LONDON (Alliance News) - 1PM PLC, the AIM-listed finance provider to smaller companies, on Wednesday said Chief Financial Officer Helen Walker intends to step down at the end of its current financial year ending May 31, 2017.
"Helen's service agreement has previously been based on an arrangement of four working days per week, and Helen intends to leave the employment of the company in order to spend more time with her other client businesses," 1pm said in a statement.
1pm said it will start the process of hiring a full-time successor once it publishes its financial results for the recently ended financial year. Those results are due in September.
Walker, a former financial manager for both Vodafone and the Virgin Group, was named 1pm's director of treasury in November 2008, having been the company's financial controller for two years. She became finance director in February 2010.
In May 2014, Walker was named the joint winner of the Small Cap Executive Director of the Year at the second Annual Small Cap Awards in London.
Shares in 1pm were up 2.0% at 66.80 pence on Wednesday.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2016 Alliance News Limited. All Rights Reserved.
