cent up on yesterday's closing price.