Martin Stewart appointed as The FA's Chief Financial Officer

Thursday 28 Jan 2016
Martin Stewart appointed as The FA's new Chief Financial Officer

The FA has appointed Martin Stewart as its new Chief Financial Officer, following the departure of Andrew Crean after three highly successful years in the post.

Stewart, who will take up his new role in February, has a wealth of experience across a number of different sectors. 

Most recently he was appointed as a non-executive director of TV broadcaster OSN, is a non-executive director and Audit Committee Chair at the London 2017 World Championship Athletics Organisation and the lead non-executive director of the Department of Energy & Climate Change.

Prior to this, Stewart has been CEO of Eurotaxglass Ltd, Director General of Ono in Spain and CFO for Sky and EMI. He recently stepped down from the board of Satellite Information Services (SiS) Ltd where he served as a non executive director and Chair of the Audit Committee, and has also previously served as a non executive director and Chair of the Audit Committee on the board of The London Organising Committee of the Olympic Games and Paralympic Games and on the board of Kabel Deustchland in Munich.

Martin Glenn, FA Chief Executive said: "I am very pleased to be welcoming Martin to The FA. He has impeccable business credentials and will bring his wide range of financial knowledge and know-how to bear at what is a very significant moment for the organisation. 

"I know he is looking forward to the challenge and the lead role he will play in helping the senior management team to realise some ambitious targets in the years to come.

"I would also like to pay tribute to Andrew's work over the past three years. He has achieved much, not least completing the refinancing of Wembley Stadium and the delivery of notable cost savings across the business. 

"Indeed, our most recent financial statements have seen us announce record annual reinvestment back into the game of £117m. I know Andrew will approach his next challenge with the same passion and commitment."

Crean, who previously spent three years as CFO at The Jockey Club and a decade with Compass Group as Finance and Commercial Director of its £300m turnover Sport Leisure & Hospitality Division, was an instrumental figure in seeing through The FA's recent restructure and, with Wembley's sound footing and the senior personnel changes complete, recognises the time is right for a new challenge. He will leave at the end of March.

He said: "I have thoroughly enjoyed my time working at The FA leading up to this month's strong financial statements reported for the 2014-15 season. 

"I believe I leave with the organisation in great shape to build on what is now a very secure and healthy picture. 

"I would also like to thank the tremendous staff, particularly in the finance division, for their support. My very best wishes go to Martin and the senior management team in future."

By FA Staff