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DRP HIRES NEW CHIEF FINANCE OFFICER
Richard Reed joins local Worcestershire creative communications agency drp as a new chief finance officer. This is a new role for drp, and it is to ensure that the correct procedures and precautions are in place to help manage budgets, transactions and processes in a clear and precise way.
Richard’s main responsibilities will be to support the drp team by overseeing all the financial and reporting responsibilities within the business. Richard is a qualified chartered accountant, with over 20 years of experience. Prior to joining drp, Richard was a finance director for two years at leading international full-service provider PRG XL Video, who specialise in technical expertise and equipment, in the events and entertainment industry.
Richard has worked within industries such as retail, advertising, events and pharmaceuticals, with clients such as GSK, Nestle, Harley Davidson and Heineken.
With an extensive knowledge in finance, Richard has helped set up reporting structures and processes, introducing new methods and ways of working. He has supported several acquisitions and implemented Sarbanes Oxley regulations to a 95% success rate, with consolidations and de-consolidations both in the UK, oversees and many more.
Richard Reed commented, “With my many years of expertise within finance it is vital that we continue to implement and build the financial element into drp. I’m excited for this new chapter and I look forward to being part of drp’s continuing success.”
Dale Parmenter, CEO of drp also commented, “We are delighted to have Richard on board to hit the ground running within our financial department. We have seen nothing but growth over the last year and we wanted to ensure we hired someone who had the expertise and passion to deliver in this compelling role.”