LONDON (ShareCast) - (Sharecast News) - Safestay announced the appointment of Carlos Salas Dual as its chief financial officer on Thursday, with effect from 30 June, replacing Paul Hingston, who had resigned after three years in the role.
The AIM-traded firm said Dual is a chartered certified accountant with extensive experience in senior financial management positions across multiple sectors.

He most recently served as group financial controller at Gibraltar-based MH Bland Group and previously held senior financial roles at Fairhomes Real Estate Group, cosmetics firm KF Beauty, and pharmaceutical giant GSK.

"On behalf of the board, I would like to thank Paul for his contribution over the last three years and wish him the very best for the future," said chairman Larry Lipman.

"I would also like to welcome Carlos.

"I am confident that his extensive experience will be invaluable as we continue to explore the expansion of our portfolio of premium hostels and, where appropriate, seek to crystallise value for shareholders."

The company confirmed that Salas Dual held no shares or options in Safestay, and had no current or prior directorships requiring disclosure under the AIM rules.

At 1424 BST, shares in Safestay were down 5.27% at 23.21p.

Reporting by Josh White for Sharecast.com.

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