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Archive for May 15th, 2013
Our clients HPI have recently completed a strengthening of the management team and Forsyth Group are proud to have assisted the company in placing Madhur Srivistar as consumer director with the company.
A new management team has been appointed at HPI, with Roger Evans as the new automotive sales director, and Madhur Srivastava as consumer director. http://bit.ly/12Aqsjv
They are joined by Dominique Horton, who takes the role of chief financial officer, and new head of industry relations, Barry Shorto.
Evans has previously held a number of senior positions, including director of business development and European sales manager for Avis Rent-a-Car, head of developments at the AA, and director of sales North America for Europcar.
E-commerce expert Srivastava joins HPI after founding pay-to-bid auction site, Madbid in 2008. In his role as operations director, Madhur oversaw the growth of Madbid which achieved a turnover of £10-12 million within three years.
In addition to five years in specialist claims management, Horton worked in manufacturing, distribution and utilities industries.
Shorto, who has been with HPI for more than nine years, will be responsible for developing relationships with influencers across the motor, finance and insurance industries as well as with key government representatives.
Valar Ventures is an internationally-focused venture capital firm backed by Peter Thiel. Based in San Francisco, Valar invests exclusively in companies outside of the United States. Valar believes that over the next decade an increasing number of transformative technology companies will be started outside of the US, and that the founders of those companies will benefit from having a US partner that understands their unique challenges and opportunities and can help them access US networks.
Valar Ventures’ recent investment in Transferwise, which we wrote about earlier this week bit.ly/YTsBtg , is a great fit for Valar and Peter who is a member of the PayPal mafia.
This is a great addition to the UK/EU funding ecosystem and a smart move considering how many companies on this side of the pond want access or relocate to the US market.