One of the co-founders of Lowell Group – which is now part of pan-European debt purchaser GFKL Lowell Group – is to leave the company later this year.
The group announced today (February 1) that Andrew Bartle, the firm’s current chief operating officer, will leave the business later this year.
GFKL Lowell said he has decided to develop new ventures but will remain with the company until a suitable replacement is found – and that search is already underway.
James Cornell, chief executive and co-founder of Lowell, said: “As co-founders, we’ve been brothers in the creation and development of Lowell, and so today really is the end of an era.
“We wish Andrew every success in the future as he focuses on a diverse range of start-up business and projects.”
Bartle said: “The decision to leave Lowell has been an incredibly hard one.
“When James and I established Lowell, we were full of ambitious ideas, but the superb team and successful organisation we’ve created today far surpasses those early plans and expectations.”
Bartle and Cornell were honoured with a Decade of Pioneers Award for their work in the credit management sector at Credit Strategy’s Collections & Customer Service (CCS) Awards in November last year.