Yodel appoints new Chief Financial Officer

Yodel appoints new Chief Financial Officer

UK independent parcel carrier Yodel has appointed a new Chief Financial Officer to drive the business’ continuing growth following its acquisition in February.

Dan Hobden joins from fellow YDLGP consortium member Shift, where he was CFO, following two years at Gett. He served in several roles before being appointed VP of Finance and Operations, taking responsibility for all finance, supply and regulatory relationships in the UK.

Dan has a background in accountancy and investment banking, bringing specialist experience in exploring and analysing investment strategies at the likes of Credit Suisse to his new role.

 Mike Hancox, CEO of Yodel, comments: “Yodel has experienced a sustained increase in parcel volumes in recent years, with parcels volumes up 3% to 191m in 2023. Dan joins us as we continue to expand our consumer-to-consumer and Out of Home (OOH) offerings that have been a significant area of growth as more consumers choose pre-loved goods.

“We are incredibly grateful for departing CFO Stuart Caldwell’s invaluable work in leading the finance team. His work has been instrumental in positioning Yodel strongly for this next chapter, whilst Dan brings a wealth of experience in investment to the role as we explore new avenues to build on our existing growth momentum.”

Dan Hobden, Chief Financial Officer, said: “Having worked closely with Yodel colleagues in recent months, we’ve already achieved a great deal together and I’m excited to be leading a skilled and dedicated team as we look to build on this success. With the support of colleagues and Yodel’s strong position to date, I am very excited about the business’s future prospects and I look forward to exploring new avenues to build the financial support to ensure the organisation’s continued success.”

YDLGP Ltd was formed earlier this year to create a leading large-scale logistics provider, combining Yodel’s parcel delivery expertise with Shift’s innovative AI-driven platform. Alongside the previously acquired Tuffnells brand, the consortium will deliver strong operational efficiencies through technology to continue challenging competitors and expand market share.

For more information, please visit www.yodel.co.uk

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