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9fin hires Kerry McClelland as VP Finance

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9fin hires Kerry McClelland as VP Finance
  • 9fin has further expanded its senior leadership team by hiring Kerry McClelland as VP Finance
  • The company now has nearly 200 employees across three global offices and continues to grow its team

NEW YORK, June 14, 2024 /PRNewswire/ — 9fin (https://9fin.com/), a news and analytics platform for debt capital markets, has announced the hire of Kerry McClelland as its first VP Finance.

As VP Finance, Kerry will be responsible for shaping 9fin‘s financial operations and strategy as the company continues to scale through 2024 and beyond.

Kerry has a wealth of experience, having previously worked as a CFO for Fiit, a leading B2B SaaS fitness app. She also has a strong understanding of capital markets from her time at HSBC and Europa Capital; this new role marks her return to the world of corporate finance.

This hire comes as 9fin has expanded its team to nearly 200 people, and follows the recent opening of its third global office hub in Belfast.

Kerry will report directly to 9fin‘s CEO and co-founder Steven Hunter.

Kerry said:

“I’m really excited to return to the leveraged finance domain — and what better way to do it than by joining 9fin? It’s a great opportunity to sink my teeth into something new, but in an industry I’m already familiar with, and which perfectly combines my banking and SaaS backgrounds. I’m looking forward to leading a stellar team and building out a strategy that helps us grow sustainably and successfully.”

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Steven said:

“We’ve rapidly grown from a startup of 10 people in a small office in London to nearly 200 employees across three global offices. I’m delighted to welcome Kerry to our leadership team. Her expertise will be instrumental in helping us build a best-in-class finance function and I look forward to working closely with her.”

For more information, or to arrange an interview with Kerry McClelland or Steven Hunter, contact Sanaa Siddiqui, +447421329653, [email protected]

About 9fin

9fin is the faster, smarter way to find intelligence on leveraged credit. Our AI-powered data and analytics platform centralises everything that’s needed to analyse a credit or win a mandate in one place, helping subscribers win business, outperform their peers, and save time. 9fin is trusted by the largest asset managers in the world, leading law firms and advisers in debt capital markets, and nine of the top 10 investment banks.

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Photo: https://mma.prnewswire.com/media/2438770/9fin.jpg

SOURCE 9fin Limited

Finance

FGS Global names global chief financial and operating officer

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FGS Global names global chief financial and operating officer

Mark Harris (pictured) will join FGS Global in September and succeed Ajay Junnarkar, the global CFO who has held the role since October 2019.

Harris is currently executive vice-president and CFO at Nasdaq-listed Heidrick & Struggles. He previously held senior finance roles in the US and Asia at investment firms Hercules Capital and Avenue Capital Group, and earlier at Hutchison Telecoms and outsourcing business VSource Pty.

At FGS Global, Harris will oversee all aspects of the finance function and the Global Technology team, the agency said, and “enhance the firm’s operations by leading our global operating committee”.

Harris will report directly to global chief executive Alex Geiser, who said: “With nearly three decades of experience, Mark’s proven track record of success overseeing global finance operations in numerous industries, including professional service organisations, will be instrumental as we continue to build the leading communications advisory firm for the stakeholder economy.”

FGS, the global strategic advisory and comms firm founded in its current form in December 2021, after the merger of Finsbury Glover Hering and Sard Verbinnen, received new investment in April 2023 from private equity firm KKR in a deal that valued the consultancy at $1.425bn. Finsbury Glover Hering was earlier formed from the merger of WPP stablemates Finsbury, The Glover Park Group and Hering Schuppener.

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Roland Rudd, global co-chair of FGS and one of the founders, said: “On behalf of everyone at FGS, I thank Ajay for his valuable contributions to the company. Ajay made a positive and lasting impact on our business, helping lead FGS through a period of growth and transformation following the combination of Finsbury, The Glover Park Group, Hering Schuppener and Sard Verbinnen – and through the growth investment by KKR in April 2023.”

Harris said: “FGS is a unique consultancy that offers clients a strategic communications and advocacy partner that helps leadership teams navigate complexity, and I am excited and honored to be joining the team at this pivotal time. I look forward to working closely with the executive team and board to help accelerate financial and operational growth and expansion for the next chapter of the business.”

Global revenue at FGS Global grew eight per cent in 2023 to $455.4m, according to PRWeek’s Agency Business Report.

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Councilwoman calling for No Confidence vote on Nashville’s finance, law directors over ‘mishandling’ of funds

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Councilwoman calling for No Confidence vote on Nashville’s finance, law directors over ‘mishandling’ of funds

NASHVILLE, Tenn. (WSMV) – A Metro City Council member is filing a No Confidence resolution for the city’s finance and law directors for “their mishandling of Metro Arts grant funding due to personal grievances and personal relationships.”

Councilwoman Joy Styles has filed the resolution after accusing Metro Director of Finance Kevin Crumbo and Metro Director Wallace Dietz of allegedly mishandling the funds.

Styles claims the Metro Arts grants distribution process was stunted by the duo while they slandered the reputations of the former Metro Arts Executive Director, Executive Director of the Metro Human Relations Commission and a council member.

“The application of equitable award distribution has been at the heart of the chaos,” Styles said in a press release. Several applicants still have not been paid and are required to use their awards by the end of fiscal year 2024, June 30th. The confusion has broken the trust between the city and the arts community and needs to repaired. Accountability and correction is necessary.”

Styles, Arts Equity members, community activists and other council members are set to hold a press conference on Tuesday evening.

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“A culture change is overdue within Metro Nashville government as it pertains to race, equity and anti-racism practices, and the individuals that maintain status quo problems cannot be the same individuals to provide solutions,” Styles said.

Councilwoman Styles, an artist, Elisheba Mrozik and former Metro employee Mike Lacy are set to speak at the press conference.

“Arts Equity Nashville formed in response to severe and deep and manufactured inequities in arts funding in Nashville. That is how we know we are on the right side of history, so we keep up this fight and support Council Member Joy Styles’ resolution of No Confidence in Wally Dietz and Kevin Crumbo for their disrespect towards artists and their allies, their lack of compliance with Title VI and civil rights law, and their continued overreach in dismembering democratic procedures,” Arts Equity Nashville said.

WSMV4 has reached out to both Crumbo and Dietz for comment. Dietz responded with no comment to the councilwoman’s call for a press conference.

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Finance

Structured Finance Pros Rejoin King & Spalding From Milbank – Law360 Pulse

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Structured Finance Pros Rejoin King & Spalding From Milbank – Law360 Pulse

Two attorneys from Milbank LLP are returning to King & Spalding LLP in New York just over a year after they departed the firm….

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