News / Lloyd Dunn to take over as CEO at DX Group, leading successful fundraising drive

UK logistics and courier operator DX Group has appointed a new chief executive and raised £24m in funds for a revamped business turnaround programme.

The company today announced that its shareholders had agreed to appoint ex-Tuffnells executive Lloyd Dunn as its new CEO, who has also committed to personally lending DX £5m.

Other participants in the loan package include DX’s largest shareholder, Gatemore Capital Management, which holds a 23.8% stake and has for the past year been lobbying other shareholders for a ...