Micro Focus appoints Matt Ashley as CFO

Micro Focus has appointed Matt Ashley as its new chief financial officer with effect from 28 June.

The software company said on Tuesday that Ashley, who was previously CFO of William Hill, brings "considerable" experience to the group. He also held several positions at National Express, including group CFO and president and CEO of the North America business.

Micro Focus chief executive Stephen Murdoch said: "Matt brings a highly relevant mix of operational experience together with a history of delivering significant value creation. He joins our board and leadership team at an important stage in the execution of our recovery plan and we are confident he will make a significant contribution to the business from the outset."

Outgoing CFO Brian McArthur-Muscroft will be leaving the company with effect from 30 June to assume the same position at a technology-based financial services company.