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CLS Holdings CFO to step down

(Sharecast News) - Commercial property investor CLS Holdings revealed on Thursday that Andrew Kirkman will step down as chief financial officer, with effect from 5 January.

Kirkman will be replaced by Harry Stokes, who most recently served as commercial finance director at Segro.

The FTSE 250-listed firm noted that Kirkman will stay on with the group until the end of January in order to facilitate an orderly handover.

Lennart Sten, chairman of CLS, said :"We are delighted to welcome Harry to the Board. He brings a wealth of property experience and skills, and will be a strong addition to our leadership team.

"Harry's proven experience will assist us to deliver our strategy as we enter a new phase of the property cycle. On behalf of the board, I also wish to thank Andrew, who has done an excellent job as CFO over the last six years and wish him well in his future endeavors."

As of 0955 GMT, CLS shares were down 0.17% at 59.90p.

Reporting by Iain Gilbert at Sharecast.com

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