Yodel has appointed a new chief financial officer (CFO) following its acquisition earlier this year by the consortium YDLGP.

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.

Mike Hancox, chief executive of Yodel, said:Yodel has experienced a sustained increase in parcel volumes in recent years, up 3% to 191m in 2023.

“Dan joins us as we continue to expand our consumer-to-consumer and out of home offerings that have been a significant area of growth as more consumers choose pre-loved goods.

Dan Hobden Yodel CFO

Dan Hobden Yodel CFO

Source: Yodel

“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.”

YDLGP was formed to create a leading large-scale logistics provider, combining Yodel’s parcel delivery operations with Shift’s AI-driven platform.