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Empresaria CFO Tim Anderson takes leave of absence as review continues

ALN

Empresaria Group PLC on Wednesday said Chief Financial Officer Tim Anderson is taking a leave of absence from the business.

The Crawley, England-based staffing provider said it looks forward to welcoming back Anderson in due course but in the meantime is putting in place cover arrangements to ensure continuity.

The board has started the hunt for an interim non-board finance consultant who will take responsibility for Anderson’s duties during his absence, while work on results for 2025 and budgeting for 2026 is progressing.

In October, Empresaria said a newly appointed board, led by Joost Kreulen, would conduct a thorough review of operations to address commercial challenges faced by the group.

This came shortly after the company ousted Chief Executive Rhona Driggs and Chair Penelope Freer.

An attempt to buy the company by Legacy UK Holdings in September failed after the suitor said it didn’t think it had enough support from the new board or shareholders.

On Wednesday, Empresaria said the current review is ongoing and it anticipates updating shareholders early in 2026.

‘The board continues to believe that the group has significant untapped potential and has the teams in place that can unlock this potential,’ it said in a statement.

Shares in Empresaria were 7.7% lower at 24.00 pence each in London on Wednesday.

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