December 16, 2010 3:49 am

Rent bill blues

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As beleaguered care home group Southern Cross tries to get to grips with its onerous rent bills, its finance director Richard Midmer is moving on to help restructure its lease payments.

Before joining Southern Cross in 2008, Mr Midmer spent five years as numbers man for NHP, a care home company that is Southern Cross’s largest landlord, so will be the right man for the job.

His replacement will be David Smith, a 35-year-old former PwC accountant who is the group’s finance and support services director.

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