Clifford Chance has ended its yearlong search for a permanent finance director with the appointment of Stephen Purse, the group finance director of Management Consulting PLC.
Purse succeeds Christopher Merry, who quit in November 2003 for headhunting company Whitehead Mann. For the last year Clifford Chance has had an interim finance director in William Barnes.
Purse has been finance director at Management Consulting PLC since November 2001.
His predecessor Merry was finance director at Clifford Chance for four years in which time he oversaw the firm’s New York and German mergers and its $150m private placement.