UK-based recruitment firm Cobalt Recruitment announced that it promoted Stephen Shorter from Finance Director to Group Chief Financial Officer.

In a statement, the company said, “Stephen’s elevation recognises the huge role that he has played over the last 5 and a half years, not only in driving the sophistication and effectiveness of Cobalt’s finance function, but also in focusing the wider business around him on the right operational and commercial levers to maximise sustainable growth in directions that have really moved the business forwards.”

James Wakefield, CEO, also commented, “Stephen’s contribution to the development of Cobalt into the highly sophisticated and market-leading recruitment business that we are today cannot be underestimated.  He epitomises our values of integrity, responsibility, quality and delivery and he is a true CFO with a huge role to play in Cobalt’s continued evolution.  Long may he continue to challenge both me, the senior management team and the wider business that he is such an integral part of.”