SAM appoints Paul Horton as CFO

SAM has announced the appointment of Paul Horton as chief financial officer with immediate effect. Horton qualified as a Chartered Accountant with KPMG and has since gained considerable experience leading finance teams in both public and private equity-backed businesses.

He is said to have been instrumental in assisting the turnaround of many companies and has 20 years’ experience as a senior finance professional within the manufacturing sector. With the appointment of Paul Horton, the reshaping of the leadership team of SAM is nearly complete.

CEO Tim Thorsteinson commented: “I am delighted that we have been able to secure Paul and I look forward to him making a discernible difference to our financial performance, processes and optimisation. Appointing someone of Paul’s calibre augments the key appointments we have already made in the commercial teams of SAM.”

“Paul has a proven track record of value creation, and his knowledge and experience will be invaluable as we continue to grow and transform SAM,” said Chris Hurley, managing director, Lloyds Development Capital, and SAM board director.

“I’m very excited to be joining SAM,” said Paul. “I’ve been impressed with the rich heritage behind the SAM brand and the progress that has already been made in creating an exciting new product offering.”