Burford names new CFO and governance shake-up amid activist investor row

Litigation funder Burford Capital has appointed a new CFO and begun a search for two new independent directors to its board as its protracted and increasingly public row with US investor Muddy Waters rages on.

Burford confirmed today (15 August) that Jim Kilman will become the company’s new CFO, replacing Elizabeth O’Connell, who is married to its chief executive Christopher Bogart. The personal relationship between the two was a key point Muddy Waters raised earlier this month in a stinging critique of the funder’s governance and accounting standards.

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